and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization …

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 …

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 …

€™ 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 …

.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 …