Mark | Date Date | Title Title | |||
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No. 52 | 01 Feb 1992 |
On the Pricing of LDC Debt
This paper displays and discusses historical data on sovereign debt prices for two Latin American countries and provides a signalling framework to account for the following phenomena: (a) prices for old (defaulted) and newly-issued debts were the... |
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No. 51 | 01 Dec 1991 |
Policy and Entrepreneurial Responses to the Montreal Protocol
This Technical Paper examines: (i) how the governments of the six dynamic Asian economies — Hong Kong, Korea, Malaysia, Singapore, Taiwan, and Thailand — have responded to the challenge posed by the Montreal Protocol to reduce their consumption of... |
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No. 50 | 01 Dec 1991 |
Aggregation by Industry in General Equilibrium Models with International Trade
Models of trading economies have become very large in dimensions and complex in structure. This paper seeks conditions under which it is possible to aggregate the production and consumption of groups of commodities in "industries": commodity groups... |
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No. 49 | 01 Dec 1991 |
Macro-Micro Linkages
In the 1960s, the principle of subsidies for agricultural inputs was unquestioned. The advent of Structural Adjustment Plans led however to a re-examination of this principle, as preference moved towards liberalisation of the agricultural sector.... |
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No. 48 | 01 Nov 1991 |
Trade Policies in a Global Context
The Rural/Urban-North/South Model (RUNS) is a global applied general equilibrium model, with a focus on agriculture. RUNS was initially developed in the early 1980's and has been used throughout the 1980's to provide analyses of world agricultural... |
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No. 47 | 01 Nov 1991 |
Scenarios for the World Trading System and Their Implications for Developing Countries
Four scenarios for the global trading system in the 1990s are outlined and their implications for developing countries considered: (i) further development of a GATT-based trading regime; (ii) development of a world of trading blocs -- where the... |
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No. 46 | 01 Oct 1991 |
The External Financing of Brazilian Imports (Special Series on Mixed Credits, in Collaboration with ICEPS)
On average, the role of export-credit operations (ECOs) in the Brazilian economy has been modest: during the 1985-89 period they involved only 2.57 per cent of total Brazilian imports, highly concentrated in "equipment" (excluding transport, but... |
|||
No. 45 | 01 Oct 1991 |
The External Financing of Thailand's Imports (Special Series on Mixed Credits, in Collaboration with ICEPS)
This study has three basic objectives. First, it estimates the subsidy rates for the officially supported external financing received by the Thai public sector. Second, it attempts to provide some analysis of the impact of this concessional funding... |
|||
No. 44 | 01 Sept 1991 |
Le partage du fardeau entre les créanciers de pays débiteurs défaillants
This Technical paper presents the results of research carried out with the aim of defining and explaining how the debt crisis burden is shared between the different creditors. The interaction between creditors, which is seen primarily in this... |
|||
No. 43 | 01 Aug 1991 |
Toward a Concept of Development Agreements
The problems associated with structural stagnation, the debt crisis, and policy mismanagement have proved resistant to the procedures of balance-of-payments stabilization and structural adjustment of the International Monetary Fund and the World... |
|||
No. 42 | 01 Aug 1991 |
Time-Varying Estimates on the Openness of the Capital Account in Korea and Taiwan
How open are the capital accounts in Korea and Taiwan? Has there been a trend towards more financial openness during the 1980s? This paper aims at answering both questions by estimating a model of interest determination first outlined by Edwards and... |
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No. 41 | 01 Aug 1991 |
The Changing Nature of IMF Conditionality
In the terminology of the International Monetary Fund, "conditionality" refers to the policies the Fund expects a member to follow in order to be able to avail itself of credit from the Fund (Gold, 1979). Over the years, major changes in the... |
|||
No. 40 | 01 Jul 1991 |
Measuring and Modelling Non-Tariff Distortions with Special Reference to Trade in Agricultural Commodities
This paper examines issues which have arisen from the growth of non-tariff measures (NTM)s as the preferred instrument of government intervention in commodities markets, especially for agricultural commodities. In order to understand the effects of... |
|||
No. 39 | 01 Jul 1991 |
Buybacks of LDC Debt and the Scope for Forgiveness
