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Implications of the Uruguay Round for Kenya
Chandha, Rupa - 1996
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
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Competition in the Financial Sector : Overview of Competition Policies
Claessens, Stijn - 2009
As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests …, however, that unfettered competition is not first best given the special features of finance. I review these analytics and … describe how to assess the degree of competition in markets for financial services. Existing research shows that the degree of …
Persistent link: https://www.econbiz.de/10014404300
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The slowdown in global trade : a symptom of a weak recovery
Aslam, Aqib; Boz, Emine; Cerutti, Eugenio M.; … - 2017
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
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The Uruguay Round and Net Food Importers
Eiteljörge, Uwe - 1995
This paper attempts to assess the incremental external financing requirements occasioned by changes in world food …
Persistent link: https://www.econbiz.de/10014395317
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Trade Policy and Macroeconomic Balance in the World Economy
International Monetary Fund - 1988
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
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The Burden of Sub-Saharan African Own Commitments in the Uruguay Round : Myth or Reality?
Sorsa, Piritta - 1995
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
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Trade Policy in Financial Services
McDonald, Bradley J. - 2000
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
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Food Prices and the Multiplier Effect of Trade Policy
Giordani, Paolo - 2014
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
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Global declining competition
Díez, Federico J.; Fan, Jiayue; Villegas-Sánchez, Carolina - 2019
power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm …
Persistent link: https://www.econbiz.de/10012019850
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How do regulations of entry and credit access relate to industry competition? : international evidence
Igan, Deniz; Mirzaei, Ali; Moore, Tomoe - 2018
We examine the extent to which regulations of entry and credit access are related to competition using data on 28 … competition, as proxied by the price-cost margin, in the industries with a naturally high entry rate. Rigid entry regulations are … exerting a positive effect on competition. These results suggest that incumbent firms are likely to enjoy the rent and market …
Persistent link: https://www.econbiz.de/10011848240