Showing 1 - 10 of 28
Preferential trade agreements today are more numerous and deeper than they were a quarter century ago. Do deep agreements promote countries' integration into global value chains? What are the economic mechanisms? How do countries choose their trade agreement partners? Would the undoing of deep...
Persistent link: https://www.econbiz.de/10012948008
We analyze how a wealth shift to emerging countries may lead to instability in developed countries. Investors exposed to expropriation risk are willing to pay a safety premium to invest in countries with good property rights. Domestic intermediaries compete for such cheap funding by carving out...
Persistent link: https://www.econbiz.de/10011304762
Heterogeneity of public utility services is common in developing countries. In a "high-level" equilibrium, the quality of utility services is high, consumer willingness to pay for services is high, the utility is well funded and staff well paid in order to induce high quality of performance. In...
Persistent link: https://www.econbiz.de/10012975904
1958 and 2015, which reflects the entire set of preferential trade agreements in force and notified to the World Trade … World Trade Organization mandate and in four leading areas outside the current World Trade Organization mandate: competition …
Persistent link: https://www.econbiz.de/10012962302
With the success of the World Trade Organization and its predecessor, the General Agreement on Tariffs and Trade, in … literature on non-tariff measures in the world trading system. It provides a set of stylized facts based on available data on non … measures in the trade literature with a focus on the rules and institutions that govern non-tariff measures in the world …
Persistent link: https://www.econbiz.de/10012969264
This paper discusses the scope for market mechanisms, already established for greenhouse gas mitigation in Annex 1 countries that ratified the Kyoto Protocol, for implementing "net mitigation," defined here as mitigation beyond Annex 1 countries' formal mitigation requirements under the Kyoto...
Persistent link: https://www.econbiz.de/10012969808
agreements and of vertical foreign direct investment to test the theory. Consistent with the model, the analysis finds evidence … implication of the model is specific to the so-called ?property rights? theory of the multinational firm, the findings provide …
Persistent link: https://www.econbiz.de/10012970742
This paper analyzes how the exchange rate elasticity of exports has changed over time and across countries and sectors, and how the formation of global value chains has affected this relationship. The analysis uses a panel framework covering 46 countries over the period 1996-2012, and first...
Persistent link: https://www.econbiz.de/10012971261
The Amazon rainforest, the world's largest and most biodiverse, represents a global public good of which 15 percent has …
Persistent link: https://www.econbiz.de/10012972345
, but the impact varies by income group. Provisions outside the current mandate of the World Trade Organization (investment … under the current World Trade Organization mandate (tariff reduction and customs facilitation) drive the effect of trade …
Persistent link: https://www.econbiz.de/10012912338