Testing the Imports-as-market-discipline Hypothesis

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Publisher :
ISBN 13 :
Total Pages : 18 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Testing the Imports-as-market-discipline Hypothesis by : James Levinsohn

Download or read book Testing the Imports-as-market-discipline Hypothesis written by James Levinsohn and published by . This book was released on 1991 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Testing the Import-as-market-discipline Hypothesis

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Publisher :
ISBN 13 :
Total Pages : 23 pages
Book Rating : 4.:/5 (655 download)

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Book Synopsis Testing the Import-as-market-discipline Hypothesis by : James Levinsohn

Download or read book Testing the Import-as-market-discipline Hypothesis written by James Levinsohn and published by . This book was released on 1991 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Imports, Entry, and Competition Law as Market Disciplines

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4./5 ( download)

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Book Synopsis Imports, Entry, and Competition Law as Market Disciplines by : Bernard M. Hoekman

Download or read book Imports, Entry, and Competition Law as Market Disciplines written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 2003 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 1990s numerous countries have adopted or strengthened competition legislation. Kee and Hoekman investigate the impact of competition law on industry markups over time and across a large number of countries. They find both domestic and foreign competition to be major sources of market discipline in concentrated markets, but that the direct effect of competition law is insignificant. However, once allowance is made for the endogeneity of both domestic competiton (number of firms) and the adoption of a competition law, the authors find that competition laws have an indirect effect on equilibrium markups by promoting a larger number of domestic firms. This paper--a product of Trade, Development Research Group--is part of a larger effort in the group to study the links between trade and competition policies.

Post-Chicago Developments in Antitrust Law

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781843767039
Total Pages : 364 pages
Book Rating : 4.7/5 (67 download)

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Book Synopsis Post-Chicago Developments in Antitrust Law by : Antonio Cucinotta

Download or read book Post-Chicago Developments in Antitrust Law written by Antonio Cucinotta and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work offers a critical evaluation of the Chicago approach to antitrust. The authors discuss the economic foundations of competition policy and the different ways in which both American and European competition law does - or does not - take account of economic insights.

International Finance

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Publisher : Routledge
ISBN 13 : 1135975183
Total Pages : 1159 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis International Finance by : Maurice D. Levi

Download or read book International Finance written by Maurice D. Levi and published by Routledge. This book was released on 2009-05-08 with total page 1159 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fifth edition of Maurice D. Levi’s classic textbook has been updated to incorporate the massive changes in the world of international finance of the past few years. In particular, the emergence of new markets is given broad coverage – particularly the rise to financial prominence of China and India and other growth economies in Asia and elsewhere. Key features of the book include: the impact of globalization and the greater connectedness of national economies and the world economy as a whole probably the best introduction to exchange rates available and how they directly impact upon firms as well as governments the continued massive impact of multinational corporations on the global financial scene as well as the opportunities presented by e-commerce. The material is interlaced with a wealth of supplementary material including real world case studies, review questions, examples and objectives. The result is the most authoritative survey of international finance currently available. Thoroughly updated and with a large amount of new information, this text will prove an indispensable guide to the inner workings of international finance to students of economics and business as well as professionals in the finance industry.

Effects of Globalization on Developing Countries

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Publisher : World Bank Publications
ISBN 13 : 9780821332856
Total Pages : 108 pages
Book Rating : 4.3/5 (328 download)

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Book Synopsis Effects of Globalization on Developing Countries by : World Bank

