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threatened Turkey and Argentina (2000 and 2001) and most recently Brazil (again). This article discusses the reform of the …
Persistent link: https://www.econbiz.de/10012469410
I examine the hypothesis that membership in the World Trade Organization (WTO) and its predecessor the General …
Persistent link: https://www.econbiz.de/10012468487
This paper uses 68 measures of trade policy and trade liberalization to ask if membership in theWorld Trade Organization (WTO) and its predecessor the General Agreement on Tariffs and Trade (GATT) is associated with more liberal trade policy. Almost no measures of trade policy are significantly...
Persistent link: https://www.econbiz.de/10012469358
Contrary to the recent literature that concludes that the GATT/WTO has been completely ineffective in promoting world … imports estimated at about 44 percent of world trade. The same has not been true for developing country members, although …
Persistent link: https://www.econbiz.de/10012468674
We describe recent work on the theory of trade agreements that speaks to the purpose and design of GATT. Our discussion proceeds in three steps. First, we examine the purpose of a trade agreement. In both the traditional economic and the political-economy approaches to the study of trade...
Persistent link: https://www.econbiz.de/10012470726
On their fiftieth anniversary, the International Monetary Fund and the World Bank were" extensively reviewed, both to …" evaluates and assesses some of the criticisms and proposals for reform of the two institutions." …
Persistent link: https://www.econbiz.de/10012472488
This paper empirically examines recently declassified data from the GATT/WTO on tariff bargaining. We document eight stylized facts about these interconnected high-stakes international negotiations. We use detailed product-level offer and counteroffer data to examine several questions about...
Persistent link: https://www.econbiz.de/10012457180
Persistent link: https://www.econbiz.de/10000109009
organize: World War I, Bretton Woods, 1970s Great Inflation and Managed Floating. Each turning point was characterized by …
Persistent link: https://www.econbiz.de/10012599404
imbalances in the world economy, then a drastic reform of the international monetary system (if one is needed) might better wait …This paper addresses the question of reform of the international monetary system. It starts by identifying the sources … that a reform of the monetary system without a fundamental change in macroeconomic policies may be harmful. The analysis …
Persistent link: https://www.econbiz.de/10012476906