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"Oil and mineral revenues raise national savings and hence facilitate investment, capital accumulation, and sustained growth; thus, there are benefits of owning large natural resources. There can be a significant spillover effect from the oil sector to the non-oil sector particularly if...
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cotton and polyester prices, well above the co-movement observed between these two prices and prices of other primary … commodities. b) Crude oil prices have a stronger effect on polyester prices compared with cotton prices. c) Price shocks … originating in the polyester market are transmitted at much higher speed to the cotton market than vice-versa. "--World Bank web …
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imports forces firms to improve the quality of their products. The econometric analysis relies on a rich dataset of Chilean … manufacturing plants and their products. Product quality is measured with unit values (average prices) and industry-level transport …
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"The records of traditional safeguard provisions of the General Agreement on Tariffs and Trade and the World Trade Organization provides useful information about how a special agricultural safeguard might be made effective. The success of existing safeguard or flexibility provisions to sustain...
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, and developing countries do engage in productive, and rewarding market activity, for income from market participation is … promotion accompany market transactions. Hence, building institutions that support the development of markets is the primary … market players connected through open information, and trade; and, the promotion of competition among jurisdictions, firms …
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There are an estimated 1.2 billion regular smokers in the world today, approximately one third of the global population over the age of 15, and the numbers are rising (World Health Organization 2002). Studies show that many smokers still do not know that tobacco causes disease and premature...
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