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A New Agenda for a New World
24 June 2013 Minister Gunilla Carlson Like every political agenda, the post-2015 agenda must be firmly based in a reality check. The current...
Working Paper
Impact of Liberalization, Economic Growth and Trade Policies on Current Accounts of Developing CountriesThe objectives of this paper are to examine the impact of liberalization on trade deficits and current accounts for developing economies. Attempts at liberalization in trade could lead to an increase in imports in the short run and this could cause...
Journal Article
Effects of Foreign Aid on Income through International TradePart of Journal Special Issue Aid Impact and Effectiveness
Working Paper
The Asian Currency CrisisWhat started in the summer of 1997 as a regional economic and financial crisis in East and Southeast Asia had developed into a global financial crisis within the span of a year. This crisis followed the crisis in the European Monetary System in 1992...
Working Paper
Liberalization of Capital Movements and TradeA two-period, two-sector optimizing model is used to study the effects of liberalization of trade and capital movements on the real exchange rate, unemployment, and welfare. The mechanism creating unemployment is assumed to be real wage rigidity...
Working Paper
Effects of foreign aid on income through international tradeThis paper presents a review of recent studies that estimate the trade effects of foreign aid. It also provides new results obtained using panel data techniques to estimate the direct effects of aid on international trade, accounting for countries’...
Working Paper
External Liberalization, Economic Performance, and Distribution in Latin America and ElsewhereAs seen from the year 2001, economic policy in developing and post-socialist economies during the preceding 10-15 years had one dominating theme - external 'liberalization' or the drastic lowering or removal of long-standing barriers to almost all...
Working Paper
Factor Shares and Resource BoomsThis paper studies the evolution of Venezuelan inequality since 1970. It finds a striking increase in Venezuelan inequality that has been due mainly to the rise in capital's share of GDP. It shows that the increase can be traced back to the coupling...
Working Paper
From GATT to WTO and BeyondThe object of this paper is to analyse the evolution of the international trading system from its inception as GATT in 1947 to its latest incarnation as WTO, comprising the complex array of agreements forming its substance and mandate. The study...
Working Paper
Costa RicaOver the last thirty-five years, Costa Rican exports (in dollars) have grown at an average annual growth rate of 10.8 per cent. In the context of an import substituting industrialization and subregional integration, exports grew at increasingly...
Working Paper
Export Performance in ChileSince the mid-1970s, Chile's exports have expanded at a fast rate, and the export basket has diversified considerably, away from copper towards other primary commodities and commodity-intensive manufactures. This paper explores the causal factors and...
Working Paper
Liberalization, Globalization and Income DistributionRecent mainstream analyses of changes in income distribution over the post World War II period have concluded that income inequality within countries tends to be stable, that there is no strong association between growth and inequality and that...
Working Paper
Causes and Lessons of the Mexican Peso CrisisThis paper analyses in depth the causes of the Mexican peso crisis, so as to learn relevant lessons for similar crisis occurring in other developing or transitional economies. The study follows a relatively chronological order, examining first the...
Journal Special Issue
Developing Countries in the WTO RegimeWhen the Uruguay Round was being negotiated and it was coming to a close, a number of estimates were made about the impact of the agreement on poor countries. Many of the assessments indicated that there would be a net loss for them while others came...