This paper examines the determinants of the real effective exchange rate (REER) in Brazil, from 1994 to 2003. Building … expenditures on tradables and non-tradables, trade openness and real interest differentials. On the basis of these fundamentals … misalignment appears to be small as well. The paper also discusses the implications of these findings with regard to trade …

institutional environment. It also claims that Brazil could have enjoyed more gains from trade, had it pursued a more aggressive …Unfulfilled expectations about economic growth in Brazil has led many observers to question the ability of the new …, open trade regime to put the economy back on an path of sustainable growth. Whereas the country’s growth record has been …

, their terms of trade are not because the export price of one country is also highly correlated with the import price of the …-rate coordination may be useful to compensate or smooth the adjustment of the two countries to terms-of-trade shocks, provided that the … exchange-rate coordination may eliminate the swings of the bilateral real exchange rate between Brazil and Argentina, which is …

trade deregulation. At the same time, the need of government in providing property rights is emphasized. · Hope this report …

The question that needs to be asked with regards to the impact of tourism on Jamaica is do we in Jamaica know the real …

In April 2005, the research paper into Assistance to Tourism: Exploratory Estimates, was released. It is the first … comprehensive attempt to quantify the extent of assistance to tourism on a comparable basis to that for other industries in … Australia. While care is needed in interpreting the results, the estimates suggest that tourism receives a lower rate of …

city launching a tourism program.<BR> …