Ojo, Marianne (2017): Preserving global trade relations: impacts of recent global developments. Forthcoming in: American Journal of Economics (2018)
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Abstract
How do we address challenges presented by unequal distribution of the benefits of globalization? Such that the imposition of unduly high tariffs – as well as anti-dumping measures, do not offset positive gains to be derived from trade liberalization and globalization.
This article also aims to highlight and address challenges presented to global trade relations as a result of the failure of central bankers to appreciate fully the consequences and impact – as well as contribution of emerging economies to all time low levels of inflation.
This not having been demonstrated in the build up to the 2008 Financial Crisis, but also prompting the introduction of Basel III regulations – and particularly the 2010 Basel leverage ratio.
Item Type: | MPRA Paper |
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Original Title: | Preserving global trade relations: impacts of recent global developments |
Language: | English |
Keywords: | monetary policy; interest rates; positive supply shock; inflation; anti dumping tariffs; Uruguay World Trade round; Doha trade round; regional agreements |
Subjects: | E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles G - Financial Economics > G2 - Financial Institutions and Services G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages G - Financial Economics > G3 - Corporate Finance and Governance K - Law and Economics > K2 - Regulation and Business Law M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M4 - Accounting and Auditing |
Item ID: | 81474 |
Depositing User: | Dr Marianne Ojo |
Date Deposited: | 23 Sep 2017 10:13 |
Last Modified: | 29 Sep 2019 10:29 |
References: | Ojo, M. (2017). Uncertainties and Risk Assessment in Trade Relations: Emerging Areas of Research IGI Global Ojo, M (2016). Designing Optimal Regulatory Models in a Changing Financial Environment. Nova Publishers The Economist (2006). “ Surprise!: The Power of the Emerging World (Special Report on the World Economy) Sept 2006 |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/81474 |