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Cette publication porte sur certaines des questions soulevées dans les négociations sur les services financiers; les auteurs analysent les enjeux et évaluent les résultats obtenus par les Membres de l'OMC dans des négociations antérieures.
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En un estudio llevado a cabo por economistas de la Secretaría de la OMC se analizan los beneficios y problemas relacionados con la liberalización del comercio de servicios financieros, tanto en los países en desarrollo como en las naciones desarrolladas. En el estudio se pone de relieve la...
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This note discusses capital controls using insights from the trade policy literature. It highlights some key issues that have been neglected in the current international debate on capital controls. Capital is tradable in the same way as many goods and services are. As a result, much of the...
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In the 1970s, taxation of "windfall" profits from primary products and intervention in trade and production has tempted governments into expansionary fiscal policies while stifling the private sector and depressing growth. However, the experience of the recent coffee boom has so far been more...
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The paper studies empirically fiscal policies around elections in 25 developing countries as affected by the exchange regime. It is argued that countries with flexible exchange regimes are less likely to engage in expansionary fiscal policies before elections because such policies can result in...
Persistent link: https://www.econbiz.de/10010227583
The paper studies empirically the fiscal policy instruments by which governments try to influence election outcomes in 24 developing countries for the 1973-1992 period. The study finds that the main vehicle for expansionary fiscal policies around elections is increasing public expenditure rather...
Persistent link: https://www.econbiz.de/10010229105
This study looks at the interrelationship between fiscal policy and safe assets as there is surprisingly little analysis about this beyond fleeting references. The study argues that from a certain point more public debt will not "buy" more safety: countries face a kind of "safe-assets Laffer...
Persistent link: https://www.econbiz.de/10011515971