This paper discusses the benefits as well as the adjustment problems resulting from the proposed accession of the member countries of the Commonwealth of Independent States (CIS) to the World Trade Organisation (WTO). In the area of trade-related policies, the CIS countries will have to make...

This paper investigates which policies CIS countries need to reform when they accede to GATT. The objectives to be pursued through trade policy (e.g. raising fiscal revenue, protecting industries, regional integration) must be defined clearly when tariff levels are bound. Some streamlining (e.g....

This paper develops a Heckscher-Ohlin-type framework in which relative factor prices are affected by output prices as well as by total factor productivity growth. The empirical analysis finds no evidence that the relative prices of unskilled-labour- intensive manufactures, adjusted for total...

Recent evidence suggests that regional economic integration provides an important stimulus not only to trade, but also to FDI. In contrast, the available theory on FDI does not yet provide empirically testable propositions on the effects of concurrent trade and investment liberalisation....

This econometric analysis investigates the impact of changes in sectoral valueadded prices and total factor productivity (TFP) on the equilibrium relative wage of low-skilled workers in eleven high-income countries. The key finding is that TFP growth mandated an increase in the unskilled wage,...

Diese Studie diskutiert mögliche Strategien der Entwicklungsländer bei den Verhandlungen über den internationalen Dienstleistungshandel im Rahmen der WTO-Doha- Entwicklungs-Runde. Die Liberalisierung von Dienstleistungsimporten (u.a. durch ausländische Direktinvestitionen) führt tendenziell...

Recent evidence suggests that regional economic integration provides an important stimulus not only to trade, but also to FDI. In contrast, the available theory on FDI does not yet provide empirically testable propositions on the effects of concurrent trade and investment liberalisation....

We estimate a multinomial logit model to explain the choice of transfer channel (formal services vs. informal operators or personal transfers) by 1139 pairs of migrants and recipients of remittances in Moldova in 2006. Explanatory variables include socioeconomic characteristics of the migrant...