Showing 1 - 8 of 8
The insurance sector can play a critical role in financial and economic development. By reducing uncertainty and the impact of large losses, the sector can encourage new investments, innovation, and competition. As financial intermediaries with long investment horizons, insurance companies can...
Persistent link: https://www.econbiz.de/10012551071
For individual countries, variable trade barriers can be used to reduce the volatility of domestic relative to world … prices. If this is done by countries accounting for a large share of the market, its effect is offset by increases in world … classifying themselves at the World Trade Organization as developing account for only 3 percent of world rice consumption. But it …
Persistent link: https://www.econbiz.de/10012551141
This paper analyzes the bright and dark sides of the financial development process through the lenses of the four fundamental frictions to which agents are exposed -- information asymmetry, enforcement, collective action, and collective cognition. Financial development is shaped by the efforts...
Persistent link: https://www.econbiz.de/10012551352
Trade negotiators and policy advisors are keen to know the relative contribution of different farm policy instruments to international trade and economic welfare. Nominal rates of assistance or producer support estimates are incomplete indicators, especially when (especially in developing...
Persistent link: https://www.econbiz.de/10012551563
-- the opposite of what is usually thought of when considering inter-sector trade retaliation. Phasing down World Trade … to raise their import restrictions when international prices slump. To date there is no parallel discipline in the World … through new World Trade Organization rules could help alleviate the extent to which government responses to exogenous price …
Persistent link: https://www.econbiz.de/10012551727
Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional …
Persistent link: https://www.econbiz.de/10012551792
For decades the world's agricultural markets have been highly distorted by national government policies, but very … restrictiveness indexes. It then exploits a global agricultural distortions database recently compiled by the World Bank to generate … a sample of 75 countries that together account for more than three-quarters of the world's production of those …
Persistent link: https://www.econbiz.de/10012551833
the remaining distortions to world merchandise trade on poverty and inequality globally and in various developing …
Persistent link: https://www.econbiz.de/10012551101