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exchange rate volatility, and (b) trade and financial openness may have a potential role of mitigating and/or amplifying real … openness to exacerbate or mitigate real exchange rate volatility. The authors collected information on the real effective …) High real exchange rate volatility is the result of highly volatile productivity shocks, and sharp oscillations in monetary …
Persistent link: https://www.econbiz.de/10011394190
"Product standards can have a dual impact on production and trade costs. Standards may impose additional costs on exporters as it may be necessary to adapt products for specific markets (cost-effect). In contrast, standards can reduce exporters' information costs if they convey information on...
Persistent link: https://www.econbiz.de/10011394210
"This paper examines the effect of regionalism on unilateral trade liberalization using industry-level data on applied most-favored nation tariffs and bilateral preferences for ten Latin American countries from 1990 to 2001. The findings show that preferential tariff reduction in a given sector...
Persistent link: https://www.econbiz.de/10010521008
"Regional agreements on standards have been largely ignored by economists and unconditionally blessed by multilateral trade rules. Chen and Mattoo find, theoretically and empirically, that such agreements increase trade between participating countries but not necessarily with the rest of the...
Persistent link: https://www.econbiz.de/10010522877
Persistent link: https://www.econbiz.de/10010523022
"Over the past decade the United States has experienced widening current account deficits and a steady deterioration of its net foreign asset position. During the second half of the 1990s, this deterioration was fueled by foreign investment in a booming U.S. stock market. During the first half...
Persistent link: https://www.econbiz.de/10010522528
Persistent link: https://www.econbiz.de/10000000126
Persistent link: https://www.econbiz.de/10000663828
"The apparently inexorable rise in the proportion of "missing girls" in much of East and South Asia has attracted much … ratios were the highest in Asia but peaked in the mid-1990s and normalized thereafter. Using census data, we examine whether …" phenomenon could be addressed in Asia. "--World Bank web site …
Persistent link: https://www.econbiz.de/10011394140
(China)--and the recent reforms to them provide many potentially valuable lessons to East Asia's developing countries. All …
Persistent link: https://www.econbiz.de/10010522410