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The WTO has not been able to recover since the collapse of the Doha Round in July 2008. Several ministerial conferences including the Buenos Aires meeting in December 2017 failed to reach agreement. The US Trump Administration launched a campaign to reform the WTO in 2018 and 2019. This book...
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This paper compares the stylized facts of international real business cycles between developed and developing economies. A two-sector, two-country neoclassical macroeconomic model has been constructed in this paper to examine the cyclical behaviors of domestic as well as international...
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century. Secondly, in one area of economic activity - trade in government procurement markets - the revised WTO Agreement on … Government Procurement (GPA) is emerging as a multi-dimensional tool of trade, governance and development. The thesis of this …
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-- Chapter 4: Income Gains and Inequality Costs -- Chapter 5: The Trade-Off -- Chapter 6: Alternative Models -- Chapter 7: HIT …: Household Impacts of Trade -- Chapter 8: Conclusions -- Bibliography. …This volume examines the relationship between trade liberalization policies and income inequality in developing …
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The various channels through which a reduction in the cost of offshoring can improve wages in a developed country are by now well understood. But does a similar reduction in the offshoring cost also benefit workers in the world's factories in developing countries? Using a parsimonious...
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Economic fluctuations are much stronger in developing countries than in the United States. Yet, while a large literature debates what constitutes a reasonable estimate of the welfare cost of business cycles in the US, it remains an open question how large that cost is in developing countries....
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