Means Of Liberalization And Beyond

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Domestic Regulation and Service Trade Liberalization

Author : Pierre Sauve
Publisher : World Bank Publications
ISBN 13 : 0821383434
Total Pages : 246 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Domestic Regulation and Service Trade Liberalization by : Pierre Sauve

Download or read book Domestic Regulation and Service Trade Liberalization written by Pierre Sauve and published by World Bank Publications. This book was released on 2003-08-29 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade in services, far more than trade in goods, is affected by a variety of domestic regulations, ranging from qualification and licensing requirements in professional services to pro-competitive regulation in telecommunications services. Experience shows that the quality of regulation strongly influences the consequences of trade liberalization. WTO members have agreed that a central task in the ongoing services negotiations will be to develop a set of rules to ensure that domestic regulations support rather than impede trade liberalization. Since these rules are bound to have a profound impact on the evolution of policy, particularly in developing countries, it is important that they be conducive to economically rational policy-making. This book addresses two central questions: What impact can international trade rules on services have on the exercise of domestic regulatory sovereignty? And how can services negotiations be harnessed to promote and consolidate domestic policy reform across highly diverse sectors? The book, with contributions from several of the world's leading experts in the field, explores a range of rule-making challenges arising at this policy interface, in areas such as transparency, standards and the adoption of a necessity test for services trade. Contributions also provide an in-depth look at these issues in the key areas of accountancy, energy, finance, health, telecommunications and transportation services.

Trade Liberalization

Author : Romain Wacziarg
Publisher : Edward Elgar Publishing
ISBN 13 : 9781788111492
Total Pages : 0 pages
Book Rating : 4.1/5 (114 download)

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Book Synopsis Trade Liberalization by : Romain Wacziarg

Download or read book Trade Liberalization written by Romain Wacziarg and published by Edward Elgar Publishing. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compelling two-volume collection presents the major literary contributions to the economic analysis of the consequences of trade liberalization on growth, productivity, labor market outcomes and economic inequality. Examining the classical theories that stress gains from trade stemming from comparative advantage, the selection also comprises more recent theories of imperfect competition, where any potential gains from trade can stem from competitive effects or the international transmission of knowledge. Empirical contributions provide evidence regarding the explanatory power of these various theories, including work on the effects of trade openness on economic growth, wages, and income inequality, as well as evidence on the effects of trade on firm productivity, entry and exit. Prefaced by an original introduction from the editor, the collection will to be an invaluable research resource for academics, practitioners and those drawn to this fascinating topic.

The Uruguay Round and Beyond

Author : Jagdish N. Bhagwati
Publisher : University of Michigan Press
ISBN 13 : 9780472086474
Total Pages : 340 pages
Book Rating : 4.0/5 (864 download)

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Book Synopsis The Uruguay Round and Beyond by : Jagdish N. Bhagwati

Download or read book The Uruguay Round and Beyond written by Jagdish N. Bhagwati and published by University of Michigan Press. This book was released on 1999 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Key players in world trade policy formation discuss the origins of the World Trade Organization--and where it is going

Capital Account Liberalization and Inequality

Author : Davide Furceri
Publisher : International Monetary Fund
ISBN 13 : 1513531409
Total Pages : 26 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Capital Account Liberalization and Inequality by : Davide Furceri

Download or read book Capital Account Liberalization and Inequality written by Davide Furceri and published by International Monetary Fund. This book was released on 2015-11-24 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the distributional impact of capital account liberalization. Using panel data for 149 countries from 1970 to 2010, we find that, on average, capital account liberalization reforms increase inequality and reduce the labor share of income in the short and medium term. We also find that the level of financial development and the occurrence of crises play a key role in shaping the response of inequality to capital account liberalization reforms.

Development, Trade, and the WTO

Author : Bernard M. Hoekman
Publisher :
ISBN 13 :
Total Pages : 682 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Development, Trade, and the WTO by : Bernard M. Hoekman

Download or read book Development, Trade, and the WTO written by Bernard M. Hoekman and published by . This book was released on 2002 with total page 682 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher's description: Developing countries are increasingly confronted with the need to address trade policy related issues in international agreements, most prominently the World Trade Organization (WTO). New WTO negotiations on a broad range of subjects were launched in November 2001. Determining whether and how international trade agreements can support economic development is a major challenge. Stakeholders in developing countries must be informed on the issues and understand how their interests can be pursued through international cooperation. This handbook offers guidance on the design of trade policy reform, surveys key disciplines and the functioning of the World Trade Organization (WTO), and discusses numerous issues and options that confront developing countries in using international cooperation to improve domestic policy and obtain access to export markets. Many of the issues discussed are also relevant in the context of regional integration agreements. Separate sections of the handbook summarize what constitutes sound trade policy; the major aspects of the WTO from a development perspective; policy issues in the area of merchandise trade and the liberalization of international transactions in services; protection of intellectual property rights and economic development; new regulatory subjects that are emerging in the agenda of trade talks; and enhancing participation of developing countries in the global trading system.

