Collateral damage
Shang-Jin Wei
Reading Time
at 250 WPM31 minutes
The average reader, reading at a speed of 250 WPM, would take 31 minutes to read Collateral damage.
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Collateral damage
Published
2007
Publisher
National Bureau of Economic Research
Pages
31
Description
"While new conventional wisdom warns that developing countries should be aware of the risks of premature capital account liberalization, the costs of not removing exchange controls have received much less attention. This paper investigates the negative effects of exchange controls on trade. To minimize evasion of controls, countries often intensify inspections at the border and increase documentation requirements. Thus, the cost of conducting trade rises. The paper finds that a one standard-deviation increase in the controls on trade payment has the same negative effect on trade as an increase in tariff by about 14 percentage points. A one standard-deviation increase in the controls on FX transactions reduces trade by the same amount as a rise in tariff by 11 percentage points. Therefore, the collateral damage in terms of foregone trade is sizable"--National Bureau of Economic Research web site.
Subjects
History of the Decline and Fall of the Roman Empire Complete and Unabridged
International economics
Balance of Payments Statistics Yearbook
The balance of payments
Balance of payments manual
Balance of payments textbook
Frequently Asked Questions
How many pages are in Collateral damage?
This edition of Collateral damage has approximately 31 pages. Please note, this is an estimate and the exact page count can vary between hardcover, paperback, and e-book versions.
How long does it take to read Collateral damage?
For most readers, Collateral damage typically takes between 39m and 26m to complete. This is based on the book's length of approximately 7,750 words and common reading speeds.
Here's a detailed breakdown: • Continuous reading at 250 WPM: approximately 31m of focused reading • Casual reading (30 minutes/day): you could finish in roughly 2 days • Estimated word count: 7,750 words
Your individual reading time will vary based on your personal reading pace, the amount of daily reading time, and your familiarity with the subject matter.
What is the word count of Collateral damage?
The estimated word count for Collateral damage is approximately 7,750 words. This figure is calculated using industry-standard methods that consider genre-specific word density patterns, typical formatting and layout characteristics, and standard words-per-page ratios for published books.
This is an approximation — actual word count may vary based on font size, formatting, edition, and the presence of illustrations or charts.
Who is the author of Collateral damage?
Collateral damage was written by Shang-Jin Wei.
When was Collateral damage published?
The publication date for this specific edition is 2007. The original work may have been published on a different date.