Download or read book Effects of Globalization on Developing Countries written by World Bank and published by World Bank Publications. This book was released on 1996 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This year's study focuses on the effects of globalization on developing countries and the growing divide between fast and slow-integrating economies. The pace of global economic integration continues to accelerate dramatically. In the ten years from 1985 to 1994, the ratio of world trade to GDP rose three times faster than during the previous decade. During this same ten-year period, foreign direct investment (FDI) doubled as a share of global GDP. Developing countries also participated extensively in the acceleration of global integration. A closer look, however, reveals sharp disparities between countries. Though developing countries in the aggregate kept pace with the world rate of trade integration, the ratio of trade to GDP actually fell in some 44 out of 93 developing countries in the last ten years. There were similar disparities in the distribution of FDI: two-thirds of total FDI went to just eight developing countries; half received little or none. This trend is likely to continue. Projections indicate that trade and investment will accelerate in those countries which open up to the global economy, and stay stagnant in those that do not. At the same time, there has never been a better time for developing countries to integrate. Projected generally favorable conditions in the global economy, including stable energy prices, low interest rates and inflation, and improved communications and transportation technology, have created an environment conducive to market liberalization. Moreover, traditional obstacles to developing country integration, such as high tariff barriers, are falling rapidly. Many developing countries in every part of the world have successfully pursued policies of greater openness to the global economy, and there is much to learn from their experience. The report documents the evidence, provides case study analyses, and makes recommendations about best-practice approaches to market liberalization, especially in the areas of trade and commodities. For many developing countries, successful globalization depends on fundamental economic reform, requiring difficult policy decisions that often lead to real short-term dislocation. These costs must be acknowledged from the outset, and the effects carefully taken into account in the design of the programs. But the costs are manageable. In fact, openness to external trade and investment is often the necessary first step to solid, sustainable economic development.

Free Trade under Fire

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Publisher : Princeton University Press
ISBN 13 : 0691166250
Total Pages : 368 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Free Trade under Fire by : Douglas A. Irwin

Download or read book Free Trade under Fire written by Douglas A. Irwin and published by Princeton University Press. This book was released on 2015-06-30 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growing international trade has helped lift living standards around the world, and yet free trade is always under attack. Critics complain that trade forces painful economic adjustments, such as plant closings and layoffs of workers, and charge that the World Trade Organization serves the interests of corporations, undercuts domestic environmental regulations, and erodes America's sovereignty. Why has global trade—and trade agreements such as NAFTA—become so controversial? Does free trade deserve its bad reputation? In Free Trade under Fire, Douglas Irwin sweeps aside the misconceptions that litter the debate over trade and gives the reader a clear understanding of the issues involved. This fourth edition has been thoroughly updated to include the most recent policy developments and the latest research findings on the impact of trade.

Handbook of Commercial Policy

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Publisher : Elsevier
ISBN 13 : 044463925X
Total Pages : 870 pages
Book Rating : 4.4/5 (446 download)

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Book Synopsis Handbook of Commercial Policy by :

Download or read book Handbook of Commercial Policy written by and published by Elsevier. This book was released on 2016-12-01 with total page 870 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Commercial Policy explores three main topics that permeate the study of commercial policy. The first section presents a broad set of basic empirical facts regarding the pattern and evolution of commercial policy, with the second section investigating the crosscutting legal issues relating to the purpose and design of agreements. Final sections cover key issues of commercial policy in the modern global economy. Every chapter in the book provides coverage from the perspectives of multilateral, and where appropriate, preferential trade agreements. While most other volumes are policy-oriented, this comprehensive guide explores the ways that intellectual thinking and rigor organize research, further making frontier-level synthesis and current theoretical, and empirical, research accessible to all. Covers the research areas that are critical for understanding how the world of commercial policy has changed, especially over the last 20 years Presents the way in which research on the topic has evolved Scrutinizes the economic modeling of bargaining and legal issues Useful for examining the theory and empirics of commercial policy

Handbook of International Trade Agreements

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Publisher : Routledge
ISBN 13 : 1351046934
Total Pages : 462 pages
Book Rating : 4.3/5 (51 download)

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Book Synopsis Handbook of International Trade Agreements by : Robert E. Looney

