PDF
... In the recent trade literature, one very often posed question is whether regional arrangements work as building blocs or stumbling blocs in a way towards global free trade. Regional trading blocks do not necessarily have incentives to freer trade at multilateral basis as this might weaken their abil ...
... In the recent trade literature, one very often posed question is whether regional arrangements work as building blocs or stumbling blocs in a way towards global free trade. Regional trading blocks do not necessarily have incentives to freer trade at multilateral basis as this might weaken their abil ...
The Political Origins of Our Economic Discontents
... political economies in the wake of recession, and what adjustment paths can they be expected to take in the coming years? These are economic questions, about the sources of demand and supply in a chastened world, and political questions, about how the will to adjust is generated. Such issues can be ...
... political economies in the wake of recession, and what adjustment paths can they be expected to take in the coming years? These are economic questions, about the sources of demand and supply in a chastened world, and political questions, about how the will to adjust is generated. Such issues can be ...
(2002), Trade Liberalisation and Poverty: What are the Links?.
... household welfare is proportional to its net supply position in that good expressed at current prices as a proportion of total expenditure. In practical terms, then, to predict poverty effects we need to know the price changes implied by a shock and poor households’ net supply positions. For finite ...
... household welfare is proportional to its net supply position in that good expressed at current prices as a proportion of total expenditure. In practical terms, then, to predict poverty effects we need to know the price changes implied by a shock and poor households’ net supply positions. For finite ...
NBER WORKING PAPER SERIES THE GAINS FROM FISCAL COOPERATION Stephen J. Turnovsky
... strategic fiscal policy in a two-period, single commodity framework. Although our analysis is conducted within the context of the two country-two good trade model, in which the transmission occurs ...
... strategic fiscal policy in a two-period, single commodity framework. Although our analysis is conducted within the context of the two country-two good trade model, in which the transmission occurs ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... Singapore have significantly contributed to their sustained economic growth. Drabek and Laird (1998) have noted that developing countries with progressively more liberal trade policies are those with growing ratios of trade, inward investments, and national income and its growth rates. Earlier studi ...
... Singapore have significantly contributed to their sustained economic growth. Drabek and Laird (1998) have noted that developing countries with progressively more liberal trade policies are those with growing ratios of trade, inward investments, and national income and its growth rates. Earlier studi ...
Trade surpluses of countries trading with the United States
... 14 Benedetto “Who Financed Recent U.S. Trade Deficits?” May 2014. 15 For example, the issue was raised by famous English economist Joan Robinson, who in 1973 stated that “free trade is just a more subtle form of mercantilism… believed only by those who will gain an advantage from it.” (quoted in Lav ...
... 14 Benedetto “Who Financed Recent U.S. Trade Deficits?” May 2014. 15 For example, the issue was raised by famous English economist Joan Robinson, who in 1973 stated that “free trade is just a more subtle form of mercantilism… believed only by those who will gain an advantage from it.” (quoted in Lav ...
Us oil and natural gas production
... US has been the driver of global growth for 4 years, rest of world is following with expansionary policies Until the Fed raises interest rates its premature to declare the economy “recovered” Low inflation, wage increases and commodity prices = low pressure to raise interest rates ...
... US has been the driver of global growth for 4 years, rest of world is following with expansionary policies Until the Fed raises interest rates its premature to declare the economy “recovered” Low inflation, wage increases and commodity prices = low pressure to raise interest rates ...
Economic Standards - Krannert School of Management
... demand: what consumers are willing and able to buy at various prices functions of money: helps people trade, measures the value of items, facilitates saving entrepreneur: a person who takes a risk to start a business profit: revenues from selling a good or service minus the costs of producing the go ...
... demand: what consumers are willing and able to buy at various prices functions of money: helps people trade, measures the value of items, facilitates saving entrepreneur: a person who takes a risk to start a business profit: revenues from selling a good or service minus the costs of producing the go ...
