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A ROAD AHEAD FROM CANCUN? WEIGHING UP SOME GIVE-AND-TAKE SCENARIOS IN A DDA SPIRIT 31
Shakur, Shamim; Rae, Allan N.; Chatterjee, Srikanta.
Given that around 20 percent of the members of the World Trade Organisation (WTO) are identified as least developed countries (LDC's), global trade negotiations, resumed after the Cancun fiasco of September 2003, must address some major development issues in the spirit of the Doha Development Agenda (DDA), if they are to make any headway. This will, predictably, involve some sensible give-and-take not only between the developed countries and the LDC's, but also amongst the LDC's themselves, and between them and other developing countries. Issues of restrictions affecting agricultural trade - a major factor in the failure at Cancun - need re-addressing; but non-agricultural trade issues must also feature in the negotiations as that could make some...
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/23709
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Financial Sector Reforms and Currency Crisis: The Indonesian Experience 31
Shakur, Shamim; Obben, James; Nugroho, Agus Eko.
The theory of exchange rate determination clearly links a depreciating currency to a deteriorating trade balance, interest differential and related economic fundamentals. Empirical testing carried out routinely confirms these relationships in “normal” times as currencies constantly align themselves to find their places in the global marketplace. When depreciation reaches crisis proportions, they are not always caused by a proportional deterioration in economic fundamentals. Random activities like speculative attacks are prompted by perceived problems in the banking sector as well as the contagion effect, leading to a currency crisis. Using pre crisis data and focusing on the Indonesian rupiah, this view is confirmed in the research.
Tipo: Journal Article Palavras-chave: Currency Crisis; Indonesia; Exchange Rate; Financial Economics; F31; F41.
Ano: 2005 URL: http://purl.umn.edu/50271
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Examination of New Zealand's Agricultural Sector in Response to Economic Growth and Changing Trade Relations with China 31
Wallace, Michael; Shakur, Shamim.
China’s growth performance over the last three decades has stood at a phenomenal nine percent per annum and shows little sign of abating despite challenging market conditions in recent times. With ever increasing demand and limited land availability this is set to have an increasing impact on New Zealand which has a comparative advantage in land-intensive agricultural products. Already this is observable in recent trade statistics. Using GTAP (global trade analysis project), a computable general equilibrium (CGE) model, this research estimates the future effects of Chinese growth to New Zealand’s agricultural sectors and its economy in general. Almost all primary industries in New Zealand can expect to benefit from China’s growth, most notably wool and...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy; International Relations/Trade; Production Economics.
Ano: 2011 URL: http://purl.umn.edu/115416
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