Agricultural Markets Beyond Liberalization

Author : Aad van Tilburg
Publisher : Springer Science & Business Media
ISBN 13 : 1461545234
Total Pages : 300 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Agricultural Markets Beyond Liberalization by : Aad van Tilburg

Download or read book Agricultural Markets Beyond Liberalization written by Aad van Tilburg and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural markets have entered a long-term process of liberalization, with the aim of reducing imposed market imperfections such as monopolistic public trade, entry barriers and subsidies. The experience of more than a decade of agriculture liberalization offers a good opportunity to review and analyze the outcome of this process and to draw lessons for the future. The central topic in Agricultural Markets Beyond Liberalization is the relationship between market structure and how markets perform in a dynamic context during a liberalization process. The topic is studied from both a micro and macro viewpoint and refers to different types of agricultural markets. This volume brings together the dynamics of agricultural markets in several parts of the world, with a special focus on transition economics and Africa. The different studies cover geographical areas as wide as a district as well as a group of countries, and institutions from individual contracts to multi-national organizations. The analysis of liberalization under different circumstances, and the different methods of analysis used by the authors provide a valuable foundation for the assessment of liberalization.

Negotiating Free-trade Agreements

Author : Walter Goode
Publisher :
ISBN 13 : 9781921244957
Total Pages : 208 pages
Book Rating : 4.2/5 (449 download)

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Book Synopsis Negotiating Free-trade Agreements by : Walter Goode

Download or read book Negotiating Free-trade Agreements written by Walter Goode and published by . This book was released on 2009 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Development as Freedom

Author : Amartya Sen
Publisher : Anchor
ISBN 13 : 030787429X
Total Pages : 385 pages
Book Rating : 4.3/5 (78 download)

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Book Synopsis Development as Freedom by : Amartya Sen

Download or read book Development as Freedom written by Amartya Sen and published by Anchor. This book was released on 2011-05-25 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework for understanding economic development--for both rich and poor--in the twenty-first century. Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities. In the new global economy, where, despite unprecedented increases in overall opulence, the contemporary world denies elementary freedoms to vast numbers--perhaps even the majority of people--he concludes, it is still possible to practically and optimistically restain a sense of social accountability. Development as Freedom is essential reading.

World Development Report 2020

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 1464814953
Total Pages : 545 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis World Development Report 2020 by : World Bank

Download or read book World Development Report 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-19 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.

Elgar Encyclopedia of International Economic Law

Author : Krista Nadakavukaren Schefer
Publisher :
ISBN 13 : 9781800882317
Total Pages : 0 pages
Book Rating : 4.8/5 (823 download)

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Book Synopsis Elgar Encyclopedia of International Economic Law by : Krista Nadakavukaren Schefer

Download or read book Elgar Encyclopedia of International Economic Law written by Krista Nadakavukaren Schefer and published by . This book was released on 2025-08-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This revised and expanded Encyclopedia is the new benchmark and flagship reference work for the study of international economic law. A comprehensive resource, its pages present the breadth of the field in a real-world context. Organized thematically rather than alphabetically, the Encyclopedia includes four significant thematic sections: the foundations, architecture and principles of international economic law; regulatory framework; regulatory areas; and regulatory challenges. Including updated and new entries, traditional international economic law topics are now supplemented by coverage of critical perspectives and a broader range of newly developing areas such as taxation, sustainability, and digitalization. Concepts and rules of trade, investment, finance, competition, and international tax law are found alongside entries examining how international economic law impacts on environmental protection, labor standards, development, and human rights. Embedded within its own legal context, each concise entry presents an accessible and condensed understanding of what it means and why it is significant. Contributors offer insight into how institutions interact with each other and other legal systems, in addition to providing individual overviews of their history, structure, principles and procedures. Entries are followed by selected references suggesting directions for further study. Completely new to this edition is an entire section of extended entries on specific jurisdictions focusing on how these contribute to and engage with international economic law. These longer pieces describe the national legal frameworks responsible for developing international policies on trade investment, financial regulation, and tax, offering insight into how international rules actually work at the national level. Key Features: Concise, structured entries from top experts and new voices in the field Organised thematically, covering newly developing areas of international economic law Selected references for further study

Liberalization Challenges in Hungary

Author : U. Korkut
Publisher : Springer
ISBN 13 : 1137075678
Total Pages : 382 pages
Book Rating : 4.1/5 (37 download)

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Book Synopsis Liberalization Challenges in Hungary by : U. Korkut

Download or read book Liberalization Challenges in Hungary written by U. Korkut and published by Springer. This book was released on 2012-06-18 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Hungary, as in all of "new Europe," liberalization is troubled. Using Hungary as an in-depth case study, Korkut demonstrates that, in squandering popular goodwill, credibility, and favorable circumstances after 1989, liberal politicians have found themselves vulnerable to conservative populist politics and the global economic crisis.

