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Are Regional Trade Agreements in Asia Stumbling or Building Blocks? Some Implications for the Mekong-3 Countries

Tumbarello, Patrizia - International Monetary Fund (IMF) - 2007

Is the recent proliferation of Regional Trade Agreements (RTAs) in Asia a healthy development, or runs the risk of turning into an unmanageable "noodle bowl" in the future? The goal of this paper is to shed some light on this question. The results show that membership in the Asian RTAs...

Persistent link: https://www.econbiz.de/10005263990

Managing Financial Crises; Recent Experience and Lessons for Latin America

Kincaid, G. Russell; Collyns, Charles - International Monetary Fund (IMF) - 2003

past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the …

Persistent link: https://www.econbiz.de/10005824823

Sustaining Latin America's Resurgence; Some Historical Perspectives

Singh, Anoop; Cerisola, Martin D. - International Monetary Fund (IMF) - 2006

This paper looks at the historical lessons that might serve to entrech Latin America's newly resurgent growth phase. It … briefly reviews the post-World War II experiences in Latin America and Asia, focusing on the conditions that favored capital …

Persistent link: https://www.econbiz.de/10005825672

Economic and Environmental Benefits of Eliminating Log Export Bans; The Case of Costa Rica

Kishor, Nalin M.; Mani, Muthukumara; Constantino, Luis F. - International Monetary Fund (IMF) - 2001

An increasing number of tropical timber producing nations have enacted bans on export of logs. Proponents argue that a log export ban is a second-best policy tool for addressing environmental externalities; it also creates more jobs and improves scale efficiencies domestically. Theoretical...

Persistent link: https://www.econbiz.de/10005825769

Volatility and Growth in Latin America; An Episodic Approach

Sahay, Ratna; Goyal, Rishi - International Monetary Fund (IMF) - 2006

This paper compares the pattern of macroeconomic volatility in 17 Latin American countries during episodes of high and low growth since 1970, examining in particular the role of policy volatility. Macroeconomic outcomes are distinguished from macroeconomic policies, structural reforms and...

Persistent link: https://www.econbiz.de/10005825787

The Role of Fiscal Transparency in Sustaining Stability and Growth in Latin America

Parry, Taryn - International Monetary Fund (IMF) - 2007

Latin America has experienced a resurgence in growth in recent years. However, it is also a region that has been prone … stable macroeconomic performance in Latin America will depend on further cuts in public debt, identification and reduction of … Latin America to highlight good fiscal management and improvements in fiscal transparency that might enhance the prospect …

Persistent link: https://www.econbiz.de/10005826063

Foreign Direct Investment and Structural Reforms; Evidence From Eastern Europe and Latin America

Kinoshita, Yuko; Campos, Nauro F. - International Monetary Fund (IMF) - 2008

This paper investigates the role of structural reforms -financial reforms, trade liberalization, and privatization- as determinants of FDI inflows based on newly constructed dataset on structural reforms for 19 Latin American and 25 Eastern European countries between 1989 and 2004. Our main...

Persistent link: https://www.econbiz.de/10005826274

Credit Stagnation in Latin America

Barajas, Adolfo; Steiner, Roberto - International Monetary Fund (IMF) - 2002

This study examines the recent marked slowdown in bank credit to the private sector in Latin America. Based on the …

Persistent link: https://www.econbiz.de/10005826373

Accounting for Output Drops in Latin America

Lama, Ruy - International Monetary Fund (IMF) - 2009

This paper evaluates what type of models can account for the recent episodes of output drops in Latin America. I … explaining output drops in Latin America. The paper also discusses the implications of these results for policy analysis using …

Persistent link: https://www.econbiz.de/10005826407

The Effect of External Conditionson Growth in Latin America

Zettelmeyer, Jeromin; Österholm, Pär - International Monetary Fund (IMF) - 2007

This paper investigates the sensitivity of Latin American GDP growth to external developments using a Bayesian VAR model with informative steady-state priors. The model is estimated on quarterly data from 1994 to 2006 on key external and Latin American variables. It finds that 50 to 60 percent...

Persistent link: https://www.econbiz.de/10005826559