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- W2534371540 abstract "Abstract Why and when do developing countries file trade disputes at the World Trade Organization (WTO)? Although financial conditions have long been considered an important driver of trade policy, they have been largely absent from the literature on trade disputes. We argue that developing country governments bring more trade dispute to the WTO when overvalued real exchange rates put exporters at a competitive disadvantage. This dynamic is most prevalent in countries where large foreign currency debt burdens discourage nominal currency devaluations that would otherwise serve exporters’ interests. Our findings provide an explanation for differences in dispute participation rates among developing countries, and also suggest a new link between exchange rate regimes and trade policy." @default.
- W2534371540 created "2016-10-28" @default.
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- W2534371540 date "2016-01-01" @default.
- W2534371540 modified "2023-10-06" @default.
- W2534371540 title "Real Exchange Rate Overvaluation and WTO Dispute Initiation in Developing Countries" @default.
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- W2534371540 doi "https://doi.org/10.1017/s0020818316000278" @default.
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