Consequence of Regional Trade Agreements to Developing Countries

Mega‐regional trade Agreements: Costly distractions for developing countries?

Trade agreements and health in developing countries.

Politicians champion free trade for bringing an era of high and stable growth, although the evidence supporting such claims is ambiguous. Studies that associate increases in trade with increases in gross domestic product often leave open questions of causality: high growth, the result for instance of strong industrial policies, typically leads to more trade. China and India's growth spurts prec...

The Company You Keep: How Membership in Regional Trade Agreements Affects Investor Risk in Developing Countries

This paper seeks to establish empirically that institutions matter to financial markets. To this end, I look at the impact of five different regional trade agreements (RTAs) on a composite of four different financial instruments that account for default risk on sovereign debt in developing countries. As expected, some of the agreements have a stronger impact on default risk than others. Althoug...

Investment Provisions in Regional Integration Agreements for Developing Countries

Investment is a major determinant of economic growth, both in reference to the level of the capital stock and its productivity, but has been deficient in poor developing countries. A particular concern for poor countries has been relatively low levels of foreign direct investment (FDI), and a low impact of such investment on growth. The paper focuses on sub-Saharan African (SSA) countries and o...

Regional Trade Agreements: Effects on Trade

positive or negative effects on trade depending on their design and implementation. Analysis in this chapter confirms that gains from a preferential trade agreement cannot be taken for granted; moreover, even in agreements with positive impacts on average incomes, not all members are assured of increases. The interesting policy question then is not whether RTAs are categorically good or bad, bu...