Download or read book The Order of Liberalization of the Balance of Payments written by Sebastian Edwards and published by . This book was released on 1985 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Order of Liberalization of the Current and Capital Accounts of the Balance of Payments written by Sebastian Edwards and published by . This book was released on 1984 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: The opening up of an economy to the rest of the world has generally been considered an integral part of economic reform aimed at increasing the role of markets. Until recently, however, very little discussion was devoted to the order in which the capital and current account should be liberalized indeveloping countries. This paper deals with several aspects of the order of liberalization. The different arguments usually given to advocate a particular ordering are critically reviewed. Then a three-good two-factor model is used to analyze the effects of alternative ordering on production and income distribution. A two-period model of a small economy is also used to investigate the welfare effects of opening the capital account in the presence of distortions. While the discussion does not yield a theorem regarding the appropriate order of liberalization, there are strong presumptions that it is more prudent to liberalize the current account first.
Download or read book The Order of Liberalization of the External Sector in Developing Countries written by Sebastian Edwards and published by . This book was released on 1984 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Order of Economic Liberalization written by Ronald I. McKinnon and published by . This book was released on 1991 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Order of Liberalization of the External Sector in Developing Countries written by and published by . This book was released on 1984 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Balance of Payments Compilation Guide written by International Monetary Fund and published by International Monetary Fund. This book was released on 1995-03-15 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: A companion document to the fifth edition of the Balance of Payments Manual, the Balance of Payments Compilation Guide shows how the conceptual framework described in the Manual may be implemented in practice. The primary purpose of the Guide is to provide practical guidance for using sources and methods to compile statistics on the balance of payments and the international investment position. the Guide is designed to assist balance of payments compilers and statisticians in understanding the relative strengths and weaknesses of various approaches. The material reflects the emergence of new data sources and adaptations in the application of statistical methodologies to changing circumstances. Discussed in the Guide are all of the tasks that a BOP compiler normally performs. Appendices contain a set of model BOP questionnaires and a set of model BOP publication tables. Relationships between the balance of payments statistics and relevant aspects of national accounts are covered as well.
Download or read book Capital Controls and Trade Liberalization in a Monetary Economy written by B. Jang and published by International Monetary Fund. This book was released on 1999-03 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: For many years, the order and speed of economic liberalization have been discussed, for example, by Corden (1987), Frenkel (1982), Edwards (1984 and 1989b), and McKinnon (1973 and 1982). The liberalization policy consists of setting the sequence of trade and capital account liberalization. Interest in this issue was stimulated by the experiences of Argentina, Chile, and Uruguay in the 1970s where some liberalization of both kinds took place in various orders. In Argentina and Uruguay capital account liberalization came first and in Chile trade liberalization. 2 To understand the impact of various liberalization policies, it is important to address the question of the effects of capital controls during trade liberalization. 3.
Download or read book Trade Liberalization and the Balance of Payments in Selected Developing Countries written by Amelia U. Santos-Paulino and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis is made of the impact of the reduction of tariff and non-tariff barriers on the trade balance and the current account of the balance of payments of 22 developing countries from Africa, Latin America, East Asia and South Asia that have undertaken important trade reforms since the mid-1970s. The study applies dynamic panel data and time series/cross-section analysis. The main findings are that liberalization has worsened the balance of trade and the balance of payments, because imports have increased more rapidly than exports. The adverse effect on the trade balance has been nearly 2 per cent of GDP. The impact of liberalization and other variables varies according to the region and type of trade policy regime existing.
