WorldCat Identities

Sorsa, Piritta 1955-

Overview
Works: 48 works in 197 publications in 1 language and 2,204 library holdings
Roles: Author, Other, Contributor
Publication Timeline
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Most widely held works by Piritta Sorsa
European integration and trade with the developing world by Gerhard Pohl( )

14 editions published in 1992 in English and held by 553 WorldCat member libraries worldwide

European economic integration is proving to be good for most developing countries. Overall, the creation of the European Community (EC) has imparted a liberalizing trend on the trade policies of most of its members, by lowering tariffs and reducing nontariff barriers. The single market project, initiated in 1985, will complete the process of market integration for most goods and services. Market unification will improve external access and accelerate growth in EC incomes - increasing import demand. Higher growth should also help to contain protectionist pressures within the European Community. EC policies toward developing countries are not perfect - far from it. But the effects of European integration must be compared to what would have happened in its absence. Generally, moves to strengthen integration - in the early 1960s and since 1985 - have been accompanied by reductions in external-trade barriers, while periods of slow integration have also witnessed a resurgence of protectionism and introduction of new trade barriers. However, macroeconomic conditions - such as period of flow growth or wide fluctuations in exchange rates - have been more important determinants of trade patterns and protectionist pressures. Agriculture is perhaps the only sector where EC membership may have contributed to an upward drift in protection
Macroeconomic challenges with EU accession in Southeastern Europe : an overview by Piritta Sorsa( )

10 editions published in 2006 in English and held by 408 WorldCat member libraries worldwide

The paper reviews key macroeconomic challenges with EU accession in Southeastern Europe (SEE). Most of the countries in the region are years away from EU accession and need substantial progress to meet the key macroeconomic criteria-the establishment of a functioning market economy and macroeconomic stability. The former calls for further structural reforms. While macroeconomic stability is essential throughout the EU accession process, the importance of specific outcomes increases in the last stage of accession, when countries face decisions to apply for entry into the ERM2 and the Maastricht criteria (Bulgaria and Romania). The main challenges with establishing macroeconomic stability in other countries are related to sustainability of their monetary frameworks, risks from rapid financial deepening, and further fiscal consolidation to support growth and stabilization. Most of the SEE countries have room to lower public spending and increase the share of pro-growth spending
Trade liberalization in IMF-supported programs by Piritta Sorsa( Book )

15 editions published in 1998 in English and held by 329 WorldCat member libraries worldwide

This study assesses trade liberalization in programs supported by the International Moentary Fund based on a review of multiyear arrangements in the 1990s and on six detailed case studies. The review compares the initial degree of restrectiveness of each country's trade regime, each program's trade liberalization objectives, and the degree of trade restrictiveness at the end of the program. It then discusses the main economic factors affecting trade policy targets, including in particular the impact of fiscal considerations. The case studies extend this effort to program design and negotiation, and the key factors relevant to implementation
Exploring determinants of subjective wellbeing in OECD countries evidence from the world value survey by Sarah Flèche( )

7 editions published between 2011 and 2012 in English and held by 100 WorldCat member libraries worldwide

The paper explores issues with assessing wellbeing in OECD countries based on self-reported life satisfaction surveys in a pooled regression over time and countries, at the country level and the OECD average. The results, which are in line with previous studies of subjective wellbeing, show that, apart from income, the state of health, not being unemployed, and social relationships are particularly important for wellbeing with only some differences across countries. The results also show that cultural differences are not major drivers of differences in life satisfaction. Correlations between the rankings of measures of life satisfaction and other indicators of wellbeing such as the Human Development Index and Better Life Index are also relatively high. Measures of subjective wellbeing can play an important part in informing policy makers of progress with wellbeing in general, or what seems to matter for wellbeing— health, being employed and social contacts-- beyond income
Raising the Economic Participation of Women in India : a New Growth Engine? by Piritta Sorsa( )

4 editions published in 2015 in English and held by 72 WorldCat member libraries worldwide

Economic participation of women in the labour force or as entrepreneurs is low compared to peers and has declined over the past decades despite strong growth. The gap with men is over 50%--the largest among key emerging markets. Participation declines with higher education achievements and family incomes. The reasons are complex: socioeconomic and cultural factors are important - family status increases if women stay home, house work has become more attractive than poorly paid market work as husband's incomes have risen; and safety concerns and poor infrastructure keep women from market work. Nevertheless, high unemployment among educated women and revealed preference for work in surveys indicate that many women would work if conditions improved. Availability of jobs is also an issue as the high growth has not created enough jobs for men and especially for women. Specific gender policies will be needed to enlarge economic opportunities for women and to overcome socioeconomic and cultural barriers. This paper analyses the determinants of low female economic participation and recommends policies for raising it. The paper also estimates long-term growth effects of raising participation with selected policies. More and better jobs for women in India could raise growth by about 2 percentage points a year over time. This Working Paper relates to the 2014 OECD Economic Survey of India (http://www.oecd.org/eco/surveys/economic-survey-india.htm)
Competitiveness in Bulgaria : an assessment of the real effective exchange rate by Dimitar Chobanov( )

8 editions published in 2004 in English and held by 64 WorldCat member libraries worldwide

This paper presents an empirical analysis of the medium- and long-term determinants of the real (effective) exchange rate (RER) of the Bulgarian lev using elements from the natural real exchange rate (NATREX) and the behavioral equilibrium exchange rate (BEER) approaches. The results indicate that the RER is driven by fundamentals, including labor productivity, terms of trade, world real interest rates, gross savings, and foreign direct investment. The model also shows that there is no significant misalignment of the Bulgarian lev
Algeria-- the real exchange rate, export diversification, and trade protection by Piritta Sorsa( )