This paper explains why a debtor country may be eager to spend foreign exchange reserves on the retirement of its cross-border obligations at market prices. A simple two-period framework shows that such spending can be profitable to both the debtor... |
|||
No. 38 | 01 Jul 1991 |
Long-Term Capital Reflow Under Macroeconomic Stabilization in Latin America
This paper focuses on the scope for stabilizing Latin American economies to repatriate capital for the financing of long-term investments and economic recovery in the region. In particular, a simple two-period investment model is developed to show... |
|||
No. 37 | 01 Jul 1991 |
The External Financing of Indonesia's Imports (Special Series on Mixed Credits, in Collaboration with ICEPS)
Foreign borrowing as a source of additional savings can be valuable to a nation whose supply of long-term investment funds is scarce, relative to the amount of its productive investment opportunities. Indonesia is an example of such a country. It has... |
|||
No. 36 | 01 Jul 1991 |
Capital Flows and the External Financing of Turkey's Imports (Special Series on Mixed Credits, in Collaboration with ICEPS)
Subsidized capital flows have made a major contribution to the recovery of the Turkish economy from the acute balance of payments crisis of the late 1970s. The inflow of foreign capital on a substantial scale has facilitated rapid growth in imports... |
|||
No. 35 | 01 Mar 1991 |
Changing Comparative Advantage in Thai Agriculture
Two key developments affected Thai agriculture in the last decade: the precipitous decline (until 1988) in world prices for the major agricultural items exported by Thailand, and the decline in the amount of cultivable land available for each... |
|||
No. 34 | 01 Jan 1991 |
Biotechnology and Developing Country Agriculture
After rice, maize is the second most important staple food in Indonesia, and is cultivated under a diversity of agro-ecological conditions. While food accounts for more than half total maize utilisation, demand for maize as livestock feed -... |
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No. 32 | 01 Oct 1990 |
Debt Overhang, Liquidity Constraints and Adjustment Incentives
Investment in most heavily indebted countries has been weak since 1982. The widely accepted debt overhang proposition interprets the investment drop as a moral hazard problem: a heavy debt burden raises the incentive to consume, because the marginal... |
OECD Development Centre Working Papers
English, French
- ISSN: 18151949 (online)
- https://doi.org/10.1787/18151949
301 - 320 of 351 results
On the Pricing of LDC Debt
Béatriz Armendariz de Aghion
01 Feb 1992
This paper displays and discusses historical data on sovereign debt prices for two Latin American countries and provides a signalling framework to account for the following phenomena: (a) prices for old (defaulted) and newly-issued debts were the...
Policy and Entrepreneurial Responses to the Montreal Protocol
David O’Connor
01 Dec 1991
This Technical Paper examines: (i) how the governments of the six dynamic Asian economies — Hong Kong, Korea, Malaysia, Singapore, Taiwan, and Thailand — have responded to the challenge posed by the Montreal Protocol to reduce their consumption of...
Aggregation by Industry in General Equilibrium Models with International Trade
Peter J. Lloyd
01 Dec 1991
Models of trading economies have become very large in dimensions and complex in structure. This paper seeks conditions under which it is possible to aggregate the production and consumption of groups of commodities in "industries": commodity groups...
Macro-Micro Linkages
Jean-Marc Fontaine and Alice Sindzingre
01 Dec 1991
In the 1960s, the principle of subsidies for agricultural inputs was unquestioned. The advent of Structural Adjustment Plans led however to a re-examination of this principle, as preference moved towards liberalisation of the agricultural sector....
Trade Policies in a Global Context
Jean-Marc Burniaux and Dominique van der Mensbrugghe
01 Nov 1991
The Rural/Urban-North/South Model (RUNS) is a global applied general equilibrium model, with a focus on agriculture. RUNS was initially developed in the early 1980's and has been used throughout the 1980's to provide analyses of world agricultural...
Scenarios for the World Trading System and Their Implications for Developing Countries
Robert Z. Lawrence
01 Nov 1991
Four scenarios for the global trading system in the 1990s are outlined and their implications for developing countries considered: (i) further development of a GATT-based trading regime; (ii) development of a world of trading blocs -- where the...
The External Financing of Brazilian Imports (Special Series on Mixed Credits, in Collaboration with ICEPS)
Enrico Colombatto, Elisa Luciano, Luca Gargiulo, Pietro Garibaldi and Giuseppe Russo
01 Oct 1991
On average, the role of export-credit operations (ECOs) in the Brazilian economy has been modest: during the 1985-89 period they involved only 2.57 per cent of total Brazilian imports, highly concentrated in "equipment" (excluding transport, but...
