Showing 1 - 10 of 18
This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...
Persistent link: https://www.econbiz.de/10011244528
Limited diversification is an underlying characteristic of many low-income countries (LICs). Concentration in sectors with limited scope for increases in productivity and quality may result in less broad-based and sustainable growth. Moreover, lack of diversification may increase exposure to...
Persistent link: https://www.econbiz.de/10011245889
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects …-level research, and case studies) supports the view that trade openness contributes greatly to growth. Moreover, trade openness does … not have systematic effects on the poor beyond its effect on overall growth. Trade policy is only one of many determinants …
Persistent link: https://www.econbiz.de/10005263804
China's sectoral trade composition, product quality mix, and import content of processing exports have all changed … substantially during the past decade. This has rendered trade elasticities estimated using aggregate data highly unstable, with more …
Persistent link: https://www.econbiz.de/10005263876
This paper studies the structure and evolution of trade protection in the Middle East and North African (MENA ….8. The paper also develops an overall index of trade protection and finds that tariff levels, their dispersion, and nontariff …
Persistent link: https://www.econbiz.de/10005264197
The paper develops a simple three-sector model of a developing country with nominal wage rigidity, in which one sector is thought of as the primary sector and the other two are sectors in which the country can diversify. The paper then analyzes the relationship between the market structure of...
Persistent link: https://www.econbiz.de/10005825986
This paper describes the United States recently enacted Africa Growth and Opportunity Act (AGOA) and assesses its quantitative impact on African exports. The AGOA expands the scope of preferential access of Africa's exports to the United States in key areas such as clothing. However, its medium...
Persistent link: https://www.econbiz.de/10005826130
The paper analyses the potential trade impact of the forthcoming East African Community (EAC) customs union. It … examines the trade linkages among the member countries of the EAC and the extent to which the introduction of the EAC common … external tariff will liberalize their trade regimes. To gauge the potential trade impact of the formation of the customs union …
Persistent link: https://www.econbiz.de/10005826317
The effect of exchange rate volatility on trade flows was examined by a 1984 IMF study on G-7 countries. Over the past … exchange hedging instruments, may have reduced the impact of volatility on trade flows. Using recent advances in the economic … theories on trade and in statistical methodologies, this paper revisits this important issue by taking into account these new …
Persistent link: https://www.econbiz.de/10005767343