Showing 1 - 10 of 1,075
This paper reviews the economics of trade policy in financial services, highlighting differences between trade across borders and through commercial presence. Trade liberalization could complement other financial reforms by enhancing the efficiency, quality, and variety of financial services and...
Persistent link: https://www.econbiz.de/10014399959
The paper reviews Sub-Saharan Africa’s (SSA) (i) own market access commitments in the Uruguay Round, and (ii) the nature of the constraints on SSA policies set by the Uruguay Round. It concludes that SSA failed to use the Uruguay Round to lock domestic reforms to an international anchor. Apart...
Persistent link: https://www.econbiz.de/10014396474
This paper attempts to assess the incremental external financing requirements occasioned by changes in world food …
Persistent link: https://www.econbiz.de/10014395317
This paper furnishes robust evidence that the GATT/WTO has had a powerful and positive impact on trade. The impact has …, however, been uneven. GATT/WTO membership for industrial countries has been associated with a large increase in imports … estimated at about 40 percent of world trade. The same has not been true for developing country members, although those that …
Persistent link: https://www.econbiz.de/10014403886
paper argues that, in violation of the spirit of the WTO Agreement in Agriculture, the special agricultural safeguards have …
Persistent link: https://www.econbiz.de/10014400731
The paper explores empirically the links between the WTO-driven liberalization of trade in financial services and the …
Persistent link: https://www.econbiz.de/10014399570
Global trade growth has slowed since 2012 relative both to its strong historical performance and to overall economic growth. This paper aims to quantify the role of weak economic growth and changes in its decomposition in accounting for the slowdown in trade using a reduced form and a structural...
Persistent link: https://www.econbiz.de/10011763603
This paper studies the implications of the Uruguay Round for Kenya’s own trade regime and its external trading environment. The analysis indicates that Kenya did not undertake significant liberalization commitments under the Uruguay Round. There are however, several effects on Kenya’s...
Persistent link: https://www.econbiz.de/10014396154
The paper explores the relationship between trade policy and current accounts. The effect on the current account of a change in protection at home and then abroad is analyzed, assuming that the exchange rate floats. The “savings-and-investment approach” is used. It shows that there is no...
Persistent link: https://www.econbiz.de/10014396105
This paper studies the relationship between trade policy and food prices. We show that, when individuals are loss averse, governments may use trade policy to shield the domestic economy from large food price shocks. This creates a complementarity between the price of food in international...
Persistent link: https://www.econbiz.de/10014411694