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Staying Afloat When the Wind Shifts : External Factors and Emerging-Market Banking Crises
Eichengreen, Barry - 1998
We analyze banking crises using a panel of macroeconomic and financial data for more than one hundred developing countries from 1975 through 1992. We find that banking crises in emerging markets are strongly associated with adverse external conditions. In particular Northern interest rates are...
Persistent link: https://www.econbiz.de/10012472448
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The New Regionalism : Trade Liberalization or Insurance?
Perroni, Carlo - 1994
Several of the recently negotiated regional trade agreements (Canada-U.S., NAFTA, E.C.-Hungary/Poland/Czeck and Slovak Republics) contain significantly fewer concessions by the large countries to smaller countries than vice versa. Yet, it is small countries that have sought them and see...
Persistent link: https://www.econbiz.de/10012474308
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Economic Cycles in Ancient China
Zhang, Yaguang - 2015
We discuss business cycles in ancient China. Data on Ancient China business cycles are sparse and incomplete and so our discussion is qualitative rather than quantitative. Essentially, ancient debates focused on two types of cycles: long run political or dynastic cycles of many decades, and...
Persistent link: https://www.econbiz.de/10012456997
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Assessing the Benefits to Developing Countries of Liberalization in Services Trade
Whalley, John - 2003
This paper discusses the potential impacts of services trade liberalization on developing countries and reviews existing quantitative studies. Its purpose is to distill themes from current literature rather than to advocate specific policy changes. The picture emerging is one of valiant attempts...
Persistent link: https://www.econbiz.de/10012468513
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Recent Trade Liberalization in the Developing World : What is Behind It, and Where is it Headed?
Whalley, John - 1989
outward-oriented development strategies. Conditionality in World Bank and IMF lending programs appears important in Africa … result of bilateral pressure from the U.S. and the European Community. Recent strong macro performance in the developed world …
Persistent link: https://www.econbiz.de/10012475989
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Coalitions in the Uruguay Round : The Extent, Pros and Cons of Developing Country Participation 1,2
Hamilton, Colleen - 1988
This paper both documents the involvement of developing countries in coalitional activity in the current GATT Uruguay round thus far, and provides a rudimenting evaluation of the pros and cons of the different options for them as far as coalitional strategies are concerned. The main conclusions...
Persistent link: https://www.econbiz.de/10012476309
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Global Service Efficiency and the Role of Special and Differential Based Negotiation
Yao, Daqing - 2016
much lower than agriculture and industry. Despite the progress in world commodity market integration in past half century …, the world service market remains highly segmented, which can be seen clearly from the World Bank's STRD index and CHB …
Persistent link: https://www.econbiz.de/10012456314
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Regionalization, Changes in Home Bias, and the Growth of World Trade
Whalley, John - 2007
regions on the growth of world trade among major blocs over the last three decades. Existing work focuses on the impacts of … over the last three decades from our global general equilibrium model reduces world trade by 27% compared to actual world … trade in 2004 in our central case scenario. These results support the view that world trade among major blocs has became …
Persistent link: https://www.econbiz.de/10012465632
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Do WTO Members have More Liberal Trade Policy?
Rose, Andrew K. - 2002
This paper uses 68 measures of trade policy and trade liberalization to ask if membership in theWorld Trade Organization (WTO) and its predecessor the General Agreement on Tariffs and Trade (GATT) is associated with more liberal trade policy. Almost no measures of trade policy are significantly...
Persistent link: https://www.econbiz.de/10012469358
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The Endogeneity of the Optimum Currency Area Criteria
Frankel, Jeffrey A. - 1996
A country's suitability for entry into a currency union depends on a number of economic conditions. These include, inter alia, the intensity of trade with other potential members of the currency union, and the extent to which domestic business cycles are correlated with those of the other...
Persistent link: https://www.econbiz.de/10012473138