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World Bank demographic and country characteristic statistics identify 16 small landlocked countries that are similar to Lesotho. The authors attempt to determine what useful policy information can be derived from the recent trade performance of these"comparators."Among questions they pose are...
Persistent link: https://www.econbiz.de/10005079618
Exports in the Middle Eastern countries should increase from $800 million to $900 million as a result of the tariff cuts agreed on in the Uruguay Round, according to the author.This represents an annual expansion of less than 1 percent. Projected gains are small because the erosion of tariff...
Persistent link: https://www.econbiz.de/10005079629
Discrepancies in bilateral trade statistics for forest products have recently attracted attention as potential indicators of illegal trade practices. For example, if exporters understate quantities to evade export taxes or quotas, then one might expect reported exports to be less than reported...
Persistent link: https://www.econbiz.de/10005079868
Perhaps the major accomplishment of the Uruguay Round is agreements reached on nontariff barriers (NTBs). All NTBs imposed under the Multifiber Arrangement (MFA) will be phased out over 10 years, and all"voluntary"export restraints will be abolished. OECD countries'NTBs on agricultural goods...
Persistent link: https://www.econbiz.de/10005080093
Not until the end of the twentieth century, the"second globalization,"has the ratio of trade to Gross Domestic Product been comparable to that during the first globalization, which took place at the end of the nineteenth century and was interrupted by World War I. Technological progress has...
Persistent link: https://www.econbiz.de/10005128678
Since the U.S.embargo on trade with Vietnam was lifted in 1994, exports from Vietnam to the United States have risen dramatically. However, Vietnam remains one of the few countries to which the United States has not yet granted most favored nation (MFN) status. The general tariff rates that the...
Persistent link: https://www.econbiz.de/10005133574
Openness and liberal trade policies are associated with higher exports and economic growth. Sub-Saharan African countries are mostly still relatively closed, and one of their top priorities should be to open up. With some important, identifiable, exceptions African exports are not...
Persistent link: https://www.econbiz.de/10005133970
In 1991 and 1992, the European Union (EU) and the economies in transition of Central and Southern Europe - the CEE-5 (Bulgaria, the former Czechoslovakia, Hungary, Poland and Romania) - signed the European Association Agreements. The Agreements established a new framework for their mutual...
Persistent link: https://www.econbiz.de/10005134000
What kind of privatization program is best suited to stimulate enterprise restructuring in former centrally planned economies? One view, expressed by most Western business and political leaders, is that privatization is best pursued case by case, with emphasis on sales to new owners, including...
Persistent link: https://www.econbiz.de/10005141707
To the extent that foreign trade has been discussed in the debate about the transformation of former centrally planned economies, discussion has focused on what should be done to minimize the costs of external adjustment through managed foreign trade and exchange rate policies. Little attention...
Persistent link: https://www.econbiz.de/10005141737