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Financial Globalization and Economic Policies
Prasad, Eswar S. - 2011
process of financial globalization. Our central findings indicate that policies promoting financial sector development …, institutional quality and trade openness appear to help developing countries derive the benefits of globalization. Similarly, sound … unavoidable tensions inherent in evaluating the risks and benefits associated with financial globalization. In light of these …
Persistent link: https://www.econbiz.de/10013134774
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Classical economics and modern theory : studies in long-period analysis
Kurz, Heinz D. (ed.); Salvadori, Neri (ed.) - 2003
In this thought-provoking book, well known economists Kurz and Salvadori cover original findings and new vistas on old problems. They cover: alternative interpretations of classical economists new growth theory the relationship between Sraffian theory and Von Neumann the treatment of capital in...
Persistent link: https://www.econbiz.de/10012655038
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The Value of Making Commitments Externally : Evidence from WTO Accessions
Tang, Man-Keung - 2011
This paper studies the value of external commitment to policy reforms in the case of WTO/GATT accessions. The accessions often entail reforms that go beyond narrowly defined trade liberalization, and have to overcome fierce resistance in the acceding countries, as reflected in protracted...
Persistent link: https://www.econbiz.de/10013134640
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The Value of Making Commitments Externally : Evidence from WTO Accessions
Tang, Man-Keung - 2010
This paper studies the value of external commitment to policy reforms in the case of WTO/GATT accessions. The accessions often entail reforms that go beyond narrowly defined trade liberalization, and have to overcome fierce resistance in the acceding countries, as reflected in protracted...
Persistent link: https://www.econbiz.de/10012758061
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Collateral Damage : Exchange Controls and International Trade
Wei, Shang-Jin - 2010
While new conventional wisdom warns that developing countries should be aware of the risks of premature capital account liberalization, the costs of not removing exchange controls have received much less attention. This paper investigates the negative effects of exchange controls on trade. To...
Persistent link: https://www.econbiz.de/10012760195
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Collateral Damage : Exchange Controls and International Trade
Wei, Shang-Jin - 2011
While new conventional wisdom warns that developing countries should be aware of the risks of premature capital account liberalization, the costs of not removing exchange controls have received much less attention. This paper investigates the negative effects of exchange controls on trade. To...
Persistent link: https://www.econbiz.de/10012756924
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Do External Interventions Work? The Case of Trade Reform Conditions in IMF Supported Programs
Wei, Shang-Jin - 2014
Trade reform conditions are common in IMF supported programs. Of the 99 countries that had IMF programs during 1993-2003, 77 had conditions on trade reforms in their programs. Since the WTO has not been found especially effective in promoting trade openness for most developing countries, it is...
Persistent link: https://www.econbiz.de/10012752079
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The Value of Making Commitments Externally : Evidence from WTO Accessions
Tang, Man-Keung - 2008
This paper studies the value of external commitment to policy reforms in the case of WTO/GATT accessions. The accessions often entail reforms that go beyond narrowly defined trade liberalization, and have to overcome fierce resistance in the acceding countries, as reflected in protracted...
Persistent link: https://www.econbiz.de/10012464067
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Collateral Damage : Exchange Controls and International Trade
Wei, Shang-Jin - 2007
While new conventional wisdom warns that developing countries should be aware of the risks of premature capital account liberalization, the costs of not removing exchange controls have received much less attention. This paper investigates the negative effects of exchange controls on trade. To...
Persistent link: https://www.econbiz.de/10012465635
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Do External Interventions Work? The Case of Trade Reform Conditions in IMF Supported Programs
Wei, Shang-Jin - 2006
Trade reform conditions are common in IMF supported programs. Of the 99 countries that had IMF programs during 1993-2003, 77 had conditions on trade reforms in their programs. Since the WTO has not been found especially effective in promoting trade openness for most developing countries, it is...
Persistent link: https://www.econbiz.de/10012465994