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Central America; Global Integration and Regional Cooperation

Rodlauer, Markus; Schipke, Alfred - International Monetary Fund (IMF) - 2005

Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examinesâ€”among other thingsâ€”the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the...

Persistent link: https://www.econbiz.de/10005252532

Trade Creation and Diversion Revisited; Accounting for Model Uncertainty and Natural Trading Partner Effects

Papageorgiou, Chris; Henn, Christian; Eicher, Theo S. - International Monetary Fund (IMF) - 2008

Trade theories covering Preferential Trade Agreements (PTAs) are as diverse as the literature in search of their empirical support. To account for the model uncertainty that surrounds the validity of the competing PTA theories, we introduce Bayesian Model Averaging (BMA) to the PTA literature....

Persistent link: https://www.econbiz.de/10005263980

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

Spain; Selected Issues

International Monetary Fund (IMF); International … - 2004

Spain has experienced income convergence consistently in the past decade, despite gradual losses in competitiveness. The empirical evidence indicates that overall EU enlargement offers a range of opportunities for Spain, points to potential pressures in specific sectors, and offers challenges,...

Persistent link: https://www.econbiz.de/10005825436

Yen Bloc or Yuan Bloc; An Analysis of Currency Arrangements in East Asia

Shirono, Kazuko - International Monetary Fund (IMF) - 2009

This paper examines the role of Japan against that of China in the exchange rate regime in East Asia in light of … growing interest in forming a currency union in the region. The analysis suggests that currency unions with China tend to … if China's relative presence continues to rise in the regional trade. …

Persistent link: https://www.econbiz.de/10005826046

In Search of WTO Trade Effects; Preferential Trade Agreements Promote Trade Strongly, But Unevenly

Eicher, Theo S.; Henn, Christian - International Monetary Fund (IMF) - 2009

The literature measuring the impact of Preferential Trade Agreements (PTA) and WTO membership on trade flows has produced remarkably diverse results. Rose's (2004) seminal paper reports a range of specifications that show no WTO effects, but Subramanian and Wei (2007) contend that he does not...

Persistent link: https://www.econbiz.de/10005826257

Trade Integration in the East African Community; An Assessment for Kenya

McIntyre, Meredith A. - International Monetary Fund (IMF) - 2005

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...

Persistent link: https://www.econbiz.de/10005826317

Regional Trade Arrangements in Africa; Past Performance and the Way Forward

Yang, Yongzheng; Gupta, Sanjeev - International Monetary Fund (IMF) - 2005

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...

Persistent link: https://www.econbiz.de/10005768946

Do South-South Trade Agreements Increase Trade? Commodity-Level Evidence from COMESA

Mayda, Anna Maria; Steinberg, Chad - International Monetary Fund (IMF) - 2007

for Eastern and Southern Africa (COMESA) on Uganda's imports between 1994 and 2003. Detailed import and tariff data at the …

Persistent link: https://www.econbiz.de/10005769302

Trade Reform in the CEMAC; Developments and Opportunities

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

This paper provides an update on the main elements of the reform agenda concerning the CEMAC trade regime as well as a tentative quantitative assessment of selected effects on tariff revenues and trade patterns. Notwithstanding data limitations, the key messages from the analysis are as follows....

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

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