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The modalities of negotiation on market access for agricultural and non-agricultural products are an important item of the Doha Development Agenda. The dispersion of tariffs remains very large, translating into sizeable economic distortions. In particular, tariff peaks are numerous and highly...
Persistent link: https://www.econbiz.de/10010706626
This paper highlights the role of capital outflows in creating periods of turbulence by forcing emerging economies to raise massive funds abroad. First, we present stylised facts related to the capital outflows from the emerging economies. Then, we carry out a breakdown of the balance of...
Persistent link: https://www.econbiz.de/10010799296
Persistent link: https://www.econbiz.de/10010861553
The liberalization of electricity and gas markets clashes against the French economic culture that relies on the state … EU directives. Nevertheless, the liberalization has had the beneficial effect of shaking the rents, the institutional … organization and has called into question the traditional concept of "service public". Looking ahead, however, the liberalization …
Persistent link: https://www.econbiz.de/10010706875
Vietnam has been following China’s path closely and very successfully for the last two decades, since the adoption of ‘Doi moi’ in 1986. Over those last two decades, economic growth rates in both countries have been the highest worldwide (with GDP growing by 8 per cent and 10 per cent per...
Persistent link: https://www.econbiz.de/10010861468
We build a simple model of self-selection into migration and immigration policy determination. We first show that the effect of any immigration policy can be decomposed into a size and a composition effect. We then explore how the optimal policy may change once the latter effect is considered.
Persistent link: https://www.econbiz.de/10010707636
Using equilibrium exchange rate models (PPP, BEER and FEER), many authors have concluded that the renminbi is undervalued by 15 to 30% against the dollar, but they implicitly assume that the economy is at full-employment, a debatable hypothesis for developing economies such as China, whose...
Persistent link: https://www.econbiz.de/10010707907
This paper is dedicated to a theoretical and empirical survey of the relationship between trade, growth, poverty and inequality in developing countries. This relationship has been widely discussed by economists during the last few years. The first part presents the main stylised facts concerning...
Persistent link: https://www.econbiz.de/10010708037
Through the concept of “franchised city”, Mangin (2004) shows that cities are developed through projects of private companies that sectorize peri-urban areas, which give a special shape and functioning to cities. This macro perspective of the development of cities is the result of process...
Persistent link: https://www.econbiz.de/10011071876
The alleged undervaluation of the renminbi has been the subject of intensive academic research over the past few years. Using equilibrium exchange rate models many authors have concluded that the renminbi is undervalued by 15 to 30% against the US dollar. Yet China has been experiencing strong...
Persistent link: https://www.econbiz.de/10011166336