The confirmative determination on the specificity of China's Investment-Inducing Policy - the quot;Two Free/Three Halfquot; program raises several technical questions about how to clarify the specific requirement provided by the U.S. CVD law and the WTO SCM agreement. The determination also has...

This paper examines whether protectionist policies on the part of the government leads to increased corruption on part of the bureaucracy. A one-sector small open economy model is presented where corruption is shown to be increasing in tariffs and subsidies. Using multiple measures of corruption...

We focus on five among the sectors in which most of the CEECs' trade in middle products with EU-15 is concentrated. Over the second half of the 1990s, we observe remarkable changes in both production and trade specialization for new-members as well as a significant relocation of industries...

This paper provides evidence that credit constraints are an important determinant of international trade flows. I exploit shocks to the availability of external finance and examine the impact of equity market liberalizations on the export behavior of 91 countries in the 1980-1997 period. I show...

This paper reexamines Korea`s trade flows. Using the standard demand-based models, the paper finds that owing to the increasing share of electrical and electronic products (EEPs) in total exports, the income elasticity of the Korean export demand has fallen sharply while its price elasticity has...

We analyze the impact of the elimination of textile and clothing (Tamp;C) quotas in 2005 on India. Our simulations suggest that while Indian exports of Tamp;C will continue to expand in the presence of the safeguards on China, they will be affected adversely once these safeguards are lifted. We...

This paper studies the experiences of East Asian countries in conducting financial liberalization. Financial liberalization has two components, which are capital account liberalization and financial services liberalization. It is important to stress that the two components should not be...

The Article first presents a brief history or survey of some of the earlier problems that associate with China's banking and financial institutions. The Article then addresses specific problems, in the context of the rules, procedures, and practices of the banking and finance sector, which...

Integration and globalization are two social phenomena which are not shown only in modern societies, instead have been present since the earliest times. The purpose and intent of both of them remains the same, however the difference between integration and the globalization at early time and...

Gelişmekte olan ülkelerin karşı karşıya olduğu en önemli sorunlardan birisi geleneksel ihraç ürünlerine bağımlı kalmalarıdır. Oysa uluslararası piyasalarda rekabet gücü kazanmak ve ihracat gelirlerini arttırmak sadece geleneksel ürünlerin ihraç edilmesi ile değil, aynı...