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Currency Unions in Prospect and Retrospect

Silva, J. M. C. Santos; Tenreyro, Silvana - Centre for Economic Performance, LSE - 2010

We critically review the recent literature on currency unions, and discuss the methodological challenges posed by the empirical assessment of their costs and benefits. In the process, we provide evidence on the economic effects of the euro. In particular, and in contrast with estimates of the...

Persistent link: https://www.econbiz.de/10008542758

Currency unions in prospect and retrospect

Silva, J.M.C. Santos; Tenreyro, Silvana - London School of Economics (LSE) - 2010

Persistent link: https://www.econbiz.de/10010746444

The WTO and the Doha Round: Walking on Two Legs

Hoekman, Bernard - In: World Bank - Economic Premise (2011) 68, pp. 1-6

The Doha Round of the World Trade Organization (WTO) negotiations has been ongoing for 10 years, and given political cycles in major countries, there is not much hope for a rapid conclusion. The topics on the table are important, and in principle there is enough substance for all countries to...

Persistent link: https://www.econbiz.de/10009393231

Globalization and Civil Liberty in Turkey

Ghosh, Baidyanath N.; Li, Eric A.L. - In: Economia Internazionale / International Economics 60 (2007) 2, pp. 157-180

On the basis of civil-liberty index and trade openness ratio ([export + import]/GDP), this empirical study makes use of time series data (1972-2001) to analyze the relationship between trade liberalization and civil liberty in Turkey. With the help of cointegration analysis, the study comes to...

Persistent link: https://www.econbiz.de/10005005775

The endogeneity approach of the theory of optimum currency areas: what does it mean for ASEAN + 3?

Löchel, Horst; Baumann, Stefan - 2006

The paper analyzes if and how the experiences of European integration can be used for the progress of East Asia … integration especially of the ASEAN+3 countries1. Of special interest is the relevance of the new endogeneity approach of monetary … integration for East Asia. The question is discussed in theoretical as well as in empirical terms. It can be shown that despite of …

Persistent link: https://www.econbiz.de/10010298914

South-South Economic Linkages: An Overview

Jha, Shikha; McCawley, Peter - 2011

institutions, and improved economic security and stability. …

Persistent link: https://www.econbiz.de/10010507334

Asian trade and global linkages

Brooks, Douglas H.; Hua, Changchun - 2008

In the run-up to the 2008 global financial crisis, there was frequent discussion of Asia having decoupled from economic shock transmission originating in Europe or North America. Much of the basis for these arguments was related to the rapid expansion of intraregional trade in Asia. This paper...

Persistent link: https://www.econbiz.de/10010279805