Trade Openness and Vulnerability in Central and Eastern Europe

Montalbano, Pierluigi; Federici, Alessandro; Triulzi, Umberto; Pietrobelli, Carlo

doi:10.1057/9780230625501_9

Cited by 6 publications

(5 citation statements)

References 36 publications

(29 reference statements)

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“…This ultimately decreases TFP growth. Montalbano, Federici, Triulzi and Pietrobelli (2005) provide empirical evidence that trade vulnerability in 1990s adversely affected the well being of Eastern European countries.…”

Section: Ib Openness Volatilitymentioning

confidence: 99%

Total factor productivity and macroeconomic instability

Berument

Dinçer

Mustafaoglu

2011

The Journal of International Trade & Economic Development

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Total factor productivity (TFP) is an important component of growth for most countries. This article assesses the role of macroeconomic instability on TFP growth. We consider volatility in inflation, openness of an economy and financial market deepness as measures of macroeconomic instability. Empirical evidence provided from Turkey suggests that volatility of openness and financial market deepness reduce TFP growth, whereas volatility of inflation increases TFP growth. © 2011 Taylor & Francis

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Section: Ib Openness Volatilitymentioning

confidence: 99%

Total factor productivity and macroeconomic instability

Berument

Dinçer

Mustafaoglu

2011

The Journal of International Trade & Economic Development

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“…Regarding specifically the European Common Market, recent studies (Montalbano et al (2006) pointed out that the occurrence of external negative covariate shocks associated with trade liberalization implied long term negative effects on aggregate welfare of the CEECs, even in a context of long term growth. As Fig.…”

Section: Patterns Of Macrovolatility Within the Eu-med Partnershipmentioning

confidence: 99%

The European Neighbourhood Policy: A Framework for Modernisation?

Cremona

Meloni

2007

SSRN Journal

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This text may be downloaded for personal research purposes only. Any additional reproduction for other purposes, whether in hard copy or electronically, requires the consent of the author(s), editor(s). If cited or quoted, reference should be made to the full name of the author(s), editor(s), the title, the working paper or other series, the year, and the publisher. The author(s)/editor(s) should inform the Law Department of the EUI if the paper is to be published elsewhere, and should also assume responsibility for any consequent obligation(s).

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“…The issue of increased vulnerability, resulting from trade liberalization, as experienced by countries in Central and East Europe (CEECs) since the early 1990s, is taken up by Montalbano et al (2006). Focusing on macro vulnerability, their analysis shows that the extremely high volatility of consumption observed in this region is strongly related to trade shocks and that the per capita income of the poorest quintile of the population is most vulnerable to these trade shocks.…”

Section: Vulnerability Channelmentioning

confidence: 99%

A Quest for Pro-poor Globalization

Nissanke

Thorbecke²

2007

Advancing Development

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While the opportunities offered by globalization can be large, the question is often raised whether the actual distribution of gains is fair and, in particular, whether the poor benefit proportionately less from globalization and could under some circumstances actually be hurt by it. The paper discusses channels and transmission mechanisms through which the process of globalization affects different aspects and dimensions of poverty in the developing world. It examines how these numerous channels interact, as the net effects on poverty depend on the relative strength of the positive and negative forces of globalization. On the basis of our analysis of these transmission mechanisms from globalization to the world's poor, the paper discusses what may constitute a policy framework for encouraging globalization to be pro-poor.

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Trade Openness and Vulnerability in Central and Eastern Europe

Cited by 6 publications

References 36 publications

Total factor productivity and macroeconomic instability

Total factor productivity and macroeconomic instability

The European Neighbourhood Policy: A Framework for Modernisation?

A Quest for Pro-poor Globalization

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