(if only by moments: by creation of debt ( Gardiner 2006 )). In truth, this has always been the case, as even precious metal coin represents a government declared transferable debt that all are supposed to honour ( Graeber 2011 ). That coin had a
– although China's major export products are electrical machinery and equipment – metals, furniture and various textile products continue to be a substantial item in China's export basket, making the export basket relatively diversified. As far as the share
Swiss Franc. Approximately USD 100 billion is held in gold. It is the China central bank's large-scale purchases of the latter in recent years that have led to a major increase in the prices of this precious metal. On the other hand, only ca. 2% of the
Authors:Bence Kiss-Dobronyi, Dora Fazekas, and Hector Pollitt
( Google 2020 ) data: an annualized decrease of activity at workplaces was used as an adjustment factor for the sectoral assumptions. The strongest effects are in forestry, basic metals, personal services, metal products, machinery, but also tourism and
. Journal of Banking & Finance , 37 ( 8 ): 2665 – 2676 . 10.1016/j.jbankfin.2013.03.020 Reboredo , J. C. – Ugolini , A. ( 2015 ): Downside/Upside Price Spillovers between Precious Metals: A Vine Copula Approach . The North American Journal of
. 2020 : 6; Gulca and Necșuțu 2019 ).
The International Crisis Group ( ICG 2020 : 11) warns that even with its state-dominated labour market and its electricity, metal and food exports, Transnistria might be vulnerable to a lengthy lockdown