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Value Of Wto Trade Agreements In A New Keynesian Model
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Book Synopsis Value of WTO Trade Agreements in a New Keynesian Model by : Mr.Giovanni Ganelli
Download or read book Value of WTO Trade Agreements in a New Keynesian Model written by Mr.Giovanni Ganelli and published by International Monetary Fund. This book was released on 2015-02-25 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: We revisit the question of the quantitative benefits of WTO trade agreements in a setup that is non-standard from the traditional trade policy point of view. We show that in a New Keynesian model, unilateral trade liberalization reduces welfare due to terms-of-trade deterioration, creating an incentive for a trade agreement. For realistic parameter values, the value of an agreement, which cuts tariffs by one percentage point, is 0.5% to 2% of consumption, much larger than in trade models. The intuition for this result hinges on some New Keynesian features of our framework, such as imperfect competition and endogenous labor supply.
Book Synopsis Value of WTO Trade Agreements in a New Keynesian Model by : Giovanni Ganelli
Download or read book Value of WTO Trade Agreements in a New Keynesian Model written by Giovanni Ganelli and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade Multilateralism in the Twenty-First Century by : Alexei Kireyev
Download or read book Trade Multilateralism in the Twenty-First Century written by Alexei Kireyev and published by Cambridge University Press. This book was released on 2017-12-14 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade multilateralism in the twenty-first century faces a serious test as weakness in the global economy and fast-paced technological changes create a challenging environment for world trade. This book examines how an updated and robust, rules-based multilateral framework, anchored in the WTO, remains indispensable to maximizing the benefits of global economic integration and to reviving world trade. By examining recent accessions to the WTO, it reveals how the growing membership of the WTO has helped to support domestic reforms and to strengthen the rules-based framework of the WTO. It argues that the new realities of the twenty-first century require an upgrade to the architecture of the multilateral trading system. By erecting its 'upper floors' on the foundation of existing trade rules, the WTO can continue to adapt to a fast-changing environment and to maximize the benefits brought about by its ever-expanding membership.
Author :International Monetary Fund. Research Dept. Publisher :International Monetary Fund ISBN 13 :1513503979 Total Pages :15 pages Book Rating :4.5/5 (135 download)
Book Synopsis IMF Research Bulletin, June 2015 by : International Monetary Fund. Research Dept.
Download or read book IMF Research Bulletin, June 2015 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2015-06-18 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the June 2015 issue, the Research Summaries review "Migration: An Attractive Insurance Option in African Countries" (Ahmat Jidoud) and "Investment in Emerging Markets" (Nicolas E. Magud and Sebastian Sosa). The Q&A looks at "Seven Questions on Islamic Finance” (Inutu Lukonga). The Bulletin also includes its regular listings of recent IMF Working Papers and Staff Discussion Notes, as well as information on the "IMF Economic Review." A new IMF eLibrary discussion site on energy and climate change is highlighted, along with new recommendations from IMF Publications.
Book Synopsis Trade in Goods by : Petros C. Mavroidis
Download or read book Trade in Goods written by Petros C. Mavroidis and published by Oxford University Press. This book was released on 2012-07-19 with total page 942 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition of Trade in Goods is an authoritative work on international trade by one of the most influential scholars in the field. It provides a comprehensive and detailed analysis of every WTO agreement dealing with trade in goods. The focus of the book is on the reasoning behind the various WTO agreements and their provisions, and the manner in which they have been understood in practice. It introduces both the historic as well as the economic rationale for the emergence of the multilateral trading system, before dealing with WTO practice in all areas involving trade in goods. It contests the claim that the international trade agreements themselves represent 'incomplete contracts', realized through interpretation by the WTO and other judicial bodies. The book comprehensively analyses the WTO's case law, and it argues that a more rigorous theoretical approach is needed to ensure a greater coherence in the interpretation of the core provisions regulating trade in goods. This second edition readdresses and moves beyond the discussion of the GATT presented in the first edition to assess in significant detail every trade in goods agreement at the WTO, both multilateral as well as plurilateral. The book is written to be accessible to those new to the field, with an authoritative level of detail and analysis that makes it essential reading for lawyers and economists alike.
