Showing 1 - 10 of 639
Madagascar plans to start phasing out its customs tariffs on imports from the Southern African Development Community in 2007. This paper uses a CGE model to evaluate the impact of the SADC FTA on Madagascar economy. The results suggest that the SADC FTA would only have a limited impact on...
Persistent link: https://www.econbiz.de/10014400346
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did … (WTO), many of its trading partners are increasingly concerned that China’s competition in the world goods and capital … markets may adversely affect their own growth prospects. This paper examines the implications of China’s WTO accession for …
Persistent link: https://www.econbiz.de/10014403900
The analysis of China's impacts on the 44 SSA countries reveals that: (i) after joining the WTO in 2001, China has … started to impact significantly on SSA growth: one-percent increase in China's GDP per capita leads to 0.02 percent increase … on the SSA's GDP per capita; (ii) oil and investment-goods exporters benefit more from China's growth; (iii) compared to …
Persistent link: https://www.econbiz.de/10011781254
This paper studies whether FDI firms employ more workers than domestic firms for each dollar of assets. Using the Orbis database and its ownership structure information, we show that, in most economies, domestic firms tend to employ more workers per asset than FDI firms. The result remains...
Persistent link: https://www.econbiz.de/10012251327
This paper reviews the theoretical literature on the question of how long-term international capital movements depend on the international distribution of technology. It focuses on long-term investment flows, as these are more affected by international differences in technologies than short-term...
Persistent link: https://www.econbiz.de/10014401018
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395947
We estimate a gravity model to address the question of whether Africa’s bilateral trade with industrial countries is … African country tends to “overtrade” compared with developing countries in other regions, although the degree to which Africa …
Persistent link: https://www.econbiz.de/10014400668
The local sourcing of intermediate products is one the main channels for foreign direct investment (FDI) spillovers. This paper investigates whether and how participation and positioning in the global value chains (GVCs) of host countries is associated to local sourcing by foreign investors....
Persistent link: https://www.econbiz.de/10012112331
This paper reviews the experiences of a few countries in Sub-Saharan Africa that have succeeded in attracting fairly … countries in Africa have achieved in attracting a substantial volume of FDI. Strong leadership, which has helped promote … Africa …
Persistent link: https://www.econbiz.de/10014401807
We focus on the management of highly persistent shocks to aid flows, including PRSP-related increases in net inflows, in three “post-stabilization.” African economies with de jure flexible exchange rates. Such shocks have beneficent long-run effects, but when currency substitution is high...
Persistent link: https://www.econbiz.de/10014402006