Download or read book Handbook of International Trade Agreements written by Robert E. Looney and published by Routledge. This book was released on 2018-10-03 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade has, for decades, been central to economic growth and improved standards of living for nations and regions worldwide. For most of the advanced countries, trade has raised standards of living, while for most emerging economies, growth did not begin until their integration into the global economy. The economic explanation is simple: international trade facilitates specialization, increased efficiency and improved productivity to an extent impossible in closed economies. However, recent years have seen a significant slowdown in global trade, and the global system has increasingly come under attack from politicians on the right and on the left. The benefits of open markets, the continuation of international co-operation, and the usefulness of multilateral institutions such as the World Trade Organization (WTO), the International Monetary Fund and the World Bank have all been called into question. While globalization has had a broadly positive effect on overall global welfare, it has also been perceived by the public as damaging communities and social classes in the industrialized world, spawning, for example, Brexit and the US exit from the Trans-Pacific Partnership. The purpose of this volume is to examine international and regional preferential trade agreements (PTAs), which offer like-minded countries a possible means to continue receiving the benefits of economic liberalization and expanded trade. What are the strengths and weaknesses of such agreements, and how can they sustain growth and prosperity for their members in an ever-challenging global economic environment? The Handbook is divided into two parts. The first, Global Themes, offers analysis of issues including the WTO, trade agreements and economic development, intellectual property rights, security and environmental issues, and PTAs and developing countries. The second part examines regional and country-specific agreements and issues, including NAFTA, CARICOM, CETA, the Pacific Alliance, the European Union, EFTA, ECOWAS, SADC, TTIP, RCEP and the TPP (now the CPTPP), as well as the policies of countries such as Japan and Australia.

How to Achieve Inclusive Growth

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Publisher : Oxford University Press
ISBN 13 : 0192846930
Total Pages : 901 pages
Book Rating : 4.1/5 (928 download)

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Book Synopsis How to Achieve Inclusive Growth by : Valerie Cerra

Download or read book How to Achieve Inclusive Growth written by Valerie Cerra and published by Oxford University Press. This book was released on 2022-01-22 with total page 901 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. Leading academic economists have partnered with experts from several international institutions to explain the sources and scale of these challenges. They gather a wide array of empirical evidence and country experiences to lay out practical policy solutions and to devise a comprehensive and unified plan of action for combatting these economic and social disparities. This authoritative book is accessible to policy makers, students, and the general public interested in how to craft a brighter future by building a sustainable, green, and inclusive society in the years ahead.

Global Economic Prospects 2003

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Publisher : World Bank Publications
ISBN 13 : 9780821353387
Total Pages : 250 pages
Book Rating : 4.3/5 (533 download)

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Book Synopsis Global Economic Prospects 2003 by :

Download or read book Global Economic Prospects 2003 written by and published by World Bank Publications. This book was released on 2003 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 13th edition of this annual publication focuses on the global and national dimensions of the investment climate for developing countries, that is the policy and institutional environment that fosters entrepreneurship and productive investment. Issues discussed include: the effects of current developments in the world economy; ways that the international community can help foster economic growth and reduce poverty levels; the need for sound national policies, particularly to encourage competition, in order for developing countries to reap the benefits of globalisation; and the potential for a new World Trade Organization agreement on investment and competition.

Global Integration and Technology Transfer

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Publisher : World Bank Publications
ISBN 13 : 0821361260
Total Pages : 370 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Global Integration and Technology Transfer by : Bernard M. Hoekman

Download or read book Global Integration and Technology Transfer written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 2006-04-27 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of international technology diffusion (ITD) for economic development can hardly be overstated. Both the acquisition of technology and its diffusion foster productivity growth. Developing countries have long sought to use both national policies and international agreements to stimulate ITD. The 'correct' policy intervention, if any, depends critically upon the channels through which technology diffuses internationally and the quantitative effects of the various diffusion processes on efficiency and productivity growth. Neither is well understood. New technologies may be embodied in goods and transferred through imports of new varieties of differentiated products or capital goods and equipment, they may be obtained through exposure to foreign buyers or foreign investors or they may be acquired through arms-length trade in intellectual property, e.g., licensing contracts. 'Global Integration and Technology Transfer' uses cross-country and firm level panel data sets to analyze how specific activities exporting, importing, FDI, joint ventures impact on productivity performance.

