Showing 1 - 10 of 125
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 …
Persistent link: https://www.econbiz.de/10005599528
effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners … regional free trade arrangements should be used to accelerate, rather than postpone, needed structural reform. …
Persistent link: https://www.econbiz.de/10005599680
Regional trade arrangements (RTAs) in Africa have been ineffective in promoting trade and foreign direct investment …. Relatively high external trade barriers and low resource complementarity between member countries limit both intra- and … extraregional trade. Small market size, poor transport facilities and high trading costs make it difficult for African countries to …
Persistent link: https://www.econbiz.de/10005768946
. This paper examines—among other things—the macroeconomic and fiscal implications of the Free Trade Agreement with the …
Persistent link: https://www.econbiz.de/10005252532
builds a new dataset on trade-weighed exchange rates for the period 1870-1913 and finds that large currency movements in … exchange rates worldwide. We relate the phenomenon to the international trade structure at the time and show that such currency … fluctuations had powerful effects on trade flows. We conclude that nominal exchange rate flexibility in the periphery was an …
Persistent link: https://www.econbiz.de/10005769107
between 1980 and 1998 reveal that trade network externalities are a key determinant. This implies that anchor currency choice …
Persistent link: https://www.econbiz.de/10005605395
We review the literature on Dutch disease, and document that shocks that trigger foreign exchange inflows (such as natural resource booms, surges in foreign aid, remittances, or capital inflows) appreciate the real exchange rate, generate factor reallocation, and reduce manufacturing output and...
Persistent link: https://www.econbiz.de/10008777021
conflicts in contiguous states, on international trade. Our empirical findings-based on different measures of conflict … trade as a result of spillovers from conflict in neighboring countries. The magnitude of this negative externality is …. Further, the impact is persistent-on average, it takes bilateral trade three years to recover from the end of intrastate …
Persistent link: https://www.econbiz.de/10008561086
International trade is vital for economic prosperity in Pacific island countries, but their trade performance has been … center presents Pacific island countries with an unprecedented opportunity to develop trade with Asia, particularly in …
Persistent link: https://www.econbiz.de/10010959471
This 2006 Article IV Consultation highlights that with generally prudent macroeconomic policies, Namibia has enjoyed robust growth, moderate inflation, and strong external surpluses. Growth is expected to increase to 4½ percent in 2006, after 4¼ percent in 2005, owing in part to a recovery...
Persistent link: https://www.econbiz.de/10011244194