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This paper applies the balance of payments constrained growth model to seventeen countries of Latin America over the … is found for Latin America as a whole and for some individual countries, and the balance of payments equilibrium growth … rate is a good predictor of growth performance in nine of the seventeen countries. There is no evidence that the balance of …
Persistent link: https://www.econbiz.de/10003156323
The broad purpose of trade liberalisation is to raise the rate of growth of countries on a sustainable basis … seventeen countries of Latin America has improved the trade-off between GDP growth and the trade balance, allowing the countries …
Persistent link: https://www.econbiz.de/10010290663
The broad purpose of trade liberalisation is to raise the rate of growth of countries on a sustainable basis … seventeen countries of Latin America has improved the trade-off between GDP growth and the trade balance, allowing the countries … wider trade or current account deficit. -- Latin America ; Trade Liberalisation ; Growth ; Balance of Payments …
Persistent link: https://www.econbiz.de/10003051018
the NAFTA agreement, and its impact on economic performance. The average growth of GDP of the Mexican economy since … content) which has not been compensated by a sufficiently fast growth of exports, leading to severe balance of payments …
Persistent link: https://www.econbiz.de/10010290687
propensity to export and this has worsened the growth rate consistent with balanced trade, and this is a major explanation of the … slowdown of Mexico's growth in recent years. NAFTA has not delivered the improved growth performance that was promised by …
Persistent link: https://www.econbiz.de/10010290694
This paper analyses the impact of the reduction of tariff and non-tariff barriers on the trade balance and the current account of the balance of payments of 22 selected developing countries from Africa, Latin America, East Asia, and South Asia. The study presents estimates of dynamic panel data...
Persistent link: https://www.econbiz.de/10010290656
the NAFTA agreement, and its impact on economic performance. The average growth of GDP of the Mexican economy since … content) which has not been compensated by a sufficiently fast growth of exports, leading to severe balance of payments … difficulties. Mexican exchange rate policy has not helped the situation. -- Trade liberalisation ; Economic growth ; Balance of …
Persistent link: https://www.econbiz.de/10002024403
propensity to export and this has worsened the growth rate consistent with balanced trade, and this is a major explanation of the … slowdown of Mexico's growth in recent years. NAFTA has not delivered the improved growth performance that was promised by …
Persistent link: https://www.econbiz.de/10001923534
This paper analyses the impact of the reduction of tariff and non-tariff barriers on the trade balance and the current account of the balance of payments of 22 selected developing countries from Africa, Latin America, East Asia, and South Asia. The study presents estimates of dynamic panel data...
Persistent link: https://www.econbiz.de/10001689534
developing countries. It is expected that trade liberalisation would promote economic growth from the supply side by leading to a … national boundaries. Trade liberalisation could lead to faster import growth than export growth and hence the supply side …-series and cross-section dimension) to estimate the effect of trade liberalisation and growth on trade balance while controlling …
Persistent link: https://www.econbiz.de/10014070258