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This paper comments on the industrial structure of developing countries' Export-Processing free Zones (EPZs). As …
Persistent link: https://www.econbiz.de/10008539595
Myanmar's multiple exchange rate system creates various economic distortions. This paper describes the exchange rate practices in Myanmar, develops a model of foreign exchange markets, and presents the efficiency costs imposed by quasi-fiscal operation under the current exchange rate regime. The...
Persistent link: https://www.econbiz.de/10005263840
China's sectoral trade composition, product quality mix, and import content of processing exports have all changed …
Persistent link: https://www.econbiz.de/10005263876
Although theory suggests that the real exchange rate should depreciate after a credible trade liberalization but could appreciate temporarily with a noncredible one, little empirical evidence exists. Unlike existing studies that use either indirect tests or unreliable openness measures, this...
Persistent link: https://www.econbiz.de/10005769042
traditional assembly operations in its processing activities and its exports have started to rely more on domestically sourced … components. In turn, China's imports and exports have begun to delink, with increased domestic sourcing contributing to the … recent increase in its trade balance. In addition, as China moves up the value chain, both its imports and exports have …
Persistent link: https://www.econbiz.de/10005599657
Assessments of exchange rate misalignments and external imbalances for low-income countries are challenging because methodologies developed for advanced and emerging economies cannot be automatically applied to poorer nations. This paper uses a large database, unique in the set of indicators and...
Persistent link: https://www.econbiz.de/10010790491
Efforts to liberalize world trade are increasingly focusing on strengthening the links between low-income countries’ trade policies and their development strategies. However, although greater trade openness promises faster growth for poor countries, it also presents risks to those with...
Persistent link: https://www.econbiz.de/10011142205
We use network-analysis tools to identify communities in the web of exporters' destinations. Our network-based community measure is purely outcome-based; it captures multilateral rather than bilateral dependence across countries; and it can be calculated at the industry level. We next use our...
Persistent link: https://www.econbiz.de/10013021753
Persistent link: https://www.econbiz.de/10011796076
Persistent link: https://www.econbiz.de/10009726934