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The paper explores the relationship between trade policy and current accounts. The effect on the current account of a change in protection at home and then abroad is analyzed, assuming that the exchange rate floats. The “savings-and-investment approach” is used. It shows that there is no...
Persistent link: https://www.econbiz.de/10014396105
The Handbook on Measuring Digital Trade sets out a conceptual and measurement framework for digital trade which aligns with the broader standards for macro-economic statistics. It aims to help statistical compilers to address policymakers' needs for statistical evidence on digital trade. It...
Persistent link: https://www.econbiz.de/10014435647
Digital technologies have made it increasingly feasible for buyers and sellers to place and receive orders on a global scale. They also enable the instantaneous remote delivery of services directly into businesses and homes, including internationally. The Handbook on Measuring Digital Trade sets...
Persistent link: https://www.econbiz.de/10015059179
The Annual Report 2006 to the Board of Governors reviews the IMF’s activities and policies during the financial year (May 1, 2005, through April 30, 2006). The main sections cover the Fund’s Medium-Term Strategy; country, global, and regional surveillance; strengthening surveillance and crisis...
Persistent link: https://www.econbiz.de/10014405224
equipped to thrive in this new world. History clearly tells us that closing borders or increasing protectionism is not the way … been the prime beneficiaries of economic openness. According to the World Bank, trade has helped reduce by half the …-moved from being one of the world's poorest nations to middle-income status-which has allowed for increased investments in health …
Persistent link: https://www.econbiz.de/10014408074
Against a backdrop of declining oil prices, sharp variations in exchange rates, and market volatility, global growth remains uneven. The prospect of a new mediocre lingers as medium-term forecasts have been marked down since the last GPA. Promoting balanced, sustained growth requires an...
Persistent link: https://www.econbiz.de/10014408526
The global economy is gaining momentum, but further progress hinges on policies to support the recovery, lift productivity growth, and enhance resilience. Against the background of rapid technological progress, a cooperative multilateral framework for trade and financial integration has served...
Persistent link: https://www.econbiz.de/10014408685
, globalization and financial deepening …
Persistent link: https://www.econbiz.de/10014409842
Aid for trade can support countries trying to further benefit from the expanding global market place by helping to address poorly performing infrastructure and institutions. Needless to say, good policies also matter: trade liberalization, improving incentives for private investment in trade,...
Persistent link: https://www.econbiz.de/10014409848