This study analyzes whether ongoing liberalization has resulted in more profound trade expansion for Indonesia versus regional partner countries. A gravity model is first employed to find whether regional trade agreements resulted in more significant intra-regional exports or diverted trade....

Using two recently constructed measures of trade liberalization dates, this research studies the impact of trade liberalization on imports, exports, and overall trade balance for a large sample of developing countries. We find strong and consistent evidence that trade liberalization leads to...

This article seeks to survey the impact of a policy of opening to the trade balance and the competitive potential of the Tunisian economy by studying the impact of lower pricing and accompanying policies like a policy favorable exchange, growth in economic activity, the effort made in innovation...

Using time series data, the paper empirically analyzes the effects of trade liberalization on exports, imports and trade balance in Pakistan for the period 1981/82 to 2007/08. It concludes that trade liberalization stimulates both exports and imports with the effect being greater on latter than...

This paper investigates the role of structural reforms - privatization, financial reform and trade liberalization as determinants of FDI inflows based on newly constructed dataset on structural reforms for 19 Latin American and 25 Eastern European countries between 1989 and 2004. Our main...

This Selected Issues Paper presents an analysis of Belarus-specific conditions and cross-country research, and proposes a roadmap for real-sector reforms. It highlights distortions resulting from the government’s interference in the economy, and presents an overview of economic benefits...

China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...