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Will environmental issues challenge the General Agreement on Tariffs and Trade (GATT)? Calls for a new round of multilateral trade negotiations on the environment have multiplied. Environmentalists have kept up pressure to modify GATT. Industries with higher environmental costs may seek...
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Intro -- Contents -- I. INTRODUCTION -- II. STATUS OF EU ACCESSION IN SEE -- III. PROGRESS IN ESTABLISHING A MARKET ECONOMY AND REAL CONVERGENCE -- IV. NOMINAL CONVERGENCE-MONETARY AND FISCAL FRAMEWORKS AND STABILIZATION -- V. CONCLUSIONS -- References.
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This paper examines the Chilean experience with capital controls and reviews studies on controls on capital inflows. Controls on Chile’s inflows had only a temporary impact in reducing specific inflows because they were affected by avoidance. There is some evidence that controls increased...
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This study asseses trade liberalization in programs supported by the IMF by reviewing multiyear arrangements in the 1990s and six detailed case studies. It also discusses the main economic factors affecting trade policy targets
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This paper reviews the economics of trade policy in financial services, highlighting differences between trade across borders and through commercial presence. Trade liberalization could complement other financial reforms by enhancing the efficiency, quality, and variety of financial services and...
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