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Does openness to trade make countries more vulnerable to sudden stops, or less? : using gravity to establish causality

Frankel, Jeffrey A.; Cavallo, Eduardo A. - 2004

Persistent link: https://www.econbiz.de/10002496787

Open regionalism in a world of continental trade blocs

Wei, Shang-jin; Frankel, Jeffrey A. - 1995

Persistent link: https://www.econbiz.de/10000922694

Open Regionalism in a World of Continental Trade Blocs

Wei, Shang-Jin; Frankel, Jeffrey A. - 2021

Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to … reduction of trade barriers against non-member countries. That may not be politically feasible. On the other hand, in a world of …

Persistent link: https://www.econbiz.de/10013225933

Does Openness to Trade Make Countries More Vulnerable to Sudden Stops, or Less? Using Gravity to Establish Causality

Frankel, Jeffrey A.; Cavallo, Eduardo A. - 2021

Openness to trade is one factor that has been identified as determining whether a country is prone to sudden stops in capital inflow, currency crashes, or severe recessions. Some believe that openness raises vulnerability to foreign shocks, while others believe that it makes adjustment to crises...

Persistent link: https://www.econbiz.de/10013311905