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The Pitfalls of Protectionism: Import Substitution vs. Export-Oriented Industrial Policy
Cherif, Reda - 2024
contrast to import substitution. Exporting encouraged competition, economies of scale, innovation, and local integration and … provided market signals to policymakers. Even in a large market such as India, import substitution policies in the automotive …
Persistent link: https://www.econbiz.de/10015058581
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Global Rebalancing; Implications for Low-Income Countries
Yang, Yongzheng - International Monetary Fund (IMF) - 2011
. On the other hand, such prices increases could provide an impetus to export diversification in many LICs, raising growth …
Persistent link: https://www.econbiz.de/10009369449
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Pacific Island Countries; Possible Common Currency Arrangement
Orsmond, David William Harold; Browne, Christopher - International Monetary Fund (IMF) - 2006
This paper examines the potential advantages and disadvantages of adopting a common currency arrangement among the six IMF member Pacific island countries that have their own national currency. These countries are Fiji, Papua New Guinea, Samoa, Solomon Islands, Tonga, and Vanuatu. The study...
Persistent link: https://www.econbiz.de/10005826157
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The Implications of Trade Barriers for Sectoral Diversification and Macroeconomic Stability in Developing Economies
Srour, Gabriel - International Monetary Fund (IMF) - 2006
The paper examines the implications of lower trade barriers for sectoral diversification and macroeconomic stability in … macroeconomic stability. It shows also that diversification, in the form of equal distribution of resources between nonprimary …
Persistent link: https://www.econbiz.de/10005768953
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Determinants of the Choice of Exchange Rate Regimes in Six Central American Countries; An Empirical Analysis
Papaioannou, Michael G. - International Monetary Fund (IMF) - 2003
This paper examines whether decisions about the appropriate exchange rate regime in six Central American countries were based on longer-run economic fundamentals or on the confluence of historical and political circumstances. To uncover any actual relationship both across countries and across...
Persistent link: https://www.econbiz.de/10005769047
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Constraints on Trade in the MENA region
Wolde, Hirut; Bhattacharya, Rina - International Monetary Fund (IMF) - 2010
In this paper we estimate gravity models to see whether trade volumes of countries in the MENA region are significantly lower than what would be expected given their economic, cultural and geographical characteristics. Our empirical results show that the variables used in standard gravity models...
Persistent link: https://www.econbiz.de/10008519501
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Implications of Trade Barriers for Sectoral Diversification and Macroeconomic Stability in Developing Economies.
Srour, Gabriel - 2006
DIVERSIFICATION -- V. RIGID WAGES -- VI. CONCLUSION -- APPENDIX: THE MODEL -- REFERENCES. …
Persistent link: https://www.econbiz.de/10012691138
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Geoeconomic Fragmentation and International Diversification Benefits
Okuda, Tatsushi - 2024
quantify the loss of international diversification benefits for major advanced economies, which have a significant presence in … imply a potentially significant loss of international diversification benefits of financial openness for the considered …
Persistent link: https://www.econbiz.de/10015058604
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A Conceptual Policy Framework for Leveraging Digitalization to Support Diversification in Sub-Saharan Africa
Diouf, Mame Astou - 2024
, despite its established economic benefits, several challenges have precluded diversification in SSA. Against this backdrop … digitalization is a promising avenue to overcome barriers to diversification. Fast-paced advances in the diffusion of digital … new and unprecedented ways. Therefore, digitalization has the potential to promote diversification and growth in SSA by …
Persistent link: https://www.econbiz.de/10015080303
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The Impact of Research and Development Tax Incentives on Colombia's Manufacturing Sector
Mercer-Blackman, Valerie - 2008
-2002 Survey of Manufacturers database in Colombia to analyze this question. We estimate the effect of the R&D tax deduction … instituted in Colombia using Zellner's Seemingly Unrelated Regressions method, and find that the elasticity of demand of R …&D investment in manufacturing is quite high in Colombia compared to other countries, particularly for smalle …
Persistent link: https://www.econbiz.de/10012677634