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The WTO : Theory and Practice
Bagwell, Kyle - 2010
We consider the purpose and design of the World Trade Organization (WTO) and its predecessor, GATT. We review recent …
Persistent link: https://www.econbiz.de/10013150443
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The Role of International Organizations in the Bretton Woods System
Dominguez, Kathryn M.E - 2021
This paper examines the roles played by organizations in maintaining the Bretton Woods System. Theory indicates that even if countries understand that cooperation will lead them to a Pareto superior outcome, they need not cooperate unless they are convinced that other countries are also...
Persistent link: https://www.econbiz.de/10013232739
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On Latin American Populism, and its Echoes Around the World
Edwards, Sebastian - 2019
In this paper I discuss the ways in which populist experiments have evolved historically. Populists are charismatic leaders that use a fiery rhetoric to pitch the interests of “the people” against those of banks, large firms, multinational companies, the IMF, and immigrants. Populists...
Persistent link: https://www.econbiz.de/10012861664
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Lending Booms : Latin America and the World
Gourinchas, Pierre-Olivier; Valdés, Rodrigo O.; … - 2022
the balance of payments. Comparing Latin America and the rest of the world, we find that Latin America lending booms make …
Persistent link: https://www.econbiz.de/10013308343
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International Organizations and Structural Reforms
Galiani, Sebastian - 2015
Different countries have been following different reform paths since the early 1990s. We develop a simple dynamic model of policy reform that captures some of the determinants that underlie these differences. The model emphasizes the interaction between domestic institutions and international...
Persistent link: https://www.econbiz.de/10013021479
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Self Enforcing Voting in International Organizations
Maggi, Giovanni; Morelli, Massimo - 2021
Some international organizations are governed by unanimity rule, some others by a majority system. Still others have moved from one system to the other over time. The existing voting models, which generally assume that decisions made by voting are perfectly enforceable, have a difficult time...
Persistent link: https://www.econbiz.de/10013216876
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Government Distortion in Independently Owned Media : Evidence from U.S. Cold War News Coverage of Human Rights
Qian, Nancy - 2010
This paper investigates the extent to which strategic objectives of the U.S. government influenced news coverage during the Cold War. We establish two relationships: 1) strategic objectives of the U.S. government cause the State Department to under-report human rights violations of strategic...
Persistent link: https://www.econbiz.de/10013147999
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What Hinders Investment in the Aftermath of Financial Crises : Insolvent Firms or Illiquid Banks?
Kalemli-Ozcan, Sebnem - 2010
We quantify the effects of lending and balance sheet channels on corporate investment during large crises in emerging markets. The depreciated currency creates investment opportunities in the tradable sector but firms might be financially constrained due to: 1) a deterioration of their balance...
Persistent link: https://www.econbiz.de/10013135885
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A Comparison of Monetary Anchor Options, Including Product Price Targeting, for Commodity-Exporters in Latin America
Frankel, Jeffrey A. - 2010
context is countries in Latin America and the Caribbean (LAC), which tend to be price takers on world markets, to produce … tradable goods than does a CPI target. CPI-targeters such as Brazil, Chile, and Peru respond to increases in world prices of … Price targeter or PEP country would respond to increases in world prices of its commodity exports by appreciation, a …
Persistent link: https://www.econbiz.de/10013138116
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Adjustment Patterns to Commodity Terms of Trade Shocks : The Role of Exchange Rate and International Reserves Policies
Aizenman, Joshua - 2011
We analyze the way in which Latin American countries have adjusted to commodity terms of trade (CTOT) shocks in the 1970-2007 period. Specifically, we investigate the degree to which the active management of international reserves and exchange rates impacted the transmission of international...
Persistent link: https://www.econbiz.de/10013117207