Book Synopsis Testing the Value of the Postwar International Order by : Michael J. Mazarr
Download or read book Testing the Value of the Postwar International Order written by Michael J. Mazarr and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report evaluates the postwar international order's value, assessing its role in promoting U.S. goals and interests and assessing its measurable contributions to specific goals.
Book Synopsis The New Palgrave Dictionary of Economics by :
Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Book Synopsis International Merchandise Trade Statistics by : United Nations. Statistical Division
Download or read book International Merchandise Trade Statistics written by United Nations. Statistical Division and published by . This book was released on 1998 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication contains updated recommendations on methodology for compiling international merchandise trade statistics adopted by the United Nations Statistical Commission in March 1997. These recommendations are an essential references for trade statistics analysis and understanding. They take into account new developments in international trade, national practices of data compilation, new international agreements regarding customs procedures, and previously adopted revisions of methodology of national accounting and balance of payments statistics. They address basic issues such as coverage of statistics and time of recording, trade system, commodity classifications, valuation, quantity measurement, partner country, and reporting and dissemination. The publication also contains detailed lists of goods to be included and excluded from imports and exports; two tables which make it possible to determine, at a glance, how various categories of goods are treated in both the general and the special trade systems; and linkages between statistical concepts and international conventions regarding trade matters.
Book Synopsis Global Governance by Judiciary by : Robert Howse
Download or read book Global Governance by Judiciary written by Robert Howse and published by . This book was released on 2004 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most striking innovations in international law of the last decade is the creation of a standing appellate court at the World Trade Organization, "the Appellate Body". While there are other international tribunals with appellate chambers, the WTO Appellate Body stands out for its creation of a rich and controversial body of jurisprudence, crafted through the dozens of rulings it has made since 1996. In areas such as trade and environment, and trade and health, the Appellate Body has stepped into some of the most heated trade conflicts of the post-Seattle world. This book examines the WTO Appellate Body as the first full blown international law experiment with "routine" appellate review. Issues covered include the choice of interpretative method by the Appellate Body, its internal operations (for example the role of collegiality and the staff in the Appellate Body Secretariat), the Appellate Body's understanding of its own jurisdiction and mandate, and the argument put by critics that the Appellate Body has been engaging in inappropriate "judicial activism", especially in sensitive areas such as the review of domestic trade remedy (dumping, subsidies and safeguards) cases. As the first book length analysis and assessment of the Appellate Body, this volume will be of interest to trade law specialists, but also to all those who are concerned with the relationship of law to politics in global governance, and with the role of the international judge.
Book Synopsis Methodology for Impact Assessment of Free Trade Agreements by : Michael G. Plummer
Download or read book Methodology for Impact Assessment of Free Trade Agreements written by Michael G. Plummer and published by Asian Development Bank. This book was released on 2011-02-01 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication displays the menu for choice of available methods to evaluate the impact of Free Trade Agreements (FTAs). It caters mainly to policy makers from developing countries and aims to equip them with some economic knowledge and techniques that will enable them to conduct their own economic evaluation studies on existing or future FTAs, or to critically re-examine the results of impact assessment studies conducted by others, at the very least.
Book Synopsis The World Trade Organization: A Very Short Introduction by : Amrita Narlikar
Download or read book The World Trade Organization: A Very Short Introduction written by Amrita Narlikar and published by Oxford University Press, USA. This book was released on 2005-09-08 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book provides a timely exploration of what the WTO is, what it does, and the complicated politics involved in its negotiations and rulings. Confronting the controversy surrounding the WTO head-on, the author highlights issues of power, marginalization, and development, and raises the important question of whether it actually deserves the reputation it has come to acquire."--BOOK JACKET.
