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Open Regionalism in a World of Continental Trade Blocs

Open Regionalism in a World of Continental Trade Blocs »

Source: Open Regionalism in a World of Continental Trade Blocs

Volume/Issue: 1998/10

Series: IMF Working Papers

Author(s): Jeffrey Frankel , and Shang-Jin Wei

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1998

ISBN: 9781451842661

Keywords: trade blocs, open regionalism, regionalism, external liberalization, regional integration

Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to satisfy the McMillan criterion of not lowering trade volume with outside countries, they have to enga...

Does A Regional Trade Agreement Lessen or Exacerbate Growth Volatility? An Empirical Investigation

Does A Regional Trade Agreement Lessen or Exacerbate Growth Volatility? An Empirical Investigation »

Source: Does A Regional Trade Agreement Lessen or Exacerbate Growth Volatility? An Empirical Investigation

Volume/Issue: 2015/177

Series: IMF Working Papers

Author(s): Kangni Kpodar , and Patrick Imam

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 July 2015

ISBN: 9781513540443

Keywords: Regional trade agreement, trade openness, growth volatility

This paper assesses how regional trade agreements (RTAs) impact growth volatility on a worldwide sample of 170 countries with data spanning the period 1978-2012. Notwithstanding concerns that trade openness through...

Comesa and Sadc

Comesa and Sadc »

Source: Comesa and Sadc : Prospects and Challenges for Regional Trade Integration

Volume/Issue: 2004/227

Series: IMF Working Papers

Author(s): Padamja Khandelwal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2004

ISBN: 9781451875447

Keywords: COMESA, SADC, Economic Partnership Agreements, rules of origin, external tariff, intraregional trade, open regionalism, Regional Development Policy,

Regional integration has been seen in Africa as a means of encouraging trade and securing economies of scale. This paper examines in detail the prospects and challenges for trade expansion in the two most prominent...

Spillovers from Global and Regional Shocks to Armenia1

Spillovers from Global and Regional Shocks to Armenia1 »

Source: Spillovers from Global and Regional Shocks to Armenia

Volume/Issue: 2015/241

Series: IMF Working Papers

Author(s): Knarik Ayvazyan , and Teresa Daban Sanchez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 November 2015

ISBN: 9781513590462

Keywords: Spillovers, Trade, Business cycles, Transmission channels, SVAR, economy, trading partners, regional shocks, oil prices, General

Using a structural vector auto-regression (SVAR) model, this paper examines the size, geographical sources, and transmission channels of global and regional shocks to the Armenian economy. Results show that Armenia...

Central America, Panama, and the Dominican Republic

Central America, Panama, and the Dominican Republic »

Source: Central America, Panama, and the Dominican Republic : Trade Integration and Economic Performance

Volume/Issue: 2012/234

Series: IMF Working Papers

Author(s): Stephanie Medina Cas , Andrew Swiston , and Luis Barrot

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 September 2012

ISBN: 9781475510843

Keywords: Integration, Free trade agreements, free trade, trade agreements, regional integration, Country and Industry Studies of Trade, Economic Growth of Open Economies, Macroeconomic Analyses of Economic Development,

This paper studies the potential for the export sector to play a more important role in promoting growth in Central America, Panama, and the Dominican Republic (CAPDR) through deeper intra-regional and global trade...

Regionalization vs. Globalization

Regionalization vs. Globalization »

Source: Regionalization vs. Globalization

Volume/Issue: 2013/19

Series: IMF Working Papers

Author(s): Hideaki Hirata , Ayhan Kose , and Christopher Otrok

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2013

ISBN: 9781557753281

Keywords: Comovement, Synchronization, Trade linkages, Financial linkages, business cycle, business cycle synchronization, regional trade, global trade, Bayesian Analysis, Time-Series Models

Abstract: Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution o...

The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model

The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model »

Source: The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model

Volume/Issue: 2019/124

Series: IMF Working Papers

Author(s): Lisandro Abrego , Maria Alejandra Amado , Tunc Gursoy , Garth Nicholls , and Hector Perez-Saiz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 June 2019

ISBN: 9781498314398

Keywords: Economic integration, Open economies, International trade agreements, Trade finance, Comparative advantage, AfCFTA, welfare, general equilibrium, trade barriers, welfare gain

In March 2018, representatives of member countries of the African Union signed the African Continental Free Trade Area (AfCFTA) agreement. This agreement provides a framework for trade liberalization in goods and s...

Intra-Regional Spillovers in South America

Intra-Regional Spillovers in South America »

Source: Intra-Regional Spillovers in South America : Is Brazil Systemic After All?

Volume/Issue: 2012/145

Series: IMF Working Papers

Author(s): Sebastian Sosa , and Gustavo Adler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

ISBN: 9781475504088

Keywords: exchange rate, global shocks, commodity prices, real exchange rate, export performance, Intra-Regional Spillovers in South America:, Multiple or Simultaneous Equation Models: Time-Series Models, Open Economy Macroeconomics, Trade Linkages,

Shocks stemming from Brazil - the large neighbor in South America - have historically been a source of concern for policy-makers in other countries of the region. This paper studies the importance of Brazil's influ...

Open Regionalism in a World of Continental Trade Blocs

Open Regionalism in a World of Continental Trade Blocs »

Volume/Issue: 1998/10

Series: IMF Working Papers

Author(s): Jeffrey Frankel , and Shang-Jin Wei

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1998

DOI: http://dx.doi.org/10.5089/9781451842661.001

ISBN: 9781451842661

Keywords: trade blocs, open regionalism, regionalism, external liberalization, regional integration

Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to satisfy the McMillan criterion of not lowering trade volume with outside countries, they have to enga...

Does A Regional Trade Agreement Lessen or Exacerbate Growth Volatility? An Empirical Investigation

Does A Regional Trade Agreement Lessen or Exacerbate Growth Volatility? An Empirical Investigation »

Volume/Issue: 2015/177

Series: IMF Working Papers

Author(s): Kangni Kpodar , and Patrick Imam

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 July 2015

DOI: http://dx.doi.org/10.5089/9781513540443.001

ISBN: 9781513540443

Keywords: Regional trade agreement, trade openness, growth volatility

This paper assesses how regional trade agreements (RTAs) impact growth volatility on a worldwide sample of 170 countries with data spanning the period 1978-2012. Notwithstanding concerns that trade openness through...