discussion of flexibility and credibility trade-offs and exit issues. …

specifying price transmission equations in international trade models Protective policies, such as tariffs and quotas, reduce the …

? Data from South Asia suggest that member states have minor trade linkages and face asymmetrical patterns of shocks. This …

This paper examines the relationship between fixed exchange rate arrangements and trade using a gravity model of … international trade together with bilateral trade data from 24 countries from the Caribbean and Latin America for the period 1960 …-2001. The analysis indicates that a credible fixed peg has a positive impact on the value of bilateral trade. Moreover, the …

presents several conventional techniques for assessing competitiveness, namely the real exchange rate and recent trade … many post-conflict situations. The real exchange measure and trade measures suggest some mild erosion of competitiveness in …

This paper investigates empirically the relevance of external, domestic, and financial weaknesses as well as trade and …

Latin AmericaÂ’s trade relationships have been severely strained by the series of uncoordinated currency depreciations … depreciations, whether forced by capital markets or unilaterally effected for competitive trade reasons, are equivalent to steep … increases in tariffs facing trading partners; they damage trade relationships and distort trade-oriented economic growth. The …

Australia has long been considered a commodity based economy, with the relationship between the terms of trade and the … real exchange rate well documented. Less well documented are the determinants of the Australian terms of trade and how … examines the Australian terms of trade since 1983 and links movements with the increasing internationalisation of the …