Download or read book The Order of Liberalization of the External Sector in Developing Countries written by Sebastian Edwards and published by . This book was released on 1984-12-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Liberalization and the Balance of Payments Constraint with Intermediate Imports written by Robert A. Blecker and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Order of Economic Liberalization written by Ronald I. Mckinnon and published by JHU Press. This book was released on 1993-10 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can knowledge of financial policies in developing countries over four decades help the socialist economies of Asia and Eastern Europe become open market economies in the 1990s? In all these countries the loss of fiscal and monetary control has often resulted in high inflation that undermines the liberalization process itself. In the second edition of The Order of Economic Liberalization, Ronald McKinnon builds on his influential work on the liberalization of financial markets in less developed countries and outlines the progression necessary to move from a "repressed" to an open economy. New to this edition are chapters that contrast the gradual Chinese approach to liberalizing domestic and foreign trade with the "big bang" approach followed by some Eastern European countries and republics of the former Soviet Union. Financial control and macroeconomic stability, McKinnon argues, are more critical to a successful transition than is any crash program to privatize state-owned industrial assets and the banking system.
Download or read book Financial Sector Reforms Macroeconomic Instability and the Order of Economic Liberalization written by Sylvanus I. Ikhide and published by . This book was released on 2001 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Gains and Pains of Financial Integration and Trade Liberalization written by Rajib Bhattacharyya and published by Emerald Publishing Limited. This book was released on 2019-11-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Geared towards policy makers, researchers, academics, and business and management professionals, The Gains and Pains of Financial Integration and Trade Liberalization helps readers develop new theories and models for analysing the future trends in finance and trade-related issues.
Download or read book Financial Liberalization and Economic Performance written by Luiz Fernando de Paula and published by Taylor & Francis. This book was released on 2012-07-26 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the beginning of the 1990s, Brazil has followed a pattern of economic development inspired by Washington Consensus. This framework includes a set of liberalising and market friendly policies such as privatisation, trade liberalization, stimulus to foreign direct investment, tax reform, and social security reforms. This book assesses the determinants and impacts of financial liberalisation in Brazil considering its two dimensions: the opening up of the balance of payments capital account, and the penetration by foreign bank of the domestic banking sector. The author combines theoretical and empirical analyses. Some make use of mathematical models and/or statistical techniques; however, they are only used when they are strictly necessary to the analysis.
Download or read book Essentials of WTO Law written by Peter Van den Bossche and published by Cambridge University Press. This book was released on 2016-04-02 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: At a time when developments in WTO law have made this field increasingly complex, this concise and non-technical introduction provides a timely and carefully considered overview of the substantive rules and institutional arrangements of the WTO. A variety of text features enables a rich understanding of the law: illustrative examples clarify important issues of the law and demonstrate the law's practical application; boxed summaries of key rulings in WTO case law highlight the interpretation of the relevant provisions and lead readers to a deep understanding of the meaning and application of legal rules; and recommendations for further reading allow readers to engage with current debates. Online resources include links to useful sources of information for work and research within the field. Co-written by a leading authority in the field, this is essential reading for anyone who wants to get to grips with this fascinating yet challenging field of law.
Download or read book Liberalization in the Process of Economic Development written by Lawrence B. Krause and published by Univ of California Press. This book was released on 2023-11-10 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth in all developing countries is guided, and often accelerated, by generally intrusive policies implemented by governments intent on playing an active role in furthering development. As economies have grown and become more complex, however, even small market distortions are magnified, and the tendency is to rely more heavily on the market for continued growth. In this volume, leading experts in economic development examine the variety of issues that arise as governments in some of the newly industrializing countries of Southeast Asia, such as South Korea, Taiwan, and Singapore, grapple with this difficult process of liberalization. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1991.
Download or read book Monetarism and Liberalization written by Sebastian Edwards and published by University of Chicago Press. This book was released on 1991-05-28 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The successes and failures of free market policy in Chile, implemented in 1973 under the guidance of economists trained at the University of Chicago, are clearly explained in this well-written study. The authors argue that it was a combination of misjudgments, including important policy errors, that led to the collapse of the Chilean economy. "The Edwards's book is an indispensable guide to the policy reforms and mistakes that have taken the [Chilean] economy to its present state."—Philip L. Brock, Money, Credit, and Banking "This book is a 'must' for anybody interested in development economies and the problems of liberalization."—Hansjorg Blochliger, Journal of International Economics
