Showing 1 - 10 of 997
This paper documents and assesses the significance of the policy changes in China that WTO accession implies in 3 key … their entirety as undertaken at signature in 2002. While it would seem that China will have extraordinarily open markets for … implementation of China's WTO commitments, and following dispute settlement might retaliate in the future were these agreed changes …
Persistent link: https://www.econbiz.de/10012468551
terms by 2007. We evaluate how much benefit China can realistically receive from WTO membership given current problems with …We discuss China's stance in the WTO post-accession, noting the many issues with implementation of China's accession … dumping actions against China and trade restrictions against textile and apparel exports. We discuss emerging WTO and non …
Persistent link: https://www.econbiz.de/10012468044
China's rapid rise in the global economy following its 2001 WTO entry has raised questions about its economic impact on … the rest of the world. In this paper, we focus on the U.S. market and potential consumer benefits. We find that the China … attention in the literature, is the U.S. granting permanent normal trade relations (PNTR) to China. A second, new channel we …
Persistent link: https://www.econbiz.de/10012455194
I examine the hypothesis that membership in the World Trade Organization (WTO) and its predecessor the General …/WTO membership on the coefficient of variation in trade computed over 25-year samples, controlling for a number of factors. I also … use a comparable multilateral data set. There is little evidence that membership in the GATT/WTO has a significant …
Persistent link: https://www.econbiz.de/10012468487
-century China's most important wars. Our identification strategy exploits the locality-time-content variation in the circulation of …
Persistent link: https://www.econbiz.de/10014226144
studying bank-specific data on lending by domestically- and foreign-owned banks in Argentina and Mexico. We find that foreign …. Overall, these findings suggest that bank health, and not ownership per se, is the critical element in the growth, volatility …, and cyclicality of bank credit. Diversity in ownership appears to contribute to greater stability of credit in times of …
Persistent link: https://www.econbiz.de/10012471047
-of-second-to-last-resort". Using daily supervisory bank balance sheet information, we find that U.S. GSIBs modestly increase their dollar liquidity … broker-dealer subsidiaries within the same bank holding company are crucial to this type of "reserve-draining" intermediation …
Persistent link: https://www.econbiz.de/10012481346
effects from cross-border bank takeovers with those of cross-border lending by banks located overseas, which in most cases …
Persistent link: https://www.econbiz.de/10012462623
Banks are in the business of taking calculated risks. Expanding the geographic footprint of an organization's profit-making activities changes the geographic pattern of its exposure to loss in ways that are hard for regulators and supervisors to observe. This paper tests and confirms the...
Persistent link: https://www.econbiz.de/10012463202
The globalization of banking in the United States is influencing the monetary transmission mechanism both domestically and in foreign markets. Using quarterly information from all U.S. banks filing call reports between 1980 and 2005, we find evidence for the lending channel for monetary policy...
Persistent link: https://www.econbiz.de/10012464544