The UK Legal Services Sector and the UK: An analysis by Oxford
... the arrangements that Britain negotiates with the EU and other trading partners, and the policies that the UK pursues as a non-EU member. As highlighted above, the assumptions regarding economic drivers have knock-on effects within the model on other economic and demographic factors (population, cap ...
... the arrangements that Britain negotiates with the EU and other trading partners, and the policies that the UK pursues as a non-EU member. As highlighted above, the assumptions regarding economic drivers have knock-on effects within the model on other economic and demographic factors (population, cap ...
Export-Led Growth or Growth-Driven Exports? The Canadian Case
... among other reasons because price fluctuationsand political interventionboth influence the relationship.To controlfor these factors the termsof tradeare included. Terms of trade are defined here as export unit value divided by import unit value. Terms of trade are included to control for export grow ...
... among other reasons because price fluctuationsand political interventionboth influence the relationship.To controlfor these factors the termsof tradeare included. Terms of trade are defined here as export unit value divided by import unit value. Terms of trade are included to control for export grow ...
Globalization and U.S. Wages: Modifying Classic Theory to Explain
... Borjas, Freeman, and Katz 1997). Most studies found some link from trade to rising inequality, but with a few exceptions, the magnitude was not large. Cline’s (1997) comprehensive survey argued that “a reasonable estimate based on the literature would be that international influences contributed abo ...
... Borjas, Freeman, and Katz 1997). Most studies found some link from trade to rising inequality, but with a few exceptions, the magnitude was not large. Cline’s (1997) comprehensive survey argued that “a reasonable estimate based on the literature would be that international influences contributed abo ...
Direction, Extension and Price of Exports` Quality
... heterogeneously information problem of quality faced by each consumer. In the empirical analysis, a first step is taking pre-defined differentiated and nondifferentiated goods, based on Rauch (1999). With goods thus grouped, we exam variation in the product’s extensive margin of the differentiated g ...
... heterogeneously information problem of quality faced by each consumer. In the empirical analysis, a first step is taking pre-defined differentiated and nondifferentiated goods, based on Rauch (1999). With goods thus grouped, we exam variation in the product’s extensive margin of the differentiated g ...
krugman_ethemes
... Answer: Administrative and legal barriers are substantial across national borders—thus the large effect of borders on the volume of trade. Trade agreements typically reduce import taxes and streamline administrative procedures for goods crossing borders. This is why both adjacent countries and count ...
... Answer: Administrative and legal barriers are substantial across national borders—thus the large effect of borders on the volume of trade. Trade agreements typically reduce import taxes and streamline administrative procedures for goods crossing borders. This is why both adjacent countries and count ...
Events management system: test document
... Domestic variables like debt, lag of reserves, effectiveness of government do not come up significant (similar to Calvo et al) Criticism: This in part reflects that when GDP collapses, there may not be much room left for policies. Measure replacing output fall criterion for regional spreads criterio ...
... Domestic variables like debt, lag of reserves, effectiveness of government do not come up significant (similar to Calvo et al) Criticism: This in part reflects that when GDP collapses, there may not be much room left for policies. Measure replacing output fall criterion for regional spreads criterio ...
Positioning Austria in the Global Economy: Value Added
... The most important difference between value added trade and gross trade flows emerges at the industry level. How can we explain that 80% of Austria’s exports are manufactures when its GDP consists to more than two-thirds of services? One obvious reason is that services are still less tradable than m ...
... The most important difference between value added trade and gross trade flows emerges at the industry level. How can we explain that 80% of Austria’s exports are manufactures when its GDP consists to more than two-thirds of services? One obvious reason is that services are still less tradable than m ...
Lecture 9 - Heiwai Tang
... Table 7. The Value of Mergers and Acquisitions Relative to FDI Flows ...
... Table 7. The Value of Mergers and Acquisitions Relative to FDI Flows ...
A record current account deficit: Causes and implications
... the budget equation 2 and putting the rtAt term on the left side, we get ...
