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International Policy Coordination : The Long View
Eichengreen, Barry - 2011
This paper places current efforts at international economic policy coordination in historical perspective. It argues that successful cooperation is most likely in four sets of circumstances. First, when it centers on technical issues. Second, when cooperation is institutionalized - when...
Persistent link: https://www.econbiz.de/10012460992
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Non-Economic Engagement and International Exchange : The Case of Environmental Treaties
Rose, Andrew K. - 2008
We examine the role of non-economic partnerships in promoting international economic exchange. Since far-sighted countries are more willing to join costly international partnerships such as environmental treaties, environmental engagement tends to encourage international lending. Countries with...
Persistent link: https://www.econbiz.de/10012464658
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Contagion and Trade : Why Are Currency Crises Regional?
Glick, Reuven - 1998
Currency crises tend to be regional; they affect countries in geographic proximity. This suggests that patterns of international trade are important in understanding how currency crises spread, above and beyond any macroeconomic phenomena. We provide empirical support for this hypothesis. Using...
Persistent link: https://www.econbiz.de/10012472007
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The Role of History in Bilateral Trade Flows
Eichengreen, Barry - 1996
This paper investigates the theory and evidence that history plays a role in shaping the direction of international trade. Because there are reasons to anticipate a positive correlation between the predominant direction of trade flows in the past and membership in preferential arrangements in...
Persistent link: https://www.econbiz.de/10012473283
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The Dollar in an Era of International Retrenchment
Chahrour, Ryan; Valchev, Rosen - National Bureau of Economic Research - 2023
Recent trends suggest the world economy may be tending towards an equilibrium with two distinct trading blocs, each …
Persistent link: https://www.econbiz.de/10014322792
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Bilateral Trade as a Development Instrument Under Global Trade Restrictions
Nashashibi, Karim - 1974
In their striving toward development, a number of less developed countries have espoused bilateral trade as yet another policy instrument allowing them to increase their acquisition of foreign resources. This has been particularly true of the trade of India, Pakistan, and Egypt, on which some...
Persistent link: https://www.econbiz.de/10012479072
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Might Global Uncertainty Promote International Trade?
Baley, Isaac - 2019
Common wisdom dictates that uncertainty impedes trade--we show that uncertainty can fuel more trade in a simple general equilibrium trade model with information frictions. In equilibrium, increases in uncertainty increase both the mean and the variance in returns to exporting implying that trade...
Persistent link: https://www.econbiz.de/10012479559
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Globalization and Global Crises : Rest of the World vs. Israel
Razin, Asaf - National Bureau of Economic Research - 2021
. The paper provides an overview of the new globalization trends in the world and in Israel, with emphasis on the role of …Post WWII globalization forces are facing headwinds in the form of global crises-the "The Great Recession" and the "The … Pandemic Recession". Israel's trade and financial globalization, however, is steadily rising. The pandemic-induced slump in …
Persistent link: https://www.econbiz.de/10012482557
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Specialization : Pro- and Anti-globalizing, 1990-2002
Anderson, James E. - 2010
bit more than half the world's countries experience declining CHB and rising TFP. The effects are big for the outliers. A …
Persistent link: https://www.econbiz.de/10012462358
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Which Parts of Globalization Matter for Catch-up Growth?
Romer, Paul M. - 2010
Economists devote too much attention to international flows of goods and services and not enough to international flows of ideas. Traditional trade flows are an imperfect substitute for flows of the underlying ideas. The simplest textbook trade model shows that a welfare-enhancing move toward...
Persistent link: https://www.econbiz.de/10012462900