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Trade adjustment policies and income distribution in three archetype developing economies (Английский)

This paper explores quantitatively the macroeconomic and distributional impacts on non-oil producing, semi-industrial developing countries of external shocks originating in the world economy - in particular, rising costs of imports and shrinking export markets. The empirical effects of the same external shock are modelled for three different archetype economies: a primary exporter, a manufacturing exporter, and a closed economy. Three different policy-adjustment...
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