10 editions published in 1999 in English and held by 61 WorldCat member libraries worldwide

Discusses the reduction in trade protection in Algeria would tend to depreciate the equilibrium real exchange rate, whicj in turn would improve competitiveness of and incentives for investing in non-oil exports
A review of capital account restrictions in Chile in the 1990s by Francisco Nadal-De Simone( )

9 editions published in 1999 in English and held by 59 WorldCat member libraries worldwide

Examines the Chilean experience with capital controls and reviews studies on controls on capital flows
The GATS Agreement on Financial Services : a modest start to multilateral liberalization by Piritta Sorsa( )

10 editions published in 1997 in English and held by 59 WorldCat member libraries worldwide

This paper analyzes the links between multilateral, and unilateral financial liberalization, the former represented by the General Agreements on Trade in Services (GATS). It provides an overview of the main features of the GATS and what the participants in banking and securities within its framework, and compares GATS liberalization with the actual state of liberalization of the participants’ financial sectors. The results suggest that in many countries multilaterally liberalized financial sector policies are more restrictive than the actual state of openness or development of financial sectors. Many emerging markets liberalized little under the GATS despite often well-developed financial markets, while the opposite was true in some less developed developing countries
Macroeconomic conditions and import surcharges in selected transition economies by Piritta Sorsa( )

6 editions published in 1999 in English and held by 54 WorldCat member libraries worldwide

Analyses the role of macroeconomic conditions and policies in the demand for protection expressed in trade policy reversals in selected transition economies
Vulnerabilities in emerging Southeastern Europe : how much cause for concern? by Piritta Sorsa( )

8 editions published in 2007 in English and held by 46 WorldCat member libraries worldwide

While large inflows of capital into Southeastern Europe (SEE) have raised incomes, this has increased vulnerability to financial risks, which, if realized, can lead to costly adjustments. Traditional vulnerability indicators in SEE have reached levels that in other countries have not been sustainable, and sectoral analysis shows rising imbalances and raises questions about efficient use of the inflows. While factors related to EU integration mitigate these vulnerabilities, weaker institutions reduce these benefits in SEE compared to more advanced European emerging markets. To insure against setbacks to income convergence, SEE policymakers should take measures to reverse the buildup of vulnerabilities
The burden of Sub-Saharan African own commitments in the Uruguay Round : myth or reality? by Piritta Sorsa( Book )

8 editions published in 1995 in English and held by 42 WorldCat member libraries worldwide

Annotation
Environmental protectionism, North-South trade, and the Uruguay round by Piritta Sorsa( Book )

6 editions published in 1995 in English and held by 38 WorldCat member libraries worldwide

Annotation
Regional integration and the Baltics : which way? by Piritta Sorsa( Book )

9 editions published in 1994 in English and held by 36 WorldCat member libraries worldwide

The environment : a new challenge to GATT? by Piritta Sorsa( Book )

8 editions published between 1991 and 1992 in English and held by 35 WorldCat member libraries worldwide

Competitiveness and environmental standards : some exploratory results by Piritta Sorsa( Book )

7 editions published in 1994 in English and held by 34 WorldCat member libraries worldwide

Regional integration and Baltic trade and investment performance by Piritta Sorsa( Book )

8 editions published in 1997 in English and held by 34 WorldCat member libraries worldwide

This paper analyzes the role of regional arrangements in trade and foreign direct investment (FDI) performance in the Baltics. While progress with transition is a key determinant of trade and FDI performance, regional arrangements with Western Europe have helped develop trade and transfer of technology, but have not yet led to export-related foreign direct investment toward the European Union. The main reasons for this are policy uncertainties, need for more progress with transition, and restrictions in the trade agreements, especially on the European Union side. Intra-Baltic integration has not yet led to substantial trade and FDI growth between the Baltics
Exploring Determinants of Subjective Wellbeing in OECD Countries : Evidence from the World Value Survey by Sarah Flèche( )

2 editions published between 2011 and 2012 in English and held by 31 WorldCat member libraries worldwide

The paper explores issues with assessing wellbeing in OECD countries based on self-reported life satisfaction surveys in a pooled regression over time and countries, at the country level and the OECD average. The results, which are in line with previous studies of subjective wellbeing, show that, apart from income, the state of health, not being unemployed, and social relationships are particularly important for wellbeing with only some differences across countries. The results also show that cultural differences are not major drivers of differences in life satisfaction. Correlations between the rankings of measures of life satisfaction and other indicators of wellbeing such as the Human Development Index and Better Life Index are also relatively high. Measures of subjective wellbeing can play an important part in informing policy makers of progress with wellbeing in general, or what seems to matter for wellbeing--health, being employed and social contacts-- beyond income
Honduras, statistical annex by International Monetary Fund( )

3 editions published in 2000 in English and held by 30 WorldCat member libraries worldwide

Annotation
Trade policy in financial services by Natalia T Tamirisa( )

3 editions published in 2000 in English and Undetermined and held by 22 WorldCat member libraries worldwide

Financial services-insurance, credit, securities trading, and portfolio management-are increasingly becoming tradable in the modern global high-tech economy. Many countries have liberalized regulatory regimes for trading financial services across borders and via local presence, although the degree of liberalization varies across countries. Multilateral and regional initiatives under the auspices of the European Union, the Organization for Economic Cooperation and Development, and the World Trade Organization have also been instrumental in fostering integration of financial services markets
 
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Trade liberalization in IMF-supported programs
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Alternative Names
Piritta Sorsa Finnish economist

Piritta Sorsa Fins econome

Sorsa, P. 1955-

Languages
English (154)