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Is “Trade” Openness Valid for Nigeria’s Long-Run Growth: A Cointegration Approach?

Kanayo, Ogujiuba; Okechukwu, Oji; Adenuga, Adeniyi - EconWPA - 2004

As a prelude to tariff reduction, the government is currently assessing the implications of significantly reducing tariffs due, in part, to its 2001 agreement with Ghana to quickly implement the ECOWAS Trade Liberalization Scheme. The obvious questions are: Should Nigeria liberalize to all...

Persistent link: https://www.econbiz.de/10005062614

Trade Liberalization and Heterogeneous Time Preference across Countries: A Possibility of Trade Deficits with China

Harashima, Taiji - EconWPA - 2005

. By this strategy, the country generally accumulates current account surpluses, which implies a possibility that China …

Persistent link: https://www.econbiz.de/10005062616

The Travails of Current Macroeconomic and Exchange Rate Management in China: The Complications of Switching to a New Growth Engine

Woo, Wing Thye - EconWPA - 2003

Just when China’s leaders receive conflicting signals of “overheating” and “below-potential growth”, they encounter … challenges have their roots in China’s inadequate marketization and continued discrimination against the domestic private sector … themselves into nonperforming loans. In partially-reformed China, public-directed investments via the state enterprises tend to …

Persistent link: https://www.econbiz.de/10005062405

Globalization and Domestic Conflict

Garfinkel, Michelle R.; Skaperdas, Stergios; … - EconWPA - 2005

We examine how globalization affects trade patterns and welfare when conflict prevails domestically. We do so in a simple model of trade, in which a natural resource like oil is contested by competing groups using real resources ('guns'). Thus, conflict is viewed as ultimately stemming from...

Persistent link: https://www.econbiz.de/10005408071

Openness and Growth in Central-Eastern European Countries

Capolupo, Rosa; Celi, Giuseppe - EconWPA - 2005

We present evidence of the relationship between trade-openness and growth in the sample of former communist countries before and after the transition from a central planned economy (CPE) to a market economy by applying standard OLS and panel estimation techniques. The main finding is that during...

Persistent link: https://www.econbiz.de/10005408258

Globalization, Domestic Politics and Social Spending in Latin

Kaufman, Robert R.; Segura-Ubiergo, Alex - EconWPA - 2005

This paper analyzes the impact of globalization on social spending in Latin America. It shows that trade integration has a consistently negative effect on social security expenditures, and that this effect is compounded by higher integration into capital markets. The importance of political...

Persistent link: https://www.econbiz.de/10005412487

Globalization and the Right to Free Association and Collective

Neumayer, Eric; Soysa, Indra de - EconWPA - 2004

Economies that are more open to trade and foreign direct investment face greater competitive pressure than closed ones. Globalization critics are concerned that this pressure induces countries to lower labor standards in order to remain competitive and retain or attract foreign investment....

Persistent link: https://www.econbiz.de/10005125769

The Inequality of Influence

Hellman, Joel; Kaufmann, Daniel - EconWPA - 2003

This paper develops a proxy measure of the inequality of influence on the basis of survey evidence from 2002 Business Environment and Enterprise Performance Survey (BEEPS) conducted among 6,500 firms in 27 transition countries. We refer to the resulting inequality as crony bias in the political...

Persistent link: https://www.econbiz.de/10005407672

Far From Home: Do Foreign Investors Import Higher Standards of Governance in Transition Economies?

Hellman, Joel S.; Jones, Geraint; Kaufmann, Daniel - EconWPA - 2003

unbundles corruption to measure different types of corrupt transactions and provide detailed information on the characteristics … and performance of firms, we find that: i) corruption reduces FDI inflows and attracts lower quality investment in terms … kickbacks, while paying a lower overall bribe burden than domestic firms; iii) FDI firms undertake those forms of corruption …

Persistent link: https://www.econbiz.de/10005407674

Measuring Governance, Corruption and State Capture: How Firms and Bureaucrats Shape the Business Environment in Transition Economies

Hellman, Joel S.; Jones, Geraint; Kaufmann, Daniel; … - EconWPA - 2003

corruption, with little attention paid to the role played by firms. Consequently, the links between corporate governance and … Performance Survey (BEEPS) across 20 transition economies, providing an assessment of governance and corruption from the … survey design permits an in-depth empirical analysis of governance and corruption, unbundling governance into its component …

Persistent link: https://www.econbiz.de/10005407751