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Author :
Publisher :
ISBN 13 :
Total Pages : 320 pages
Book Rating : 4.:/5 (667 download)
Download or read book Trade Shocks in Developing Countries written by and published by . This book was released on 1999 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Paul Collier
Publisher : Clarendon Press
ISBN 13 :
Total Pages : 382 pages
Book Rating : 4.:/5 (318 download)
Download or read book Trade Shocks in Developing Countries: Asia and Latin America written by Paul Collier and published by Clarendon Press. This book was released on 1999 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing countries frequently experience trade shocks and the policy implications of this have been debated for decades. This book is the second volume of a comparative study covering 23 countries, using a common methodology to estimate the effects of shocks. The conventional wisdom has been that private agents, in particular peasant farmers, could not be trusted to use windfalls wisely. This was, and continues to be, the main rationale for stabilizing taxation of export crops. The convention was also that windfalls accruing to the public sector were a bane, since governments had low savings rates. The evidence in this study supports neither generalization. Trade shocks typically lead to high savings rates, irrespective of whether they accrue to private producers or to the government. However, the case studies find substantial policy errors so that windfalls are often not translated efficiently into permanent income increases and indeed often lead to a reduction in output. The studies argue for a drastic revision of the case for government action in response to trade shocks. The first volume deals with Africa, the second with Asia and Latin America.
Author :
Publisher :
ISBN 13 : 9780198293385
Total Pages : 0 pages
Book Rating : 4.2/5 (933 download)
Download or read book Trade Shocks in Developing Countries: Asia and Latin America written by and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Collier Paul
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (924 download)
Download or read book Trade shocks in developing countries written by Collier Paul and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mr.Alexander W. Hoffmaister
Publisher : International Monetary Fund
ISBN 13 : 1451927312
Total Pages : 50 pages
Book Rating : 4.4/5 (519 download)
Download or read book Are Business Cycles Different in Asia and Latin America? written by Mr.Alexander W. Hoffmaister and published by International Monetary Fund. This book was released on 1997-01-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper compares business cycles in Asia and in Latin America using structural vector autoregression analysis with panel data. The evidence for countries in these regions suggests that (i) the main source of output fluctuations is supply shocks, even in the short run; (ii) the real exchange rate is driven mostly by fiscal shocks; and (iii) terms of trade shocks are important for trade balance fluctuations but not for output or real exchange rate fluctuations. However, in Latin America, as opposed to Asia, output is affected more by external and domestic demand shocks.
Author : Tariq Banuri
Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.:/5 (318 download)
Download or read book Economic Liberalization written by Tariq Banuri and published by Oxford University Press, USA. This book was released on 1991 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by leading economists, the papers in this collection examine the different effects of trade and financial liberalization on the economic performance of Latin America and Asia. In the face of a deepening economic crisis in Latin America, the contributors examine the assumptions and dangers of indiscriminate economic liberalization policies which disregard the institutional arrangements or historical background of a country in the interests of narrower, more technical criteria such as speed of policy implementation. Addressing policy, conflict management, Asian and Latin American economies, and labor market institutions in Asia and Latin America, this study is an important contribution to the debate on trade and financial liberalization.
Author : José Luis Machinea
Publisher : Springer
ISBN 13 : 0230800912
Total Pages : 262 pages
Book Rating : 4.2/5 (38 download)
Download or read book Economic Growth with Equity written by José Luis Machinea and published by Springer. This book was released on 2006-11-28 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the development challenge faced by Latin America at a time at which the concerns for the large inequality in the region are at a peak. This volume focuses on growth-with-equity, and is written by an outstanding group of Latin American and international researchers and policy-makers.
Author : Ching-yuan Lin
Publisher : M.E. Sharpe
ISBN 13 : 9780873325264
Total Pages : 260 pages
Book Rating : 4.3/5 (252 download)
Download or read book Latin America Vs East Asia written by Ching-yuan Lin and published by M.E. Sharpe. This book was released on 1989 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study makes a case for the now prevalent contention that the development model of east Asian NICs is less costly, more adaptive to fluctuating world market conditions, and more sustainable than that of the Latin American NICs.
Author : Inter-American Development Bank
Publisher : OECD Publishing
ISBN 13 :
Total Pages : 312 pages
Book Rating : 4.:/5 (318 download)
Download or read book Securing Stability and Growth in Latin America written by Inter-American Development Bank and published by OECD Publishing. This book was released on 1996 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Yongseung Jung
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (13 download)
Download or read book Are Asian Business Cycles Different? written by Yongseung Jung and published by . This book was released on 2013 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates business cycles in Asia. Business cycles in developing small, open countries are different from those in developed small countries. Most interesting characteristics in developing countries are excessive consumption volatilities and strong countercyclical net export. Asia and Latin American developing countries share these characteristics. However, there are also differences in business cycles in both regions. We find that Asia shows less excessive consumption expenditure volatility to output than Latin American countries, and strong countercyclical net exports. More interestingly, the durable consumption is negatively related with net export in Asia (Korea), while Latin America (Chile) shows positive correlation. Moreover durable consumption shows a negative relationship with export and import while durable consumption in Latin America has positive relationship with export and import. We believe that there exist different transmission mechanisms in Latin America and Asia that connect consumption, net exports and export or import. We find that positive terms of trade shock increase the real GDP significantly in the short run for Latin America, but have no significant effects for East Asia. However, response of net exports to the terms of trade shocks is stronger and more persistent in Asia than in Latin America. This paper also present an analytic model that could explain the durable goods business cycles in Asia.The model can explain durable business cycles in Asia (Korea) which generate strong procyclical durable consumption by the export-income channel with market laddering.
