Narrow search
Showing 1 - 10 of 440
Cover Image
Transitional Arrangements for Trade and Payments Among the CMEA Countries
International Monetary Fund - 1990
Trade among the CMEA countries will soon be conducted at world prices and in convertible currencies. These are crucial steps in economic reform but will worsen Eastern Europe’s terms of trade and drive it into current account deficit with the USSR. Proposals have been made for a payments...
Persistent link: https://www.econbiz.de/10014395796
Cover Image
Russia and the WTO : The ""Gravity"" of Outsider Status
Lissovolik, Yaroslav - 2004
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
Cover Image
How Russia Affects the Neighborhood : Trade, Financial, and Remittance Channels
Espinosa-Bowen, Jaime - 2009
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
Cover Image
Trade Finance and Trade Flows : Panel Data Evidence From 10 Crises
Ronci, Márcio Valério - 2004
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
Cover Image
Globalization and Catching-Up : From Recession to Growth in Transition Economies
Kolodko, Gregorz W. - 2000
The transitional recession in countries of Eastern Europe and the Former Soviet Union has lasted much longer than expected. The legacy of the past and recent policy mistakes have both contributed to the slow progress. As structural reforms and gradual institution building have taken hold, the...
Persistent link: https://www.econbiz.de/10014399834
Cover Image
Friend or foe? : cross-border linkages, contagious banking crises, and “coordinated” macroprudential policies
Seung Mo Choi; Kodres, Laura E.; Lu, Jing - 2018
This paper examines whether the coordinated use of macroprudential policies can help lessen the incidence of banking crises. It is well-known that rapid domestic credit growth and house price growth positively influence the chances of a banking crisis. As well, a crisis in other countries with...
Persistent link: https://www.econbiz.de/10011799335
Cover Image
Apocalypse then : The Evolution of the North Atlantic Economy and the Global Crisis
Bui, Trung - 2011
The financial crisis, originated from the collapse of US housing markets in 2008, reverberates around the world. Its destructive force was felt nowhere more keenly than Western Europe. Indeed, it continues to mire in financial volatility as the debt problem contagiously spreads around the...
Persistent link: https://www.econbiz.de/10014398383
Cover Image
Trade linkages and international business cycle comovement : evidence from Korean industry data
Lee, Dongyeol - 2019
Through the 2000s, Korea's export and import linkages to advanced and emerging markets increased significantly. At the same time, the correlation of output growth between Korea and these economies rose. This paper investigates the nature of the link between trade linkages and the comovement of...
Persistent link: https://www.econbiz.de/10012022016
Cover Image
Stylized Factson Bilateral Trade and Currency Unions : Implications for Africa
Hulej, Michal - 2006
This paper explores and quantifies several aspects of the performance of currency unions using an augmented version of the gravity model and focusing on two samples, the world and Africa. Our empirical findings suggest that, in principle, membership in a currency union should benefit Africa as...
Persistent link: https://www.econbiz.de/10014400074
Cover Image
China'S Integration Into the World Economy : Implications for Developing Countries
Yang, Yongzheng - 2003
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization (WTO), many of its trading partners are increasingly...
Persistent link: https://www.econbiz.de/10014403900