Reinventing State Capitalism

Author : Aldo Musacchio
Publisher : Harvard University Press
ISBN 13 : 0674419596
Total Pages : 358 pages
Book Rating : 4.6/5 (744 download)

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Book Synopsis Reinventing State Capitalism by : Aldo Musacchio

Download or read book Reinventing State Capitalism written by Aldo Musacchio and published by Harvard University Press. This book was released on 2014-04-22 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: The wave of liberalization that swept world markets in the 1980s and 90s altered the ways that governments manage their economies. Reinventing State Capitalism analyzes the rise of new species of state capitalism in which governments interact with private investors either as majority or minority shareholders in publicly-traded corporations or as financial backers of purely private firms (the so-called “national champions”). Focusing on a detailed quantitative assessment of Brazil’s economic performance from 1976 to 2009, Aldo Musacchio and Sergio Lazzarini examine how these models of state capitalism influence corporate investment and performance. According to one model, the state acts as a majority investor, granting the state-owned enterprise (SOE) financial autonomy and allowing professional management. This form, the authors argue, has reduced many agency problems commonly faced by state ownership. According to another hybrid model, the state uses sovereign wealth funds, holding companies, and development banks to acquire a small share of equity ownership in a corporation, thereby potentially alleviating capital constraints and leveraging latent capabilities. Both models have benefits and costs. Yet neither model has entirely eliminated the temptation of governments to intervene in the operation of natural resource industries and other large strategic enterprises. Nevertheless, the longstanding debate over whether private ownership is superior or inferior to state capitalism has become irrelevant, Musacchio and Lazzarini conclude. Private ownership is now mingled with state capital on a global scale.

Rivals beyond Trade

Author : Dennis J. Encarnation
Publisher : Cornell University Press
ISBN 13 : 150172391X
Total Pages : 242 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Rivals beyond Trade by : Dennis J. Encarnation

Download or read book Rivals beyond Trade written by Dennis J. Encarnation and published by Cornell University Press. This book was released on 2018-07-05 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: No detailed description available for "Rivals beyond Trade".

Capital Liberalization in Transition Countries

Author : Age Bakker
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781957486
Total Pages : 282 pages
Book Rating : 4.9/5 (574 download)

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Book Synopsis Capital Liberalization in Transition Countries by : Age Bakker

Download or read book Capital Liberalization in Transition Countries written by Age Bakker and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This collection provides an excellent account of the diverging ways countries in varying parts of the world went about liberalizing capital flows. Case studies of transition countries are set against the background of more general studies analysing the Asian and Latin American experience, as well as the earlier liberalization processes in economically advanced countries. The reader gets a lively picture of the many pitfalls that beset the road to full capital liberalization and will realise that there is no single best way to liberalize. The authors strike one as unprejudiced and far from dogmatic, out to learn from experience rather than trying to impose some particular point of view.' - Hans Visser, Vrije Universiteit, Amsterdam, The Netherlands This significant new book provides a succinct overview of the essential policy issues surrounding capital liberalization. The book compares the experiences of transition economies in Europe with those of advanced nations, allowing the reader to examine the changing international economic and financial environment within which transition countries have to liberalize.

Liberalization's Children

Author : Ritty A. Lukose
Publisher : Duke University Press
ISBN 13 : 0822391244
Total Pages : 302 pages
Book Rating : 4.8/5 (223 download)

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Book Synopsis Liberalization's Children by : Ritty A. Lukose

