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Gains from Trade: Implications for Labour Market Adjustment and Poverty Reduction in Africa

Fosu, Augustin Kwasi; Mold, Andrew - World Institute for Development Economic Research … - 2007

This paper reassesses the gains from trade for sub-Saharan Africa, and draws their implications for labour market … trade liberalization in many African economies, coupled with insufficient compensation through labour market adjustments in …

Persistent link: https://www.econbiz.de/10005001379

Assessing the Impact of One Aspect of Globalization on Economic Growth in Africa

Baliamoune, Mina N. - World Institute for Development Economic Research … - 2002

Persistent link: https://www.econbiz.de/10005031673

Rising Spatial Disparities and Development

Kanbur, Ravi; Venables, Anthony J. - World Institute for Development Economic Research … - 2005

such disparities are increasing, partly as a consequence of the uneven impact of trade openness and globalization. While …

Persistent link: https://www.econbiz.de/10005031790

Is Monetary Policy in an Open Economy Fundamentally Different?

Monacelli, Tommaso - C.E.P.R. Discussion Papers - 2012

Openness per se requires optimal monetary policy to deviate from the canonical closed-economy principle of domestic price stability, even if domestic prices are the only ones to be sticky. I review this argument using a simple partial equilibrium analysis in an economy that trades in final...

Persistent link: https://www.econbiz.de/10011083335

Competition, Globalization and the Decline of Inflation

Chen, Natalie; Imbs, Jean; Scott, Andrew - C.E.P.R. Discussion Papers - 2004

We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … bias of monetary policy. Our results suggest that increased trade could account for as much as a quarter of European …

Persistent link: https://www.econbiz.de/10005667140

Does External Trade Promote Financial Development?

Huang, Yongfu; Temple, Jonathan - C.E.P.R. Discussion Papers - 2005

Several recent papers have argued that trade and financial development may be linked, either for political economy … paper we use the cross-country and time-series variation in openness to study the relationship between trade and finance in …

Persistent link: https://www.econbiz.de/10005792141