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East Asian nations are currently undertaking the future development of an economic community by creating a viable framework for closer cooperation and deeper integration. However, the intractable problem is that there are a lot of diversities and heterogeneity that have prevented the East Asian...
Persistent link: https://www.econbiz.de/10005408050
Persistent link: https://www.econbiz.de/10005062634
the Euro seems à priori, to be an appropriate policy option. This option may even be strengthened within the FTA. However … Morocco and focuses on three main issues. The first issue is to investigate the potential effects of the FTA on trade … macroeconomic and sectoral effects of the implementation of the FTA on industrial sector. The second issue is to estimate the real …
Persistent link: https://www.econbiz.de/10005062594
Economic theory suggests that liberalization of trade between countries with differing levels of environmental protection could lead pollution- intensive industry to concentrate in the nations where regulations are lax. This effect, often referred to as the “pollution haven” hypothesis, is...
Persistent link: https://www.econbiz.de/10005556494
This paper uses firm level data to investigate the impact of trade liberalization on manufacturing sector employment in Morocco. This paper extends the existing research in various dimensions. First, it analyses the effect of trade openness on different skill levels of the manufacturing labor...
Persistent link: https://www.econbiz.de/10005408010
Andrew Berg and Anne Krueger present a review of an abundant literature, showing that there is a link between trade liberalization and poverty reduction that works mainly through the growth-inducing effects of trade. The existence of this link, therefore, becomes an important argument for...
Persistent link: https://www.econbiz.de/10005119331
This paper examines the welfare implications of trade reforms in the presence of a government budget constraint. There is consensus about gains from opening up to trade. The less investigated question is, whether a coordinated tax reform, where the tariff revenue cuts are compensated with...
Persistent link: https://www.econbiz.de/10005556490
The new version of the CGE model of the Slovenian economy, based on the 1998 SAM, was used for simulations of the consequences of further foreign trade liberalization after 1998 as the outcome of the finished processes of implementation of Free Trade Agreements and the European Agreement,...
Persistent link: https://www.econbiz.de/10005408067
Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that money has nothing to do with traded output, but...
Persistent link: https://www.econbiz.de/10005408069
'Gainful trade: a new economics' explains why and how economics may be rebuilt from scratch to allow the occurence of gainful trade. It uses a new concept of consistency of social choice and a new analytical tool called consistency analysis to build a unified model of economics. It answers all...
Persistent link: https://www.econbiz.de/10005119309