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"The authors study how the effect of trade openness on economic growth depends on complementary reforms that help a country take advantage of international competition. This issue is illustrated with a simple Harris-Todaro model where output gains after trade liberalization depend on the degree...
Persistent link: https://www.econbiz.de/10010522437
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"A well developed financial system enhances competition in the industrial sector by allowing easier entry. The impact varies across industries, however. For some, small changes in financial development quickly induce entry and dissipate incumbents' rents, generating strong incentives to oppose...
Persistent link: https://www.econbiz.de/10010522682
This policy note is based on a project on financial services and trade agreements in the Latin America and Caribbean Region. It emphasizes that the liberalization of trade in financial services is helpful to, but is not a panacea for, domestic financial system modernization. It adds that the...
Persistent link: https://www.econbiz.de/10012553019
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Use of Long-Term Finance: Evidence from Debt Recovery Tribunals in India -- 2.5 The Impact of Credit Information Sharing …
Persistent link: https://www.econbiz.de/10013041682
India has embarked on a substantial program of decentralization following the 73rd and 74th Amendment Acts to the …-district (block), and village and urban local levels. The World Bank's India program is interested in these developments and is … considering how it should support the Government of India (GoI) objectives in these governance reforms. A wide range of support …
Persistent link: https://www.econbiz.de/10012557312
"This paper uses a case study approach to explore the effects of NAFTA and GATT membership on innovation and trade in the Mexican soaps, detergents, and surfactants (SDS) industry. Several basic findings emerge. First, the most fundamental effect of the NAFTA and the GATT on the SDS industry was...
Persistent link: https://www.econbiz.de/10010522063
"Vietnam's integration with the international economy has increased significantly over the past decade, aided by substantial liberalization of trade, and appears set to increase further as trade-expanding measures take full effect. This dramatic shift in Vietnam's trading patterns has important...
Persistent link: https://www.econbiz.de/10010522181