Regional Integration Arrangements in Economic Development: Panacea Or Pitfall?FONDAD, 1996 - 100 páginas |
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Página 37
... exchange rates and other policy responses to macro - disequilibrium . Their elimination is a prerequisite for effective measures toward further markets integration requiring harmonisation of both current and capital account regimes ...
... exchange rates and other policy responses to macro - disequilibrium . Their elimination is a prerequisite for effective measures toward further markets integration requiring harmonisation of both current and capital account regimes ...
Página 38
... Exchange Rate Regime This poses the important issue of the appropriate exchange rate regime to be resolved between fixed or more flexible arrangements . Under the real targets approach , the exchange rate is an indispensable policy ...
... Exchange Rate Regime This poses the important issue of the appropriate exchange rate regime to be resolved between fixed or more flexible arrangements . Under the real targets approach , the exchange rate is an indispensable policy ...
Página 39
... currency would be akin to an informal exchange - rate union , in which the right to change parities would initially be retained . Monetary initiatives in developing countries usually argue for actions leading to the introduction of a ...
... currency would be akin to an informal exchange - rate union , in which the right to change parities would initially be retained . Monetary initiatives in developing countries usually argue for actions leading to the introduction of a ...
Contenido
Abbreviations | 7 |
The Role of RIAS in Fostering Economic Development | 23 |
Political Commitment to RIAS and the Issue of Credibility | 33 |
Derechos de autor | |
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Términos y frases comunes
achieving approach ASEAN Asian bilateral CALIFORNIA Caribbean CEAO Common Market competition cross-border investment currency customs union developing countries developing country RIAS developing regions developing world Development Bank domestic East Economic Cooperation economic integration effects efficiency emerged European Union exchange rate export external tariff FONDAD framework Free Trade Area GATT globalisation governments harmonisation incentives industries initiatives institutional intra-regional trade investment coordination involving issues labour Latin America member countries ments Mistry monetary policies monetary unions multilateral NAFTA negotiations non-tariff barriers OECD Organisation particular region partners political Preferential Trade Preferential Trade Area problem protection reducing regimes regional cooperation Regional Integration Arrangements regional trade regionalisation result revenue RIAS RIAS among developing RIAS in developing role SACU second-generation RIAs sector significant South Asia Southern Africa strategy structural adjustment programmes sub-regional successful Trade Agreement trade barriers trade blocs trade creation trade diversion trade expansion trade liberalisation UNIVERSITY World Bank