... the budget equation 2 and putting the rtAt term on the left side, we get ...
The Great Depression in Italy: Trade Restrictions and
... Increased tariffs, however, were only part of the increasingly protectionist policies. For Italy, a set of rules and regulations was introduced in the late 1920s and early 1930s4 that explicitly attempted to reduce imports. Examples of these rules include the requirement that Italian products had to ...
... Increased tariffs, however, were only part of the increasingly protectionist policies. For Italy, a set of rules and regulations was introduced in the late 1920s and early 1930s4 that explicitly attempted to reduce imports. Examples of these rules include the requirement that Italian products had to ...
... “offshorability,” and that the actual number of jobs that are tradable in practice are likely to be lower.16 The economist Brad Jensen concurs, and at the same forum presented a paper that suggested America’s comparative advantage in skilled services is likely to benefit U.S. service workers and fir ...
Productivity
... standards, as measured by real GDP per capita, vary substantially from country to country. In the long run, living standards are determined by productivity. Policies that affect the determinants of productivity will therefore affect the next generation’s living standards. Government policies a ...
... standards, as measured by real GDP per capita, vary substantially from country to country. In the long run, living standards are determined by productivity. Policies that affect the determinants of productivity will therefore affect the next generation’s living standards. Government policies a ...
PDF Version - Mackenzie Investments
... by the favourable impact of a weaker pound, which should bolster competitiveness and boost the local currency value of foreign earnings. The impact on UK government bonds is less clear. While the pound has weakened because of Brexit fears, 10-year Gilts have rallied with yields declining from over 2 ...
... by the favourable impact of a weaker pound, which should bolster competitiveness and boost the local currency value of foreign earnings. The impact on UK government bonds is less clear. While the pound has weakened because of Brexit fears, 10-year Gilts have rallied with yields declining from over 2 ...
Paper on Yemen
... The prospects for the future of Yemen are still unpredictable after the 2011 revolution which forced the country to go into a political transition brokered by the Gulf cooperation Council (GCC) that saw the formation of an interim government in the early presidential elections of 2012. The transitio ...
... The prospects for the future of Yemen are still unpredictable after the 2011 revolution which forced the country to go into a political transition brokered by the Gulf cooperation Council (GCC) that saw the formation of an interim government in the early presidential elections of 2012. The transitio ...
The Moroccan-American FTA Effects on the Agricultural and Food
... information on Moroccan trade patterns and other trade negotiations and agreements. Section 3 summarizes data and GE model features and reports the major results of the analysis. The analysis was completed before the negotiations, so it does not reflect the specific details of the agreement. Conclud ...
... information on Moroccan trade patterns and other trade negotiations and agreements. Section 3 summarizes data and GE model features and reports the major results of the analysis. The analysis was completed before the negotiations, so it does not reflect the specific details of the agreement. Conclud ...
Document
... What else could you suggest to the Ghanaian government? In principle at least, a country can achieve external balance and maintain internal balance • The key according to economist Max Corden (1986) is To have two instruments as the demand reduction instrument is not enough Also need a switching ...
... What else could you suggest to the Ghanaian government? In principle at least, a country can achieve external balance and maintain internal balance • The key according to economist Max Corden (1986) is To have two instruments as the demand reduction instrument is not enough Also need a switching ...
HANDBOOK OF INTERNATIONAL TRADE Date: June 1, 2002 The
... Columns 3 and 4 in Table 1 presents estimates from Baldwin’s (1985) regression model explaining tariff cuts. The dependent variable is the reduction in US tariffs in the Tokyo round of GATT negotiations (and is entered in the regressions with a negative sign). For the results presented in Column 4, o ...
... Columns 3 and 4 in Table 1 presents estimates from Baldwin’s (1985) regression model explaining tariff cuts. The dependent variable is the reduction in US tariffs in the Tokyo round of GATT negotiations (and is entered in the regressions with a negative sign). For the results presented in Column 4, o ...