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The government announced in late 2009 that it would freeze tariffs at current levels until 2015 at the earliest. We … computable general equilibrium (CGE) model of the New Zealand economy. We find that the elimination of tariffs in New Zealand …
Persistent link: https://www.econbiz.de/10009363417
This paper focuses on the implications of the negotiations on industrial tariffs for longer term industrialization in … experience of todays advanced countries regarding the use of tariffs in the course of their industrialization, and compares and … the sectoral pattern and evolution of tariffs that may be needed in the course of industrial development in comparison …
Persistent link: https://www.econbiz.de/10009363466
The paper analyzes how various preferential trading arrangements deal with agriculture liberalization and examines a few case studies highlighting the provisions on agriculture. It assesses the effect of preferential trade agreements on agriculture trade flows in the case of ASEAN. It finds that...
Persistent link: https://www.econbiz.de/10009365181
Although there has been much theorising on the impact of Indias economic reforms of 1991 on Indian manufacturers, there is hardly any previous study that has taken up the task of actually asking the manufacturing firms as to what the true impact of economic reforms has been on them. In this...
Persistent link: https://www.econbiz.de/10009363558
Many argue that the yuan needs to appreciate to rebalance the Peoples Republic of Chinas trade. However, empirical evidence on the effects of a CNY appreciation on the Peoples Republic of Chinas exports has been mixed for the largest category of exports, processed exports. Since much of the...
Persistent link: https://www.econbiz.de/10009363842
The paper reviews Indias macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and investment. The second section considers some of...
Persistent link: https://www.econbiz.de/10009363919
The objective of this paper is to explore how the external balance of the United States (US) might evolve in future years as the economy emerges from the recession. We examine the issue from the domestic perspective of the saving and investment balance and from the external side in terms of the...
Persistent link: https://www.econbiz.de/10009365158
Even though globalization benefits less developed countries (LDCs), it also makes them more vulnerable to the exogenous shocks to the economies. Many LDCs rely on imported technologies and intermediate inputs to compete in the international export markets with better quality and cost efficient...
Persistent link: https://www.econbiz.de/10009365410
The results highlight the conflicting interests of countries — to stabilize exchange rates or to keep the option of exchange rate depreciation in order to maintain competitiveness of domestic tradable producers. With deepening integration in East Asia, however, the desire for exchange...
Persistent link: https://www.econbiz.de/10010857579
With the rise of the People’s Republic of China (PRC) as the world’s largest trading nation (measured by trade value) and second largest economic power (measured by GDP), its economic influence over the neighboring emerging economies in East Asia has also risen. The PRC introduced...
Persistent link: https://www.econbiz.de/10011134348