Showing 1 - 10 of 257
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 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
This paper considers the effects of trade policy-tariffs and quotas-when importing is done by competitive traders who are identical ex ante but differ ex post. We show that the standard equivalence results no longer hold and the conventional ranking of tariffs and quotas is turned on its head:...
Persistent link: https://www.econbiz.de/10014399634
This paper provides an overview of trade reform in the West African Economic and Monetary Union (WAEMU) since 1996 and a quantitative assessment of potential effects on trade patterns and tariff revenue of the current reform agenda. Despite evidence of significant trade complementarities within...
Persistent link: https://www.econbiz.de/10014403054
This paper provides a framework for understanding trade patterns in the Mashreq. An augmented gravity model is used to compare actual with expected levels of trade. Trade barriers, political uncertainty, and over-appreciation of domestic currencies seem to explain low levels of international...
Persistent link: https://www.econbiz.de/10014403536
This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution for a given growth rate. Evidence from a variety of...
Persistent link: https://www.econbiz.de/10014404018
We test the extent to which growth in the 11 CIS countries (excluding Russia) was associated with developments in … Russia, overall, as well as through the trade, financial and remittance channels over the last decade or so. The results … point to the continued existence of economic links between the CIS countries and Russia, though these links may have altered …
Persistent link: https://www.econbiz.de/10014402216
This paper assesses the effect of constrained trade finance on trade flows in countries undergoing financial and balance of payments crises. Most of the countries that had a major crisis had a significant trade contraction, while trade-related finance declined sharply. However, trade may also be...
Persistent link: https://www.econbiz.de/10014404046
With China''s accession to the WTO in 2001, Russia is by far that organization''s most prominent nonmember. This paper … applies the gravity model to gauge whether this ""outsider"" status has been affecting Russia''s export structure. On the … the model''s predictions. The paper discusses possible explanations of this result, including Russia''s exclusion from …
Persistent link: https://www.econbiz.de/10014404162
This paper reviews the extent to which the Fund’s trade policy advice to the Baltic countries, Russia and other …
Persistent link: https://www.econbiz.de/10014396086