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Faryar Shirzad - Goldman Sachs
Faryar Shirzad - Goldman Sachs

... Goldman Sachs. OGA supports and advances the firm’s public policy agenda and manages the firm’s interactions with governments around the world. Faryar serves on the firmwide Steering Committee on Regulatory Reform. He joined Goldman Sachs in 2006 and was named managing director in 2007. Faryar previ ...
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... sustained economic growth. Sokoloff was particularly interested in understanding how the United States experience diverged from that of its former colonizer, Great Britain, given that the two countries had so much in common, culturally and institutionally. For example, he and his coauthor, David Doll ...
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... with two important disclaimers. First, our exercise is pure comparative statics. We offer no explanation for why the current account deficits exist or what market response or policy intervention would close them.7 We simply use current data to parameterize a static model of bilateral trade flows and ...
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... A number of other studies have posited bi-directional causality, implying that both fiscal and trade balances affect each other. Darrat (1988:879-886) and Hatemi and Shukur (2002:817-824) showed bi-directional causality for the USA. Islam (1998:121-128) and Normandin (1999:171-193) confirmed the sa ...
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... A. lesser stability in a country's balance of trade B. changes in the factors of the PESTEL model C. changes in a country’s balance of trade D. greater stability in a country's balance of trade While these events could contribute to less stability in a country's balance of trade, there is know way o ...
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... surpluses exist, prices will likely fall. 6. Subsidies, quotas, price floors, and price ceilings are all forms of market interference, which make markets less efficient. 7. The factors that cause supply and demand curves to shift. (i.e. change in income, input prices, etc.) 8. Supply and demand curv ...
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... are many ways of controlling and promoting international trade today. The methods range from agreements among governments—whether bilateral or multilateral—to more ambitious attempts at economic integration through supranational organizations, such as the European Union (EU). The two main drivers of ...
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... re-employed in the sectors where their skills can be best utilized.12 In reality, many of these workers will be unemployed for at least some period of time, before they find another job.13 Such spells of unemployment can significantly reduce the economic gains from trade liberalization, especially i ...
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Protectionism

Protectionism is the economic policy of restraining trade between states (countries) through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow (according to proponents) fair competition between imports and goods and services produced domestically.This policy contrasts with free trade, where government barriers to trade are kept to a minimum. In recent years, protectionism has become closely aligned with anti-globalization and anti-immigration. The term is mostly used in the context of economics, where protectionism refers to policies or doctrines which protect businesses and workers within a country by restricting or regulating trade with foreign nations.
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