Similar Search Results

Terms of Trade, Exchange Rates and Labor Markets Adjustment in Developing Countries

Edwards, Sebastian - 1986

This paper uses three models of a small open economy to analyze the effects of terms of trade and exchange rate changes … factors model is developed and used to investigate how an exogenous worsening of the intern.ationa1 terms of trade affect …

Persistent link: https://www.econbiz.de/10012476959

On Uniform Import Tariffs in Developing Countries

Edwards, Sebastian - 1990

contemplated a trade liberalization process that would create a low and uniform tariff structure. In this paper I review the …

Persistent link: https://www.econbiz.de/10012475686

Structural Adjustment Policies in Highly Indebted Countries

Edwards, Sebastian - 1988

that for most nations the adjustment has been highly recessive. Next, the potential role of trade reforms in securing the …

Persistent link: https://www.econbiz.de/10012476564

Public Sector Deficits and Macroeconomic Stability in Developing Countries

Edwards, Sebastian - 1996

This paper analyzes Latin America's experience with fiscal adjustment during the last decade. The paper discusses in detail how some countries -- most notably Argentina, Chile and Mexico -- were successfully able to eliminate their fiscal deficits in a relatively short period of time. Their...

Persistent link: https://www.econbiz.de/10012473457

The Political Economy of Infaliton and Stabilization in Developing Countries

Edwards, Sebastian - 1993

This paper deals with political aspects of inflation and stabilization in developing countries. it is argued that by ignoring political considerations. traditional models failed to fully understand the dynamics of inflation. Several newer models are discussed. including models based on strategic...

Persistent link: https://www.econbiz.de/10012474639

Devaluation Controversies in the Developing Countries : Lessons From the Bretton Woods Era

Edwards, Sebastian - 1992

This paper uses historical data from the Bretton Woods era to analyze the effectiveness of devaluation-based adjustment programs in the developing countries. Forty eight major devaluations undertaken between 1954 and 1971 are investigated in detail in an effort to understand the circumstances...

Persistent link: https://www.econbiz.de/10012474932

Trade Orientation, Distortions and Growth in Developing Countries

Edwards, Sebastian - 1991

In this paper I use a cross country data set to analyze the relationship between trade orientation, trade distortions … small developing countries. According to this model countries that liberalize their international trade and become more open … size of some key parameters. using nine alternative indicators of trade orientation I find out that the data supports the …

Persistent link: https://www.econbiz.de/10012475291

Capital Flows, Foreign Direct Investment, and Debt-Equity Swaps in Developing Countries

Edwards, Sebastian - 1990

One of the nest serious consequences of the debt crisis of 1982 has been the reduction in the accessibility to the world capital market for most developing countries. This situation has proved to be particularly serious for Latin American nations. At this juncture, a key question is how to...

Persistent link: https://www.econbiz.de/10012475530

Explaining Fiscal Policies and Inflation in Developing Countries

Edwards, Sebastian - 1990

In this paper we investigate erririca1ly the determinants of inflation, seigniorage an fiscal deficits in developing countries. We first test the optimal taxation theory of inflation for a grip of 21 LDCs. We find that the implications of this theory is rejected for all the countries. We then...

Persistent link: https://www.econbiz.de/10012475534

Labor Market Distortions and Structural Adjustments in Developing Countries

Edwards, Sebastian - 1990

major structural adjustment policies, namely a trade liberalization reform and the relaxation of capital controls, affect …

Persistent link: https://www.econbiz.de/10012475687