Author : Bruna Angel
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (89 download)
Download or read book Economic Growth and Agricultural Trade of Less-developed Countries written by Bruna Angel and published by . This book was released on 1989 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mikio Kuwayama
Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (318 download)
Download or read book Trade Perspectives Between Latin America and Asia and the Pacific written by Mikio Kuwayama and published by . This book was released on 1998 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document provides an overview of trade relations between Asia and the Pacific and Latin America and explores the possibilities for expanding the modalities of economic relations between the two regions. The analysis covers 12 countries in Asia and Oceania and 11 members of the Latin American Integration Association.
Author : José Antonio Ocampo
Publisher : Stanford University Press
ISBN 13 : 9780804749565
Total Pages : 238 pages
Book Rating : 4.7/5 (495 download)
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].
Author : Jeffrey G. Williamson
Publisher : MIT Press
ISBN 13 : 0262295180
Total Pages : 315 pages
Book Rating : 4.2/5 (622 download)
Download or read book Trade and Poverty written by Jeffrey G. Williamson and published by MIT Press. This book was released on 2011-01-07 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the rise of globalization over the past two centuries helps explain the income gap between rich and poor countries today. Today's wide economic gap between the postindustrial countries of the West and the poorer countries of the third world is not new. Fifty years ago, the world economic order—two hundred years in the making—was already characterized by a vast difference in per capita income between rich and poor countries and by the fact that poor countries exported commodities (agricultural or mineral products) while rich countries exported manufactured products. In Trade and Poverty, leading economic historian Jeffrey G. Williamson traces the great divergence between the third world and the West to this nexus of trade, commodity specialization, and poverty. Analyzing the role of specialization, de-industrialization, and commodity price volatility with econometrics and case studies of India, Ottoman Turkey, and Mexico, Williamson demonstrates why the close correlation between trade and poverty emerged. Globalization and the great divergence were causally related, and thus the rise of globalization over the past two centuries helps account for the income gap between rich and poor countries today.
Author : Erhan Artuc
Publisher : World Bank Publications
ISBN 13 : 1464812497
Total Pages : 215 pages
Book Rating : 4.4/5 (648 download)
Download or read book Exports to Jobs written by Erhan Artuc and published by World Bank Publications. This book was released on 2019-02-25 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia has grown rapidly with significant reductions in poverty, but it has not been able to match the fast-growing working age population, leading to lingering concerns about jobless growth and poor job quality. Could export growth in South Asia result in better labor market outcomes? The answer is yes, according to our study, which rigorously estimates—using a new methodology—the potential impact from higher South Asian exports per worker on wages and employment over a 10-year period. Our study shows the positive side of trade. It finds that increasing exports per worker would result in higher wages—mainly for better-off groups, like more educated workers, males, and more-experienced workers—although less-skilled workers would see the largest reduction in informality. How can the benefits be spread more widely? Our study suggests that scaling up exports in labor-intensive industries could significantly lower informality for groups like rural and less-educated workers in the region. Also, increasing skills, and participation of women and young workers in the labor force could make an even bigger dent in informal employment. The region could achieve these gains by: (i) boosting and connecting exports to people (e.g., removing trade barriers and investment in infrastructure); (ii) eliminating distortions in production (e.g., by more efficient allocation of inputs); and (iii) protecting workers (e.g., by investing in education and skills).
Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 1464814953
Total Pages : 511 pages
Book Rating : 4.4/5 (648 download)
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 511 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.
Author : Osvaldo Rosales
Publisher : UN
ISBN 13 :
Total Pages : 286 pages
Book Rating : 4.:/5 (891 download)
Download or read book Rising Concentration in Asia-Latin American Value Chains written by Osvaldo Rosales and published by UN. This book was released on 2015 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dynamic Asia has overtaken the European Union as Latin America and the Caribbean's second largest export market, after the United States. However, the region's exports to Asia remain concentrated in few commodities involved a small number of large firms. This book explores the present and future scope for the participation of small and medium-sized enterprises (SMEs) in biregional trade and value chains and the measures that can be taken to make those chains more inclusive and sustainable. It encourages governments in Latin America to improve the business environment in order to encourage multinational firms to invest, upgrade and innovate in the region.
