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Trade Liberalization Strategies; What Could South Eastern Europe Learn From Cefta and Bfta?

Adam, Antonis; McHugh, James; Kosma, Theodora - International Monetary Fund (IMF) - 2003

This paper explores the effectiveness of the Central European Free Trade Area (CEFTA) and the Baltic Free Trade Area (BFTA). Estimates from a gravity model and bilateral trade data support the view that both CEFTA and BFTA helped expand regional trade and limit the emergence of a "hub-and-spoke"...

Persistent link: https://www.econbiz.de/10005769035

Trade Liberalization and Wage Inequality; Evidence From India

Mishra, Prachi; Kumar, Utsav - International Monetary Fund (IMF) - 2005

-induced productivity increases at the firm level, which get passed on to industry wages. Since tariff reductions were proportionately …

Persistent link: https://www.econbiz.de/10005825907

Exchange Rates and Wages in an Integrated World

Spilimbergo, Antonio; Mishra, Prachi - International Monetary Fund (IMF) - 2009

We analyze how the pass-through from exchange rate to domestic wages depends on the degree of integration between … domestic wages to real exchange rate is 0.1 after a year for countries with high barriers to external labor mobility, but about …

Persistent link: https://www.econbiz.de/10005826292