expenditures on tradables and non-tradables, trade openness and real interest differentials. On the basis of these fundamentals … misalignment appears to be small as well. The paper also discusses the implications of these findings with regard to trade …

just the World Trade Organization but other multilateral institutions as well; and (5) despite shifts in economic power …

In the pre-reforms period the trade policy in Latin America had involved very high levels of protection and government … intervention. The recent trade liberalization policies of the Latin American countries have sought to reverse the protectionist … paper discusses the impact of trade openness policy on tariff structure, export competitiveness, inflation and economic …

This article shows how institutional quality can affect the relationship between trade and growth. Our model looks at … institutions gain more (in terms of growth) from trade than countries with weak institutions, due to the effect of institutions on … trade policy. It is also possible to show that the quality of institutions in one country can spill over into another by …

tourist, trade and economic growth. Although tourism is one of the major components in the trade of services, and it has been …-relationship between economic development, total trade (import and export) and number of tourist arrival for Malaysia and her major tourism …, volume of total trade and economic development’s indicator shows that these three variables are moved in tandem …

policy that regulates the extent of trade between countries. The model predicts that trade liberalization will increase …

This study empirically examines the effect of monetary, fiscal and trade policy on economic growth in Pakistan using … annual time series data from 1981 to 2009. Money supply, government expenditure and trade openness are used as proxies of … monetary, fiscal and trade policy respectively. Cointegration and error correction model indicate the existence of positive …

This study empirically examines the effect of monetary, fiscal and trade policy on economic growth in Pakistan using … annual time series data from 1981 to 2009. Money supply, government expenditure and trade openness are used as proxies of … monetary, fiscal and trade policy respectively. Cointegration and error correction model indicate the existence of positive …

This paper examines the effects of trade on economic growth and growth volatility. Using the 1967-1975 closure of the … Suez Canal as an instrument for trade, I find that trade leads to higher economic growth, and lower probability of … recession or economic slowdown. There is no evidence that trade reduces growth volatility, however. …