Showing 1 - 10 of 504
and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization …
Persistent link: https://www.econbiz.de/10005605423
Economic performance in many emerging market and developing economies (EMDEs) improved substantially over the past twenty years. The past decade was particularly good—for the first time EMDEs spent more time in expansion and had smaller downturns thanadvanced economies. In this paper we...
Persistent link: https://www.econbiz.de/10011142060
This paper assesses the effects of reducing tariffs under the Doha Round on market access for developing countries. It shows that for many developing countries, actual preferential access is less generous than it appears because of low product coverage or complex rules of origin. Thus lowering...
Persistent link: https://www.econbiz.de/10005599383
This paper analyzes the effects of trade openness on budget balances by distinguishing the effects of natural openness … from those of trade-policy induced openness. Using the GMMsystem estimator, the econometric analysis focuses on 66 … developing countries during 1974-98. The results show that trade openness increases a country's exposure to external shocks …
Persistent link: https://www.econbiz.de/10005768955
The current round of multilateral trade negotiations-the Doha Round-presents an opportunity for countries to reap the … benefits of trade liberalization. Unfortunately, a number of misconceptions about the likely impact of trade reforms has, in …) developing countries have much to gain from their own trade liberalization; (ii) preference erosion could be significant for some …
Persistent link: https://www.econbiz.de/10011242446
€™ 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 …
Persistent link: https://www.econbiz.de/10011142205
This note raises the IMF’s profile on a number of issues related to inequality, unemployment, governance, etc. It builds on earlier empirical work that examined correlations between growth downbreaks/duration of growth spells and a range of macro/policy/institutional factors. This paper is...
Persistent link: https://www.econbiz.de/10011245899
complicate policy implementation. Global inflation pressures, greater exchange rate volatility, and the financial stresses from …
Persistent link: https://www.econbiz.de/10011245907
This paper shows that the response of inflation to external shocks is very different when the authorities target the real exchange rate than when they follow a fixed exchange rate or a preannounced crawling peg. Specifically, shocks that would have no effect on the steady-state inflation rate...
Persistent link: https://www.econbiz.de/10005248257
liberalization on imports, exports, and overall trade balance for a large sample of developing countries. We find strong and … consistent evidence that trade liberalization leads to higher imports and exports. However, in contrast Santos-Paulino and …Using two recently constructed measures of trade liberalization dates, this research studies the impact of trade …
Persistent link: https://www.econbiz.de/10005248278