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Trade liberalisation in Mexico: Rhetoric and reality

Pacheco-López, Penélope; Thirlwall, Anthony P. - 2004

This paper examines the process of trade liberalisation in Mexico, particularly since the mid-1980s and the signing of …

Persistent link: https://www.econbiz.de/10010290687

The impact of trade liberalisation on exports, imports, the balance of payments and growth: The case of Mexico

Pacheco-López, Penélope - 2004

liberalisation involved in the North American Free Trade Agreement (NAFTA) on exports, imports and the balance of payments in Mexico … slowdown of Mexico's growth in recent years. NAFTA has not delivered the improved growth performance that was promised by … Mexico's political leaders at the time. …

Persistent link: https://www.econbiz.de/10010290694

Trade liberalisation, the balance of payments and growth in Latin America

Pacheco-López, Penélope; Thirlwall, A. P. - 2005

The broad purpose of trade liberalisation is to raise the rate of growth of countries on a sustainable basis, consistent with the achievement of other macroeconomic objectives. In this paper we consider whether trade liberalisation in seventeen countries of Latin America has improved the...

Persistent link: https://www.econbiz.de/10010290663

Turkey's recent trade and foreign direct investment performance

İzmen, Ümit; Yilmaz, Kamil - 2009

This paper analyzes the changes in the structure of trade as well as the developments in the capital account of Turkey since mid-1990s and discusses the possible composition of trade flows and Turkey's attractiveness for international capital inflows in the near future. Analysis of the long-term...

Persistent link: https://www.econbiz.de/10010277267

China in the global economy

Sen, Sunanda - 2010

China occupies a unique position among developing countries. Its success in achieving relative stability in the financial sector since the institution of reforms in 1979 has given way to relative instability since the beginning of the current global financial crisis. Over the last few years,...

Persistent link: https://www.econbiz.de/10010286512

The transition from official aid to private capital flows: Implications for a developing country

Kohli, Renu - 2004

India’s capital account displays a sharp swing in external financing from official assistance to private capital transfers in the 1990s. This paper examines the implications of this transition for the country. An analysis of the private resource transfer reveals that unlike official flows,...

Persistent link: https://www.econbiz.de/10010284794

Relationship between Trade Liberalisation, Economic Growth and Trade Balance: An Econometric Investigation

Parikh, Ashok; Stirbu, Corneliu - 2004

This is a study of 42 developing countries of Asia, Africa and Latin America in which we first examine the impact of trade liberalisation on economic growth, investment share of GDP, openness, trade balance and current accounts (as percentages of GDP). Both panel data and country by country data...

Persistent link: https://www.econbiz.de/10010295415

Trade balances of the central and east European EU member states and the role of foreign direct investment

Herrmann, Sabine; Jochem, Axel - 2005

Given the large trade and current account deficits in some of the new EU member states the development of their external economic situation plays a role in assessing their aptitude to enter the European Monetary Union. The empirical analysis with aggregated data indicates that in the eight...

Persistent link: https://www.econbiz.de/10010295786

Exchange Rate or Wage Changes in International Adjustment? Japan and China versus the United States

McKinnon, Ronald - 2005

Under the world dollar standard, a discrete appreciation by a dollar creditor country of the United States, such as China or Japan, has no predictable effect on its trade surplus. Currency appreciation by the creditor country will slow its economic growth and eventually cause deflation but...

Persistent link: https://www.econbiz.de/10010297476

Bilateral imbalances in Europe

Berger, Helge; Nitsch, Volker - 2012

This paper examines the association between trade and financial linkages among European countries. We find that, with the introduction of the euro, trade imbalances among euro area members widened considerably, even after allowing for permanent asymmetries in trade competitiveness within pairs...

Persistent link: https://www.econbiz.de/10010323739

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