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The Seychelles tourism sector today is a success story. No doubt, the Seychelles has been endowed with wonderful natural tourism assets in its beautiful beaches and mountain backdrops, but its success has also been due to good governance and strategic policy choices. With 24.8 percent of gross...
Persistent link: https://www.econbiz.de/10012560461
"Rules of origin are legitimate policy instruments to prevent trade deflection in a preferential trade agreement short of a customs union. Trade deflection takes place when a product imported into the preferential trade agreement through the member with the lowest external tariff is transhipped...
Persistent link: https://www.econbiz.de/10011394142
"Regional agreements on standards have been largely ignored by economists and unconditionally blessed by multilateral trade rules. Chen and Mattoo find, theoretically and empirically, that such agreements increase trade between participating countries but not necessarily with the rest of the...
Persistent link: https://www.econbiz.de/10010522877
"Studies comparing household surveys with on-site interceptor surveys have typically accounted for over-sampling avid users in the on-site interceptor surveys (that is, endogenous stratification). However, these studies have typically not accounted for the possibility that the household sample...
Persistent link: https://www.econbiz.de/10010522129
From 2001 to 2012, Indonesia enjoyed strong economic growth, averaging 5.6 percent per annum, while the poverty rate halved to 11 percent. The employment rate reached a two-decade record high in 2019, with 67.5 percent of youth and adults in the labor force. However, growth and job creation have...
Persistent link: https://www.econbiz.de/10015411848
"In a relative deprivation framework, unless inequality is reduced, growth is associated with both higher satisfaction and higher deprivation. This may help explain the discontent with growth despite its benefits. As is well known in the literature, knowledge of the population's mean income and...
Persistent link: https://www.econbiz.de/10011394215
In 2010, Kazakhstan entered into a customs union with Belarus and Russia. The first, relatively easy step in the implementation of the customs union was accomplished in 2010 with the adoption of a common external tariff, with varying exceptions in each of the three member countries. It is the...
Persistent link: https://www.econbiz.de/10012557214