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Integration of Eastern Europe Into the World Trading System

Junz, Helen B. - 1991

The sheer size of mandated trade among members of the Council for Mutual Economic Assistance (CMEA), and its composition and quality, means that its reorientation toward other markets entails a whole complex of structural adjustment policies. To be successful, policy reform must be...

Persistent link: https://www.econbiz.de/10014396289

Why was Asia resilient? : lessons from the past and for the future

Jeasakul, Phakawa; Lim, Cheng Hoon; Lundbäck, Erik Jerker - 2014

Persistent link: https://www.econbiz.de/10010359854

The transmission of external shocks in Asia : country characteristics and policy responses

Deb, Pragyan; Nadeem, Sanaa; Peiris, Shanaka Jayanath - 2021

Persistent link: https://www.econbiz.de/10012487199

Offshore currency markets : non-deliverable forwards (NDFs) in Asia

Schmittmann, Jochen Markus; Teng, Chua Han - 2020

evidence of NDFs leading onshore markets for a few currencies. Policy approaches to NDFs vary widely across Asia from close …

Persistent link: https://www.econbiz.de/10012301975

Currency and Banking Crises : The Early Warnings of Distress

Kaminsky, Graciela Laura - 1999

The abruptness and virulence of the 1997 Asian crises have led many to claim that these crises are of a new breed and were thus unforecastable. This paper examines 102 financial crises in 20 countries and concludes that the Asian crises are not of a new variety. Overall, the 1997 Asian crises,...

Persistent link: https://www.econbiz.de/10014400095

Why Was Asia Resilient? : Lessons from the Past and for the Future

Jeasakul, Phakawa - 2014

Asia proved to be remarkably resilient in the face of the global financial crisis, but why was its output performance … vulnerabilities—contributed significantly to Asia’s resilience. Key pre-crisis factors included moderate credit expansion, reliance on … financial crisis. Looking ahead, Asia is in the process of adjusting to more volatile external conditions and higher risk …

Persistent link: https://www.econbiz.de/10014411153

Regionalization vs. globalization

Hirata, Hideaki; Kose, M. Ayhan; Otrok, Christopher M. - 2013

Abstract: Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution of global and regional business cycles. Our model allows us to assess the roles...

Persistent link: https://www.econbiz.de/10009707567

Are bilateral trade balances irrelevant?

Eugster, Johannes L.; Jaumotte, Florence; MacDonald, Margaux - 2020

Based on an empirical gravity model of sectoral bilateral trade, we uncover three features of bilateral trade balances. First, the difficulty of gravity models in fitting the observed level of bilateral balances is likely due to the presence of unobservable bilateral trade costs. Second, the...

Persistent link: https://www.econbiz.de/10012391997

Trade wars and trade deals : estimated effects using a multi-sector model

Caceres, Carlos; Cerdeiro, Diego A.; Mano, Rui C. - 2019

This paper studies the potential long-term effects of three illustrative scenarios using a multi-sector computable general equilibrium (CGE) trade model calibrated to 165 countries. The first scenario estimates effects from potential U.S. auto tariffs. The second analyzes a 'transactional deal'...

Persistent link: https://www.econbiz.de/10012102091

Global value chains : what are the benefits and why do countries participate?

Ignatenko, Anna; Raei, Faezeh; Mircheva, Borislava - 2019

Over the last two decades, world trade and production have become increasingly organized around global value chains (GVC). Recent theoretical work has shown that countries can benefit from participation in GVCs through multiple channels. However, little is known empirically about the economic...

Persistent link: https://www.econbiz.de/10012001583