crisis revolve around two main factors: deteriorating export performance or demand driven booms. We add that there were … important movements in transfers and net income balances. While export performance remained relatively stable in most countries …

, imports, and per capita GDP growth to a “global” aid shock. We find that a global aid shock can affect exports, imports, and … ambiguous results in the existing literature. For most countries in the sample, when aid reduces exports and imports, it also … reduces growth; and, when aid increases exports and imports, it also increases growth. This evidence is consistent with a DD …

would also facilitate a reduction in inflation, which would moderate gold imports and favorably impact real exchange rate …

taxation of imports has changed. This paper quantifies how the reform changes the protection against imports and the fiscal … revenues from taxation of imports. It shows that, even if the reform has only a limited impact on the average rate of … already high rate of taxation of imports, it will also boost revenue from taxes on imports and reduce the fiscal l …