The Fiscal Implications Of Trade Liberalization
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The Fiscal Implications Of Trade Liberalization
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1988-11-23
The Fiscal Implications Of Trade Liberalization written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988-11-23 with Business & Economics categories.
Trade liberalization affects not only the external sector, production, and prices, but also the fiscal balance, through changes in tariff revenue, and through the sensitivity of the budget to induced changes in the exchange rate and in the level and distribution of income and employment. This paper discusses the effects of liberalization on the budget, which may differ in the short- and long-run. The short-run cost of adjustment to open trade could force the government to reverse the liberalization even if longer-term benefits could be realized. Long-run budget gains are more likely when the tax and transfer systems are broad, neutral, and efficiently administered.
The Fiscal Implications Of Trade Liberalization
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Author : Mario I.; Cheasty Blejer (Adrienne)
language : fr
Publisher:
Release Date : 2004
The Fiscal Implications Of Trade Liberalization written by Mario I.; Cheasty Blejer (Adrienne) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.
Fiscal Implications Of Trade Liberalization
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Author : Mr.David Bevan
language : en
Publisher: International Monetary Fund
Release Date : 1995-05-01
Fiscal Implications Of Trade Liberalization written by Mr.David Bevan and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-05-01 with Business & Economics categories.
This paper examines the relationship between trade liberalization and the budget deficit, which depends on the specifics of country’s economic structure, and the trade regime which is being liberalized. It relates some popular but incomplete approaches to assessing this issue (such as analysis of the foreign exchange budget) to a more comprehensive approach using an applied general equilibrium model. The argument is illustrated using data from the most recent of a sequence of abortive planned liberalizations in Kenya, as well as a number of stylized illustrations. The conclusions are not only that liberalization may be budget enhancing, but that in certain circumstances it may be strongly so.
Revenue And The Fiscal Impact Of Trade Liberalization
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Author : Ali Zafar
language : en
Publisher: World Bank Publications
Release Date : 2005
Revenue And The Fiscal Impact Of Trade Liberalization written by Ali Zafar and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Free trade categories.
First, the preferred tariff regime in terms of overall fiscal and job creation impact was the harmonized Swiss formula in contrast to a 10 and 15 percent uniform tariff. Second, a possible Regional Economic Partnership Agreement (REPA) between the European Union and l'Union 9conomique et Monťaire Ouest-Africaine (UEMOA) by 2015 that would abolish duties on EU imports to the UEMOA countries would have negative fiscal effects on Niger of more than 1 percent of GDP, positive effects on trade creation of about 1.5 percent of GDP, and ambiguous effects on local industry. While there will be some welfare gains for consumers and importers from lower import tariffs and the possibility of trade creation, the fiscal losses and adjustment costs would be significant, particularly in the machinery and transport sectors. Third, there are asymmetric gains and losses from regional integration and tariff changes, and a 10 percent uniform tariff would have the greatest impact on Niger and Togo. In sum, further trade liberalization in Niger will have significant fiscal costs, partially offset by trade creation through increased imports"--Abstract.
The Fiscal Implications Of Trade Liberalization
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Author : Adrienne Cheasty
language : en
Publisher:
Release Date : 2006
The Fiscal Implications Of Trade Liberalization written by Adrienne Cheasty and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Trade liberalization affects not only the external sector, production, and prices, but also the fiscal balance, through changes in tariff revenue, and through the sensitivity of the budget to induced changes in the exchange rate and in the level and distribution of income and employment. This paper discusses the effects of liberalization on the budget, which may differ in the short- and long-run. The short-run cost of adjustment to open trade could force the government to reverse the liberalization even if longer-term benefits could be realized. Long-run budget gains are more likely when the tax and transfer systems are broad, neutral, and efficiently administered.
Fiscal Implications Of Trade Liberalization
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Author : David Bevan
language : en
Publisher:
Release Date : 2006
Fiscal Implications Of Trade Liberalization written by David Bevan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
This paper examines the relationship between trade liberalization and the budget deficit, which depends on the specifics of country`s economic structure, and the trade regime which is being liberalized. It relates some popular but incomplete approaches to assessing this issue (such as analysis of the foreign exchange budget) to a more comprehensive approach using an applied general equilibrium model. The argument is illustrated using data from the most recent of a sequence of abortive planned liberalizations in Kenya, as well as a number of stylized illustrations. The conclusions are not only that liberalization may be budget enhancing, but that in certain circumstances it may be strongly so.
The Fiscal Implications Of Trade Liberalization
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Author : David L. Bevan
language : en
Publisher:
Release Date : 1995
The Fiscal Implications Of Trade Liberalization written by David L. Bevan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.
Fiscal Implications Of Trade Liberalization On African Countries
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Author :
language : en
Publisher:
Release Date : 2004
Fiscal Implications Of Trade Liberalization On African Countries written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.
Fiscal Implication Of Trade Liberalization
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Author : David Bevan
language : en
Publisher:
Release Date : 1995
Fiscal Implication Of Trade Liberalization written by David Bevan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.
Trade Liberalization And Its Fiscal Implications In A North South Trade Model
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Author : Joachim J. Stibora
language : en
Publisher:
Release Date : 2007
Trade Liberalization And Its Fiscal Implications In A North South Trade Model written by Joachim J. Stibora and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.