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Poverty risk is most marked for children, displaced persons and returnees, unemployed, and people with low education. Basic goals of the macroeconomic framework of the mid-term development strategy of Bosnia and Herzegovina are to reduce the overall public expenditures, lower the public debt,...
Persistent link: https://www.econbiz.de/10005598984
This paper studies the effect of instrumental and institutional stabilization of exchange rate volatility on the integration of goods markets. Rather than using data on volume of trade, this paper employs a 3-dimensional panel of prices of 95 very disaggregated goods (e.g., light bulbs) in 83...
Persistent link: https://www.econbiz.de/10005604996
China's increasing integration with the global economy has contributed to sustained growth in international trade. Its … China's imports from all regions-especially Asia, where China plays an increasingly central role in regional specialization …. Tariff reforms have been implemented in China since the 1980s; and, with its recent WTO accession, China has committed itself …
Persistent link: https://www.econbiz.de/10005605021
This paper empirically examines the extent to which a country's economic growth is influenced by its trading partner economies. Panel estimation results based on four decades of data for over 100 countries show that trading partners' growth and relative income levels have a strong effect on...
Persistent link: https://www.econbiz.de/10005605092
The literature on the benefits and costs of financial globalization for developing countries has exploded in recent years, but along many disparate channels and with a variety of apparently conflicting results. For instance, there is still little robust evidence of the growth benefits of broad...
Persistent link: https://www.econbiz.de/10005263828
Is the recent proliferation of Regional Trade Agreements (RTAs) in Asia a healthy development, or runs the risk of turning into an unmanageable "noodle bowl" in the future? The goal of this paper is to shed some light on this question. The results show that membership in the Asian RTAs...
Persistent link: https://www.econbiz.de/10005263990
This study provides a candid, systematic, and critical review of recent evidence on this complex subject. Based on a review of the literature and some new empirical evidence, it finds that (1) in spite of an apparently strong theoretical presumption, it is difficult to detect a strong and robust...
Persistent link: https://www.econbiz.de/10005590880
This paper presents the primary institutions and economic policies that have led to Chile’s remarkable record of stability and growth over the past twenty years. The core of this policy stance is the combination of fiscal discipline and an open trade policy regime, together with carefully...
Persistent link: https://www.econbiz.de/10005767351
In general, a reduction in trade barriers will affect the environment by expanding the scale of economic activity, by …. We investigate whether the size of pollution abatement costs in US industry influences the pattern of international trade … effect of a North American Free Trade Agreement (NAFTA) on pollution in Mexico. …
Persistent link: https://www.econbiz.de/10005791657
How can LAC governments promote the use of clean and green technology in the mining sector and what are the supporting instruments, regulations, infrastructure and institutional aspects that are needed to reinforce this role within public supervisory mining agencies? This technical note explores...
Persistent link: https://www.econbiz.de/10010739666