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analyzes the relationship between the market structure of the nonprimary sectors and equilibrium adjustments to shocks in the …
Persistent link: https://www.econbiz.de/10005825986
This paper attempts to set out the principal issues that need to be resolved in formulating a proposal for quotas and voice reform in the IMF that could command broad support. Following John Rawls, we argue that "justice is the first virtue of social institutions," and we use his theory of...
Persistent link: https://www.econbiz.de/10005825790
This paper investigates whether the linkages between economic growth in Russia and growth in other countries in the region have weakened over time, particularly following the 1998 Russian crisis. It specifies an econometric model that includes standard growth determinants as well as Russian...
Persistent link: https://www.econbiz.de/10005599404
(CSFR), and Romania in the period since the initiation of market-oriented reforms in these countries. The paper reviews …
Persistent link: https://www.econbiz.de/10005599534
This paper uses disaggregated trade data to assess how the expansion of China's production capacity and its changing … production structure may be affecting its trade linkages with other countries. It finds that China is moving away from … recent increase in its trade balance. In addition, as China moves up the value chain, both its imports and exports have …
Persistent link: https://www.econbiz.de/10005599657
A large data set on trade in manufactured products is used to evaluate the performance of a model that combines both … trade models play an important role in explaining relative exports. …
Persistent link: https://www.econbiz.de/10005605158
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects …-level research, and case studies) supports the view that trade openness contributes greatly to growth. Moreover, trade openness does … not have systematic effects on the poor beyond its effect on overall growth. Trade policy is only one of many determinants …
Persistent link: https://www.econbiz.de/10005263804
China's sectoral trade composition, product quality mix, and import content of processing exports have all changed … substantially during the past decade. This has rendered trade elasticities estimated using aggregate data highly unstable, with more …
Persistent link: https://www.econbiz.de/10005263876
This paper examines the economic and financial linkages between Morocco and Tunisia and their European partners. Using structural vector autoregressions, we find that growth shocks in European partner countries generate significant responses on growth in Morocco and Tunisia. For Tunisia, exports...
Persistent link: https://www.econbiz.de/10008727792