dependent on the oil sector. Since the lifting of the Libya-specific trade sanctions of the United Nation and United States in …

€™ trade policies and their development strategies. However, although greater trade openness promises faster growth for poor …Efforts to liberalize world trade are increasingly focusing on strengthening the links between low-income countriesâ …

This paper investigates the impact of long-run terms-of-trade shocks. Analytically, we show that, if capital goods are … during 1965-89. Favorable terms-of-trade shocks increase investment and (especially government) consumption, but reduce …, but Dutch Disease effects are strikingly absent. Investment, consumption, and nontradable output respond more to a terms-of-trade …

trade volatility offset the positive impact of commodity booms; and export diversification of primary commodity abundant …This paper studies the impact of the level and volatility of the commodity terms of trade on economic growth, as well … of trade growth enhances real output per capita, volatility exerts a negative impact on economic growth operating mainly …

developed and the developing countries. Our analysis will evaluate how the presence of terms of trade adjustment and distorted … endogenous terms of trade adjustment, there are cases in which a competitive international banking system may not revitalize … appropriate conditionality, and the presence of endogenous terms of trade adjustment puts greater weight on investment …

.1 percent of GDP in 2010. A compression of imports in 2009, the region’s external current account deficit is estimated to have …

The empirical study shows that the equilibrium real exchange rate in Mauritius has been affected by the terms of trade …, as well as by other fundamental determinants. It assesses the challenges posed to Mauritius’s trade performance by the … expiration of the preferential trade arrangements. It examines the empirical relationship among domestic prices, money, foreign …

This paper reports on progress made on Nicaragua’s National Human Development Plan as of 2010. The operational goal … for Nicaragua’s National Human Development Plan is economic growth with increased employment and reduced inequality and …