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Terms of Trade, Exchange Rates and Labor Markets Adjustment in Developing Countries

Edwards, Sebastian - 1986

This paper uses three models of a small open economy to analyze the effects of terms of trade and exchange rate changes … factors model is developed and used to investigate how an exogenous worsening of the intern.ationa1 terms of trade affect …

Persistent link: https://www.econbiz.de/10012476959

On Uniform Import Tariffs in Developing Countries

Edwards, Sebastian - 1990

contemplated a trade liberalization process that would create a low and uniform tariff structure. In this paper I review the …

Persistent link: https://www.econbiz.de/10012475686

Structural Adjustment Policies in Highly Indebted Countries

Edwards, Sebastian - 1988

that for most nations the adjustment has been highly recessive. Next, the potential role of trade reforms in securing the …

Persistent link: https://www.econbiz.de/10012476564

Interpreting Developed Countries' Foreign Direct Investment

Lipsey, Robert E. - 2000

with comparative disadvantages in trade relative to the United States in machinery industries. In resource …-intensive industries, however, it moves to countries with comparative advantages in trade relative to the United States. The difference …

Persistent link: https://www.econbiz.de/10012470940

Internationalized Production in Developed and Developing Countries and in Industry Sectors

Lipsey, Robert E. - 1998

.S. foreign affiliates in developing countries of a broad service sector including trade and finance rose from 6% in 1977 to 18 …

Persistent link: https://www.econbiz.de/10012472403

Public Sector Deficits and Macroeconomic Stability in Developing Countries

Edwards, Sebastian - 1996

This paper analyzes Latin America's experience with fiscal adjustment during the last decade. The paper discusses in detail how some countries -- most notably Argentina, Chile and Mexico -- were successfully able to eliminate their fiscal deficits in a relatively short period of time. Their...

Persistent link: https://www.econbiz.de/10012473457

The Political Economy of Infaliton and Stabilization in Developing Countries

Edwards, Sebastian - 1993

This paper deals with political aspects of inflation and stabilization in developing countries. it is argued that by ignoring political considerations. traditional models failed to fully understand the dynamics of inflation. Several newer models are discussed. including models based on strategic...

Persistent link: https://www.econbiz.de/10012474639

What Explains Developing Country Growth?

Blomstrom, Magnus - 1992

Among developing countries, there was no gross relationship between real income per capita in 1960 and subsequent growth in per capita income. However, once other significant influences, such as education, changes in labor force participation rates, inflows of foreign investment, price...

Persistent link: https://www.econbiz.de/10012474838

Devaluation Controversies in the Developing Countries : Lessons From the Bretton Woods Era

Edwards, Sebastian - 1992

This paper uses historical data from the Bretton Woods era to analyze the effectiveness of devaluation-based adjustment programs in the developing countries. Forty eight major devaluations undertaken between 1954 and 1971 are investigated in detail in an effort to understand the circumstances...

Persistent link: https://www.econbiz.de/10012474932

Trade Orientation, Distortions and Growth in Developing Countries

Edwards, Sebastian - 1991

In this paper I use a cross country data set to analyze the relationship between trade orientation, trade distortions … small developing countries. According to this model countries that liberalize their international trade and become more open … size of some key parameters. using nine alternative indicators of trade orientation I find out that the data supports the …

Persistent link: https://www.econbiz.de/10012475291