Macroeconomic Conditions and Import Surcharges in Selected Transition Economies:
Analysis on macroeconomic determinants of protection in the Czech and Slovak Republics, Hungary, and Poland, while subject to many caveats, suggests that appreciation of the real exchange rate was the main macroeconomic determinant of trade policy reversals in the 1990s. This suggests that balance o...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1999
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Schriftenreihe: | IMF Working Papers
Working Paper No. 99/62 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | Analysis on macroeconomic determinants of protection in the Czech and Slovak Republics, Hungary, and Poland, while subject to many caveats, suggests that appreciation of the real exchange rate was the main macroeconomic determinant of trade policy reversals in the 1990s. This suggests that balance of payments difficulties may have been used as an excuse for protection. The analysis also suggests that greater exchange rate flexibility and tighter fiscal policies could have been used instead of import surcharges to deal with external imbalances. The surcharges may only have aggravated the external balance by slowing down exports and restructuring of production |
Beschreibung: | 1 Online-Ressource (23 p) |
ISBN: | 1451848277 9781451848274 |
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spelling | Sorsa, Piritta Verfasser aut Macroeconomic Conditions and Import Surcharges in Selected Transition Economies Sorsa, Piritta Washington, D.C International Monetary Fund 1999 1 Online-Ressource (23 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 99/62 Analysis on macroeconomic determinants of protection in the Czech and Slovak Republics, Hungary, and Poland, while subject to many caveats, suggests that appreciation of the real exchange rate was the main macroeconomic determinant of trade policy reversals in the 1990s. This suggests that balance of payments difficulties may have been used as an excuse for protection. The analysis also suggests that greater exchange rate flexibility and tighter fiscal policies could have been used instead of import surcharges to deal with external imbalances. The surcharges may only have aggravated the external balance by slowing down exports and restructuring of production Online-Ausg http://elibrary.imf.org/view/IMF001/04371-9781451848274/04371-9781451848274/04371-9781451848274.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Sorsa, Piritta Macroeconomic Conditions and Import Surcharges in Selected Transition Economies |
title | Macroeconomic Conditions and Import Surcharges in Selected Transition Economies |
title_auth | Macroeconomic Conditions and Import Surcharges in Selected Transition Economies |
title_exact_search | Macroeconomic Conditions and Import Surcharges in Selected Transition Economies |
title_exact_search_txtP | Macroeconomic Conditions and Import Surcharges in Selected Transition Economies |
title_full | Macroeconomic Conditions and Import Surcharges in Selected Transition Economies Sorsa, Piritta |
title_fullStr | Macroeconomic Conditions and Import Surcharges in Selected Transition Economies Sorsa, Piritta |
title_full_unstemmed | Macroeconomic Conditions and Import Surcharges in Selected Transition Economies Sorsa, Piritta |
title_short | Macroeconomic Conditions and Import Surcharges in Selected Transition Economies |
title_sort | macroeconomic conditions and import surcharges in selected transition economies |
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