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In the literature on exports and investment, most productive firms are seen to invest abroad. In the Helpman et al. (2004) model, costs of transportation play a critical role in the decision about whether to serve foreign customers by exporting, or by producing abroad. We consider the case of...
Persistent link: https://www.econbiz.de/10014403090
One of the most significant recent developments in world trade has been the entry of China into the World Trade … Organization (WTO). This paper examines the implications of China''s WTO accession for India''s trade, using both econometrics and … computable general equilibrium (CGE) models. The paper analyzes how India stands to lose or gain from China''s WTO entry in terms …
Persistent link: https://www.econbiz.de/10014400923
entry matters more than access to the rest of China, which is consistent with market fragmentation due to underdeveloped …
Persistent link: https://www.econbiz.de/10014400961
The BSP's regulatory framework is broadly effective for the size and complexity of the Philippine banking system, but legislative gaps continue to hinder effective supervision of banks. The BSP has a well-resourced, experienced and highly committed staffing complement, but there is an ongoing...
Persistent link: https://www.econbiz.de/10012647639
This note summarizes the conclusions of the review of the insurance sector in the Philippines as part of the Financial … insurance sector in the Philippines with respect to: a) the potential exposure of the sector to vulnerabilities, either … long term growth and development of the economy and the well-being of the Philippines people; and c) the relationship …
Persistent link: https://www.econbiz.de/10012560017
This paper estimates potential growth in the Philippines using different methodologies, and discusses growth prospects …. Further work could extend the FPAS model for the Philippines in a number of directions …
Persistent link: https://www.econbiz.de/10014402338
After the global financial crisis, economic growth of the Philippines has increased. However, renewed shocks to global …
Persistent link: https://www.econbiz.de/10014402415
This paper reviews the Financial System Stability Assessment Update on the Philippines. The assessment reveals that the …
Persistent link: https://www.econbiz.de/10014403447
is higher in the post-Asian crisis period in the Philippines, while the majority of the Philippines’s regional peers have …
Persistent link: https://www.econbiz.de/10014404930
The staff report for the 2005 Article IV Consultation on the Philippines highlights managing short-term vulnerabilities …
Persistent link: https://www.econbiz.de/10014404944