Business Regulation and Economic Performance

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Publisher : World Bank Publications
ISBN 13 : 0821381458
Total Pages : 294 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Business Regulation and Economic Performance by : Norman V. Loayza

Download or read book Business Regulation and Economic Performance written by Norman V. Loayza and published by World Bank Publications. This book was released on 2010-01-11 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Schumpeterian process of 'creative destruction' is an essential ingredient of a dynamic economy. In many countries around the world, however, this process is weakened by pervasive regulation of product and factor markets. This book documents the regulatory obstacles faced by firms, particularly in developing countries, and assesses their implications for firm renewal and macroeconomic performance. Combining a variety of methodological approaches--analytical and empirical, micro and macroeconomic, single- and cross-country-- the book provides evidence that streamlining the regulatory framework would have a significant social pay-off, particularly in developing countries that are also burdened by weak governance. The book's chapters trace out analytically and empirically the links between microeconomic policies and distortions, on the one hand, and aggregate performance in terms of productivity, growth and volatility, on the other. The volume adds to a novel but increasingly influential literature that seeks to understand macroeconomic phenomena from a microeconomic perspective, and derive the relevant lessons for development policy. Such literature is still fairly scarce in the case of industrial countries, and virtually in its infancy for developing countries.

Imperfect Competition and International Trade

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Publisher : MIT Press
ISBN 13 : 9780262570930
Total Pages : 414 pages
Book Rating : 4.5/5 (79 download)

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Book Synopsis Imperfect Competition and International Trade by : Gene M. Grossman

Download or read book Imperfect Competition and International Trade written by Gene M. Grossman and published by MIT Press. This book was released on 1992 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects 19 of the most influential articles on trade with imperfect competition, providing ready access to current research by top-level economists.

Economic Development, Competition Policy, and the World Trade Organization

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4./5 ( download)

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Book Synopsis Economic Development, Competition Policy, and the World Trade Organization by : Bernard M. Hoekman

Download or read book Economic Development, Competition Policy, and the World Trade Organization written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 2002 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the recent World Trade Organization (WTO) ministerial meeting in Doha, Qatar, WTO members called for the launch of negotiations on disciplines relating to competition based on explicit consensus on modalities to be agreed at the fifth WTO ministerial meeting in 2003. WTO discussions since 1997 have revealed little support for ambitious multilateral action. Proponents of the WTO antitrust disciplines currently propose an agreement that is limited to "core principles"-nondiscrimination, transparency, and provisions banning "hard core" cartels. The authors argue that an agreement along such lines will create compliance costs for developing countries without addressing the anticompetitive behavior of firms located in foreign jurisdictions. To be unambiguously beneficial to low-income countries, any WTO antitrust disciplines should recognize the capacity constraints that prevail in these economies, make illegal collusive business practices by firms with international operations that raise prices in developing country markets, and require competition authorities in high-income countries to take action against firms located in their jurisdictions to defend the interests of affected developing country consumers. More generally, a case is made that traditional liberalization commitments using existing WTO fora will be the most effective means of lowering prices and increasing access to an expanded variety of goods and services.

Linking Competition and Trade Policies in Central and East European Countries

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4./5 ( download)

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Book Synopsis Linking Competition and Trade Policies in Central and East European Countries by : Bernard M. Hoekman

Download or read book Linking Competition and Trade Policies in Central and East European Countries written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 1994 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trade Policy, Inequality and Performance in Indian Manufacturing

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Author :
Publisher : Taylor & Francis
ISBN 13 : 0415413354
Total Pages : 187 pages
Book Rating : 4.4/5 (154 download)

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Book Synopsis Trade Policy, Inequality and Performance in Indian Manufacturing by : Kunal Sen

Download or read book Trade Policy, Inequality and Performance in Indian Manufacturing written by Kunal Sen and published by Taylor & Francis. This book was released on 2009 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the implications of trade reforms with reference to the 1991 reforms for India's manufacturing sector. The gradualist nature of the reform process, the move from a restrictive policy regime to an open one, and the unevenness of the reforms across sectors make the Indian economy a relevant context for understanding the welfare implications of trade reforms.