The External Financing of Thailand's Imports (Special Series on Mixed Credits, in Collaboration with ICEPS)
Supote Chunanunthathum
01 Oct 1991
This study has three basic objectives. First, it estimates the subsidy rates for the officially supported external financing received by the Thai public sector. Second, it attempts to provide some analysis of the impact of this concessional funding...
Le partage du fardeau entre les créanciers de pays débiteurs défaillants
Jean-Claude Berthélemy and Ann Vourc'h
01 Sept 1991
This Technical paper presents the results of research carried out with the aim of defining and explaining how the debt crisis burden is shared between the different creditors. The interaction between creditors, which is seen primarily in this...
Toward a Concept of Development Agreements
F. Gerard Adams
01 Aug 1991
The problems associated with structural stagnation, the debt crisis, and policy mismanagement have proved resistant to the procedures of balance-of-payments stabilization and structural adjustment of the International Monetary Fund and the World...
Time-Varying Estimates on the Openness of the Capital Account in Korea and Taiwan
Helmut Reisen and Hélène Yèches
01 Aug 1991
How open are the capital accounts in Korea and Taiwan? Has there been a trend towards more financial openness during the 1980s? This paper aims at answering both questions by estimating a model of interest determination first outlined by Edwards and...
The Changing Nature of IMF Conditionality
Jacques J. Polak
01 Aug 1991
In the terminology of the International Monetary Fund, "conditionality" refers to the policies the Fund expects a member to follow in order to be able to avail itself of credit from the Fund (Gold, 1979). Over the years, major changes in the...
Measuring and Modelling Non-Tariff Distortions with Special Reference to Trade in Agricultural Commodities
Peter J. Lloyd
01 Jul 1991
This paper examines issues which have arisen from the growth of non-tariff measures (NTM)s as the preferred instrument of government intervention in commodities markets, especially for agricultural commodities. In order to understand the effects of...
Buybacks of LDC Debt and the Scope for Forgiveness
Béatriz Armendariz de Aghion
01 Jul 1991
This paper explains why a debtor country may be eager to spend foreign exchange reserves on the retirement of its cross-border obligations at market prices. A simple two-period framework shows that such spending can be profitable to both the debtor...
Long-Term Capital Reflow Under Macroeconomic Stabilization in Latin America
Béatriz Armendariz de Aghion
01 Jul 1991
This paper focuses on the scope for stabilizing Latin American economies to repatriate capital for the financing of long-term investments and economic recovery in the region. In particular, a simple two-period investment model is developed to show...
The External Financing of Indonesia's Imports (Special Series on Mixed Credits, in Collaboration with ICEPS)
Glenn P. Jenkins and Henry B. F. Lim
01 Jul 1991
Foreign borrowing as a source of additional savings can be valuable to a nation whose supply of long-term investment funds is scarce, relative to the amount of its productive investment opportunities. Indonesia is an example of such a country. It has...
Capital Flows and the External Financing of Turkey's Imports (Special Series on Mixed Credits, in Collaboration with ICEPS)
Ziya Önis and Süleyman Özmucur
01 Jul 1991
Subsidized capital flows have made a major contribution to the recovery of the Turkish economy from the acute balance of payments crisis of the late 1970s. The inflow of foreign capital on a substantial scale has facilitated rapid growth in imports...
Changing Comparative Advantage in Thai Agriculture
Ammar Siamwalla, Suthad Setboonsarng and Prasong Werakarnjanapongs
01 Mar 1991
Two key developments affected Thai agriculture in the last decade: the precipitous decline (until 1988) in world prices for the major agricultural items exported by Thailand, and the decline in the amount of cultivable land available for each...
Biotechnology and Developing Country Agriculture
Hidjat Nataatmadja
01 Jan 1991
After rice, maize is the second most important staple food in Indonesia, and is cultivated under a diversity of agro-ecological conditions. While food accounts for more than half total maize utilisation, demand for maize as livestock feed -...
Debt Overhang, Liquidity Constraints and Adjustment Incentives
Bert Hofman and Helmut Reisen
01 Oct 1990
Investment in most heavily indebted countries has been weak since 1982. The widely accepted debt overhang proposition interprets the investment drop as a moral hazard problem: a heavy debt burden raises the incentive to consume, because the marginal...