Download or read book Economics written by Richard G. Lipsey and published by Oxford University Press, USA. This book was released on 2007 with total page 689 pages. Available in PDF, EPUB and Kindle. Book excerpt: The eleventh edition of this successful textbook for Economics majors has been thoroughly updated and revised to give more depth to core principles. Pitched at a level that will stretch readers but still comprehensible for beginners, Economics is explained in a straightforward manner, whilst maintaining the rigour needed to enable students to progress with their studies. The book features a depth and breadth of topics combined with a balance of technical and applied material. In-depth explanations of theoretical concepts are balanced with a range of real world examples help students to understand and apply the concepts they have learnt. A supporting and newly expanded Online Resource Centre features supplements for lecturers including an instructor's manual; PowerPoint slides; answers to questions in the text; class exercises; and artwork from the text. Supplements for students include self-assessment multiple choice questions with feedback; crosswords compiled from key glossary terms; a list of useful websites; maths appendices; past exam papers and additional case studies
Book Synopsis A New Construction of Ricardian Theory of International Values by : Yoshinori Shiozawa
Download or read book A New Construction of Ricardian Theory of International Values written by Yoshinori Shiozawa and published by Springer. This book was released on 2017-03-30 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book published in English on the new international value theory, presented by Yoshinori Shiozawa in 2007. Shiozawa submitted a solution to the question on international values since Ricardo by constructing a Ricardo–Sraffa model on trading economies with M countries and N commodities including intermediate inputs (normally M N). The new theory is based on the assumption that prices are determined by production costs, which is the property derived from the classical value theory. The papers collected here deal with the following: introducing readers to the new theory; presenting diagrammatic illustrations of the new theory; analysing efficient patterns of specialization allowing intermediate inputs; examining how the new theory gives a new horizon to the Neo-Ricardian trade theory; investigating competitiveness, the long-period method, and potentiality from the perspectives of the new theory; discussing Mill's conversion toward neoclassical revolution; scrutinizing how the concept of comparative advantage has developed and diverged from Ricardo’s trade theory; discussing the purification of Marshall's value theory through Mill’s influence; reviewing the controversies on international values among Japanese economists; considering the value-added trade based on the Ricardian value theory; and lastly giving a mathematical explanation of the definitions and theorems of the new theory./pp
Book Synopsis Globalization and the Myths of Free Trade by : Anwar Shaikh
Download or read book Globalization and the Myths of Free Trade written by Anwar Shaikh and published by Routledge. This book was released on 2007-01-24 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by an international team of contributors this book is a critical examination of the ongoing enterprise of neoliberalism; its history, theory, practice, and most of all, of its outcomes.
Book Synopsis Globalization and Development by : José Antonio Ocampo
Download or read book Globalization and Development written by José Antonio Ocampo and published by Stanford University Press. This book was released on 2003 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].
Book Synopsis Alternative Economic Indicators by : C. James Hueng
Download or read book Alternative Economic Indicators written by C. James Hueng and published by W.E. Upjohn Institute. This book was released on 2020-09-08 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers and business practitioners are eager to gain access to reliable information on the state of the economy for timely decision making. More so now than ever. Traditional economic indicators have been criticized for delayed reporting, out-of-date methodology, and neglecting some aspects of the economy. Recent advances in economic theory, econometrics, and information technology have fueled research in building broader, more accurate, and higher-frequency economic indicators. This volume contains contributions from a group of prominent economists who address alternative economic indicators, including indicators in the financial market, indicators for business cycles, and indicators of economic uncertainty.
Book Synopsis Agricultural Trade Policy and Food Security in the Caribbean by : Deep Ford
Download or read book Agricultural Trade Policy and Food Security in the Caribbean written by Deep Ford and published by Food & Agriculture Org.. This book was released on 2007 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural trade is a major factor determining food security in Caribbean countries. In these small open economies, exports are essential, whilst imports provide a large part of the food supply. This book examines various dimensions of trade policy and related issues and suggests policies to address trade and food security and rural development linkages. It is as a guide and reference documents for agricultural trade policy analysts, trade negotiators, policy-makers and planners in both the public and private sectors.
