Trade Policies Macroecononomic Adjustment And Manufacrured Exports
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Trade Policies Macroecononomic Adjustment And Manufacrured Exports
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Author : Sarath Rajapatirana
language : en
Publisher: World Bank Publications
Release Date : 1995
Trade Policies Macroecononomic Adjustment And Manufacrured Exports written by Sarath Rajapatirana 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 1995 with Economic stabilization categories.
Trade Policies Macroeconomic Adjustment And Manufactured Exports
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Author : Sarath Rajapatirana
language : en
Publisher:
Release Date : 2016
Trade Policies Macroeconomic Adjustment And Manufactured Exports written by Sarath Rajapatirana and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
The author examines the relationship between trade policies and macroeconomic adjustment in six Latin American countries: Argentina, Brazil, Chile, Colombia, Costa Rica and Mexico. For the period 1965-94, the six countries experienced 26 trade policy episodes: 11 tightening, and 15 loosening of trade policies. For the analysis, the author worked with four periods that coincided with different prevailing exchange rate regimes: 1965-73, 1974-79, 1980-83 and 1984-04. Using a probit model, he examined the relationship between tightening and loosening trade policies and the current account balance, the exchange rate, and the growth in manufactured exports. His main conclusions: 1) experience in these six countries for 1965-94 confirmed the hypothesis that trade restrictions cannot solve current account problems; 2) for trade liberalization to work, there must be real devaluation either before or during liberalization. Reluctance to devalue, for one reason or another, may lead to trade restrictions. There is evidence that trade restrictions were used in lieu of devaluations during 1965-83. In 1984-94, however, the reluctance to devalue was overcome; 3) growth in manufactured exports helps maintain trade reform and release the economy from foreign exchange constraints. As expected, trade liberalization improved exports (liberalization reduces the bias against exports) while trade tightening hurt them; and 4) The impact of trade reform on the fiscal system cannot be predicted because tax revenues can go in either direction depending on initial conditions, the elasticity of supply in importable and exportable sectors, and the economy's growth rate.
Trade Policy And Industrialization In Turbulent Times
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Author : Gerry Helleiner
language : en
Publisher: Routledge
Release Date : 2002-09-11
Trade Policy And Industrialization In Turbulent Times written by Gerry Helleiner and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-11 with Business & Economics categories.
The relationship between trade policy and industrialization has provoked much controversy. Can trade policy promote economic growth in developing countries? Those actively working in the area are becoming increasingly sceptical about the conventional advice given by international policy advisors and organizations. This volume builds upon earlier theoretical and empirical research on trade policy and industrialization but is the first cross-the-board attempt to review developing country experiences in this realm for twenty years. The experience of fourteen developing countries in the 1970s and 1980s is assessed by the contributors, each of whom have a detailed understanding of their country's recent experience.
Best Practices In Trade Policy Reform
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Author : Vinod Thomas
language : en
Publisher: World Bank Publications
Release Date : 1991
Best Practices In Trade Policy Reform written by Vinod Thomas 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 1991 with Business & Economics categories.
It was recognized by many developing countries in the 1980s that integration with the global economy is necessary for economic development and technological progress. Efforts to liberalize trade were controversial. A unique body of evidence on developing country trade liberalization will examine why outcomes have varied from one country to another. The political economy of trade liberalization and the interaction among trade and domestic reform, macro-economic stability, and export development is examined using: (a) cross-sectional data, (b) country studies, (c) and interviews. The sequencing of reforms and implications for multilateral trade negotiations, foreign direct investment, and regional integration schemes is an additional consideration. The emphasis is on practical problems-economic and political-and recommendations of how policies can be designed and implemented to yield stronger and more sustainable results.
Foreign Trade Reforms And Development Strategy
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Author : Jean-Marc Fontaine
language : en
Publisher: Routledge
Release Date : 2005-07-27
Foreign Trade Reforms And Development Strategy written by Jean-Marc Fontaine and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-07-27 with Business & Economics categories.
An effective rebuttal to the orthodox view that developing countries should liberalise their trade policies. The contributors consider both the theoretical framework and the empirical evidence.
Trade And Growth
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Author : Manuel Agosin
language : en
Publisher:
Release Date : 1993
Trade And Growth written by Manuel Agosin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
A re-examination of the role of trade policy in development strategies through analyses and five country studies of semi-industrialized economies, this book shows that sustained growth performance is associated with policies geared to the creation of competitiveness in new sectors, rather than to the exploitation of current comparative advantages. This has required selectivity in trade policy and an activist exchange rate policy. The book also places the current trade policy debates in the context of the international policy environment that is emerging in an increasingly globalized world economy.
Trade And Inclusive Growth
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2021-03-12
Trade And Inclusive Growth 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 2021-03-12 with Business & Economics categories.
This paper surveys the literature on the relationship between international trade and inclusive growth. It examines claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition, especially from EMEs like China, spurring trade tensions and protectionist measures. The paper investigates the conflicting literature showing the aggregate benefits of trade versus the adverse and persistent impact of trade, especially import competition, on specific industries and local communities. The paper then reviews the evidence for using trade policies and other complementary policies for adjustment and compensation to those groups adversely affected by trade.
Comparative Advantage Trade Policy And Economic Development
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Author : Bela Balassa
language : en
Publisher:
Release Date : 1989
Comparative Advantage Trade Policy And Economic Development written by Bela Balassa and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Commercial policy categories.
U S Trade Policy And Global Growth
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Author : Robert A. Blecker
language : en
Publisher: Routledge
Release Date : 1996
U S Trade Policy And Global Growth written by Robert A. Blecker and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Competition, International categories.
This collection of essays offers critical perspectives on current issues in the international economy. Divided into four parts, U.S. Trade Policy and Global Growth discusses managed trade and international interdependence, the effect of trade on domestic wages and employment, the costs and benefits of trade protection, and likely effects of NAFTA. The collection also addresses the U.S. trade deficit and presents a Keynesian proposal for international monetary reform. Part IV focuses on issues facing developing countries in the areas of trade, industrial, and financial policy. Rejecting the dogma that pure free-market policies should be accepted as articles of religious faith, in either international trade or domestic policy, the contributors search for trade and macro policies that can achieve balanced growth with high employment and an equitable distribution of income in both the United States and the rest of the world.
Trade Liberalisation In Sri Lanka
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Author : Ganeshan Wignaraja
language : en
Publisher: Springer
Release Date : 1998-04-12
Trade Liberalisation In Sri Lanka written by Ganeshan Wignaraja and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-04-12 with Business & Economics categories.
The East Asian experience suggests that technological development is fundamental to export success in outward-oriented economies. This study analyses export performance in Sri Lanka at a national and firm level, focusing on the acquisition of industrial technological capabilities during a period of trade liberalization. It compares Sri Lanka's record with Korea, Taiwan and Thailand. Analysis of the export and technological record of enterprises of varying performance highlights the policies which enhance competitiveness in developing and transition economies.