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Persistent link: https://www.econbiz.de/10004069189
In most macroeconomic models, the substitutability between domestic and foreign goods is calibrated using aggregated data. This imposes homogeneous elasticities across goods, and the calibration is only valid under this assumption. If elasticities are heterogeneous, the aggregate...
Persistent link: https://www.econbiz.de/10014402215
Trade integration can play a much larger role in boosting shared prosperity. The current focus on trade tensions threatens to obscure the great untapped benefits possible from further trade reform. The opportunities provided by information technology and other fundamental changes in the global...
Persistent link: https://www.econbiz.de/10014408459
There is a widespread view that the adjustment of U.S. trade prices--and hence merchandise trade flows--in the face of the substantial dollar depreciation since early 1985 has been slower than might have been expected. This paper examines the recent behavior of U.S. trade prices, and concludes...
Persistent link: https://www.econbiz.de/10014396298
This paper examines Cambodia’s Poverty Reduction Strategy Paper Progress. The Cambodian economy grew by 5.2 percent in 2003 compared with 5.5 percent in 2002, led by continued growth in garments exports, a rebound in overall investments and an upward surge in agricultural production. The...
Persistent link: https://www.econbiz.de/10005768400
A joint IMF-World Bank mission visited Thailand from November 1 to 16, 2018, and February 6 to 22, 2019, to update the …
Persistent link: https://www.econbiz.de/10012646627
While Thailand's pension system is typically described as a multipillar pension scheme, its design is highly fragmented …
Persistent link: https://www.econbiz.de/10012646631
This assessment of the implementation of the BCP by the BOT is part of the FSAP undertaken by the IMF and the World Bank. The assessment was performed October 25 through November 16, 2018 and is based on the regulatory and supervisory framework in place at the time of this visit. Compliance was...
Persistent link: https://www.econbiz.de/10012646632
This is an assessment of the Securities and Exchange Commission of Thailand (SEC) and, secondarily, of certain self …-regulatory organizations (SRO) that participate in the regulation of the capital markets of Thailand. This assessment was conducted in February …) and the World Bank. The financial sector of Thailand shows strong growth and is dominated by banks, which are a major …
Persistent link: https://www.econbiz.de/10012646633
of the International Monetary Fund and World Bank Financial Sector Assessment Program (FSAP) of Thailand in November 2018 … the assessment includes two main FMIs as well as the authorities in Thailand responsible for regulation, supervision, and …
Persistent link: https://www.econbiz.de/10012646634