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The international discussion of Trump's dispute over import tariffs for steel, aluminum and even cars is so far focused on the big global players. However, African countries in particular could suffer too from the planned punitive tariffs, analogous to the famous African proverb, "When elephants...
Persistent link: https://www.econbiz.de/10011824365
There is widespread concern, especially in certain feminist circles, that a market-oriented economic system, or capitalism, disfavors women. This could take many forms, such as lower wages for the same type of work, reduced career opportunities, disparities in ownership and the upholding of...
Persistent link: https://www.econbiz.de/10014542194
The literature has paid very little attention to a potential positive endogenous nexus between trade globalization and political liberalization. In this paper, I apply a structural approach to investigate two-way causality between the two based on the gravity trade theory, using data from a...
Persistent link: https://www.econbiz.de/10011470776
Non-tariff measures such as food safety standards are used to achieve the non-trade objective of protecting consumers' health and safety. However, they can also be used as a trade protection tool to drive a price wedge between domestic and foreign producers. This study investigates the...
Persistent link: https://www.econbiz.de/10011500501
ABSTRACT & RÉSUMÉ: Despite the Corona crisis, London is pushing ahead with the implementation of Brexit. This will have a profound impact not only on the EU but also on Africa. The British government's vision of a reinvigorated 'Global Britain' relies heavily on a reinforced cooperation with...
Persistent link: https://www.econbiz.de/10012230607
Recent empirical studies confirm a positive relationship between trade liberalization or trade openness and the quality of domestic economic institutions. An isolated analysis of trade openness per se, however, may grossly simplify the mechanisms at work, as the linkage between open trade and...
Persistent link: https://www.econbiz.de/10013208724
This paper shows how a world price shock can increase the likelihood that democratization must be used to resolve the threat of revolution. Initially, a ruling elite may be able to use trade policy to maintain political stability. But a world price shock can push the country into a situation...
Persistent link: https://www.econbiz.de/10010500382
This paper develops a new model of trade policy under dictatorship and democratization. The paper makes two contributions. One is to provide a deeper understanding of the relationship between political institutions and economic efficiency by studying the endogenous interaction between the form...
Persistent link: https://www.econbiz.de/10011744968
This paper studies the effect of political regime transitions on public policy using a dataset on global agricultural distortions over 50 years (including data from 74 developing and developed countries over the period 1955-2005). We employ both difference-in-differences regressions and...
Persistent link: https://www.econbiz.de/10010313324
We investigate the effect of electoral rules and firms of government on public policy outcomes using a new dataset on agriculture and food policies from 74 countries over the 1960-2005 period. Using both cross-sectional and panel data analyses we find robust evidence that the specific nature of...
Persistent link: https://www.econbiz.de/10010313328