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Using Tariff Indices to Evaluate Preferential Trading Arrangements: An Application to Chile
Policy Research Working Papers, World Bank, 1999A tariff index that, combined with a simple general equilibrium model, can be used to calculate more accurately how preferential tariff reductions affect sectoral output, factor prices, average tariff rates, and general welfare.Bond presents a tariff index that uses constant elasticity of substitution aggregators of tariff line data to calculate how preferential tariff reductions affect both prDocumentRegional Integration and Foreign Direct Investment: A Conceptual Framework and Three Cases
Policy Research Working Papers, World Bank, 1999How regional investment agreements affect the flows of foreign direct investment depends on location, the competitiveness of local firms, the motives for investment, and how the agreement affects the policy environment.Blomstrom and Kokko discuss how regional investment agreements may affect the inward and outward flows of foreign direct investments in the integrating region.DocumentColombia's small and medium - size exporters and their support systems
Policy Research Working Papers, World Bank, 1994Small and medium sized Colombian firms have claimed an increasing share of total manufactured exports in the past decade and show signs of being competitive.DocumentTrade Policy Options for Chile: A Quantitative Evaluation
Policy Research Working Papers, World Bank, 1999Welfare in Chile would be improved by moving toward uniformity in the value-added tax and lowering the Chilean tariff to between 6 and 8 percent.Chile is currently evaluating a wide range of possible trade policies.DocumentThe Demand for Base Money and the Sustainability of Public Debt
Policy Research Working Papers, World Bank, 1999Anything policy makers can do to increase the demand for base money will help solve public debt problems.DocumentThe Costs and Benefits of Regulation: Implications for Developing Countries
Policy Research Working Papers, World Bank, 1999This paper examines the economic impact of regulation in industrial and developing countries. It argues that economic analysis can play an important role in restructuring regulated industries and developing more effective regulations, and in reducing politically driven regulation and capture.DocumentGovernment Employment and Pay: A Global and Regional Perspective
Policy Research Working Papers, World Bank, 1999An honest and competent civil service is essential for public sector efficiency and economic development. As a complex institutional challenge, civil service reform is worth doing only if it is done well.DocumentPolicy Implications of Second-Generation Crisis Models
International Monetary Fund Working Papers, 1997The 1992-93 currency crises in Europe and the 1994 crisis in Mexico renewed interest in modeling speculative attacks on government-controlled exchange rates. Responding to events, economists began to develop models of currency crises with multiple solutions in which a crisis could be modeled as an economy jumping from one solution to another.DocumentBank Concentration and the Supply of Credit in Argentina
International Monetary Fund Working Papers, 1997After the December 1994 devaluation of the Mexican peso, Argentina experienced a concentration of financial institutions. This paper examines the effects of that concentration on the supply of credit. While the concentration process may have improved the efficiency of domestic financial intermediation, it also may have contributed to the temporary contraction in bank lending observed during 1995.DocumentBank Credit in Argentina in the Aftermath of the Mexican Crisis: Supply or Demand Constrained?
International Monetary Fund Working Papers, 1997Following the introduction of the convertibility regime in early 1991, domestic credit to the private sector in Argentina grew rapidly, in line with the marked expansion of banking deposits. This close relationship between banking deposits and credit to the private sector broke down in the wake of the banking crisis of early 1995.Pages