Download or read book Liberalization's Children written by Ritty A. Lukose and published by Duke University Press. This book was released on 2009-11-13 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Liberalization’s Children explores how youth and gender have become crucial sites for a contested cultural politics of globalization in India. Popular discourses draw a contrast between “midnight’s children,” who were rooted in post-independence Nehruvian developmentalism, and “liberalization’s children,” who are global in outlook and unapologetically consumerist. Moral panics about beauty pageants and the celebration of St. Valentine’s Day reflect ambivalence about the impact of an expanding commodity culture, especially on young women. By simply highlighting the triumph of consumerism, such discourses obscure more than they reveal. Through a careful analysis of “consumer citizenship,” Ritty A. Lukose argues that the breakdown of the Nehruvian vision connects with ongoing struggles over the meanings of public life and the cultural politics of belonging. Those struggles play out in the ascendancy of Hindu nationalism; reconfigurations of youthful, middle-class femininity; attempts by the middle class to alter understandings of citizenship; and assertions of new forms of masculinity by members of lower castes. Moving beyond elite figurations of globalizing Indian youth, Lukose draws on ethnographic research to examine how non-elite college students in the southern state of Kerala mediate region, nation, and globe. Kerala sits at the crossroads of development and globalization. Held up as a model of left-inspired development, it has also been transformed through an extensive and largely non-elite transnational circulation of labor, money, and commodities to the Persian Gulf and elsewhere. Focusing on fashion, romance, student politics, and education, Lukose carefully tracks how gender, caste, and class, as well as colonial and postcolonial legacies of culture and power, affect how students navigate their roles as citizens and consumers. She explores how mass-mediation and an expanding commodity culture have differentially incorporated young people into the structures and aspirational logics of globalization.

Capital Account Liberalization

Author : Peter Blair Henry
Publisher :
ISBN 13 : 9780979037634
Total Pages : 82 pages
Book Rating : 4.0/5 (376 download)

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Book Synopsis Capital Account Liberalization by : Peter Blair Henry

Download or read book Capital Account Liberalization written by Peter Blair Henry and published by . This book was released on 2006 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Writings on the macroeconomic impact of capital account liberalization find few, if any, robust effects of liberalization on real variables. In contrast to the prevailing wisdom, I argue that the textbook theory of liberalization holds up quite well to a critical reading of this literature. The lion's share of papers that find no effect of liberalization on real variables tell us nothing about the empirical validity of the theory, because they do not really test it. This paper explains why it is that most studies do not really address the theory they set out to test. It also discusses what is necessary to test the theory and examines papers that have done so. Studies that actually test the theory show that liberalization has significant effects on the cost of capital, investment, and economic growth"--National Bureau of Economic Research web site.

Regionalism versus Multilateralism

Author : L. Alan Winters
Publisher : World Bank Publications
ISBN 13 : 9703111149
Total Pages : 76 pages
Book Rating : 4.7/5 (31 download)

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Book Synopsis Regionalism versus Multilateralism by : L. Alan Winters

Download or read book Regionalism versus Multilateralism written by L. Alan Winters and published by World Bank Publications. This book was released on 1999 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: November 1996 Do the forces that regional integration arrangements set up encourage or discourage a trend toward globally freer trade? We don't know yet. The literature on regionalism versus multilateralism is growing as economists and political scientists grapple with the question of whether regional integration arrangements are good or bad for the multilateral system. Are regional integration arrangements building blocks or stumbling blocks, in Jagdish Bhagwati's phrase, or stepping stones toward multilateralism? As economists worry about the ability of the World Trade Organization to maintain the GATT's unsteady yet distinct momentum toward liberalism, and as they contemplate the emergence of world-scale regional integration arrangements (the EU, NAFTA, FTAA, APEC, and, possibly, TAFTA), the question has never been more pressing. Winters switches the focus from the immediate consequences of regionalism for the economic welfare of the integrating partners to the question of whether it sets up forces that encourage or discourage evolution toward globally freer trade. The answer is, We don't know yet. One can build models that suggest either conclusion, but these models are still so abstract that they should be viewed as parables rather than sources of testable predictions. Winters offers conclusions about research strategy as well as about the world we live in. Among the conclusions he reaches: * Since we value multilateralism, we had better work out what it means and, if it means different things to different people, make sure to identify the sense in which we are using the term. * Sector-specific lobbies are a danger if regionalism is permitted because they tend to stop blocs from moving all the way to global free trade. In the presence of lobbies, trade diversion is good politics even if it is bad economics. * Regionalism's direct effect on multilateralism is important, but possibly more so is the indirect effect it has by changing the ways in which groups of countries interact and respond to shocks in the world economy. * Regionalism, by allowing stronger internalization of the gains from trade liberalization, seems likely to facilitate freer trade when it is initially highly restricted. * The possibility of regionalism probably increases the risks of catastrophe in the trading system. The insurance incentives for joining regional arrangements and the existence of shiftable externalities both lead to such a conclusion. So too does the view that regionalism is a means to bring trade partners to the multilateral negotiating table because it is essentially coercive. Using regionalism for this purpose may have been an effective strategy, but it is also risky. This paper - a product of the International Trade Division, International Economics Department - was prepared for a conference on regional integration sponsored by the Centre for Economic Policy Research, La Coru-a, Spain, April 26-27, 1996, and will appear in the conference proceedings.