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Russia and the WTO; The "Gravity" of Outsider Status

Lissovolik, Yaroslav; Lissovolik, Bogdan - International Monetary Fund (IMF) - 2004

With China's accession to the WTO in 2001, Russia is by far that organization's most prominent nonmember. This paper applies the gravity model to gauge whether this "outsider" status has been affecting Russia's export structure. On the basis of cross-section and panel regressions for 1995-2002,...

Persistent link: https://www.econbiz.de/10005599345

International Trade, Distortions and Long-Run Economic Growth

Lee, Jong-Wha - International Monetary Fund (IMF) - 1992

The links between trade and growth are examined in a neoclassical model of an open economy in which domestic production … tariffs and exchange controls generate cross-country divergences in growth rates and in per capita income over a long … share of free trade imports, have significant negative effects on the growth rate of per capita income across countries in …

Persistent link: https://www.econbiz.de/10005599438

Preferential Trade Agreements in the Asia-Pacific Region

Feridhanusetyawan, Tubagus - International Monetary Fund (IMF) - 2005

Preferential trade agreements (PTAs) in the Asia-Pacific region have proliferated rapidly over the past five years and are creating a complex web of intersecting bilateral and regional trade agreements. This paper describes the proliferation of these PTAs, discusses their characteristics and...

Persistent link: https://www.econbiz.de/10005599528

The WTO and the Poorest Countries; The Stark Reality

Mattoo, Aaditya; Subramanian, Arvind - International Monetary Fund (IMF) - 2004

Small and poor countries pose a challenge for the World Trade Organization (WTO). These countries have acquired a significant say in WTO decision-making. However, they have limited ability to engage in the reciprocity game that is at the heart of the WTO, and have limited interests in the...

Persistent link: https://www.econbiz.de/10005599545

The WTO Promotes Trade, Strongly But Unevenly

Wei, Shang-Jin; Subramanian, Arvind - International Monetary Fund (IMF) - 2003

This paper furnishes robust evidence that the GATT/WTO has had a powerful and positive impact on trade. The impact has, however, been uneven. GATT/WTO membership for industrial countries has been associated with a large increase in imports estimated at about 40 percent of world trade. The same...

Persistent link: https://www.econbiz.de/10005599641

To Smooth or Not to Smooth; The Impact of Grants and Remittanceson the Equilibrium Real Exchange Rate in Jordan

Petri, Martin; Saadi-Sedik, Tahsin - International Monetary Fund (IMF) - 2006

This paper estimates the effect of grants and workers' remittances on Jordan's long-term equilibrium real exchange rate. We estimate an equilibrium path for the Jordanian real exchange rate using the Johansen cointegration methodology over the period 1964 to 2005. Controlling for other...

Persistent link: https://www.econbiz.de/10005599667

Trade Policy in Financial Services

McDonald, Bradley J.; Bannister, Geoffrey J.; Tamirisa, … - International Monetary Fund (IMF) - 2000

This paper reviews the economics of trade policy in financial services, highlighting differences between trade across borders and through commercial presence. Trade liberalization could complement other financial reforms by enhancing the efficiency, quality, and variety of financial services and...

Persistent link: https://www.econbiz.de/10005599696

Comesa and Sadc; Prospects and Challenges for Regional Trade Integration

Khandelwal, Padamja - International Monetary Fund (IMF) - 2004

and southern Africa: the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development … Community (SADC). It finds that possibilities of growth in intraregional trade may be limited, but that the two arrangements …

Persistent link: https://www.econbiz.de/10005604840

Import-Reducing Effect of Trade Barriers; A Cross-Country Investigation

Wang, Qing - International Monetary Fund (IMF) - 2001

A comprehensive empirical investigation is carried out to ascertain the import-reducing effect of trade protection barriers. We first present a statistical summary of the status of global trade protection. Then, based on a monopolistic competition trade model and 1994 cross-country data on trade...

Persistent link: https://www.econbiz.de/10005605035

Trade Reform in the CEMAC; Developments and Opportunities

Tsangarides, Charalambos G.; Martijn, Jan Kees - International Monetary Fund (IMF) - 2007

growth and poverty alleviation and limit risks of trade diversion with an EPA. Tariff reform should be complemented by …

Persistent link: https://www.econbiz.de/10005605078