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The global recovery continues. Although it is not yet complete, the more favorable conjuncture offers an opportunity to tackle key policy challenges to stave off medium-term downside risks, rebuild buffers, and raise potential output. Countries should undertake well-sequenced reforms to increase...
Persistent link: https://www.econbiz.de/10014408704
, reserves, capital flows, and external balance sheets of the world's largest economies. The 2018 edition includes an analytical …
Persistent link: https://www.econbiz.de/10014408937
Persistent link: https://www.econbiz.de/10014409934
The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff … economists' analyses of global economic developments during the near and medium term. Chapters give an overview of the world …
Persistent link: https://www.econbiz.de/10014403935
increase in protectionist pressures, and the disappointing performance of world trade, renewed concern has been expressed about …
Persistent link: https://www.econbiz.de/10014406218
set up by treaty in 1945 to help promote the health of the world economy. Through its work, the IMF helps to keep the … world economy running as smoothly as possible. Its work is aimed partly at the prevention of economic and financial crises … countries' economic size, determine countries' voting power in the IMF and the limits to what they can borrow. The IMF and World …
Persistent link: https://www.econbiz.de/10014397381
This paper reviews major issues and developments in the trade area and outlines the challenges governments face as they seek to liberalize trade in the Uruguay Round of trade negotiations and address new trade issues. In industrial countries, the reorientation of policies was most apparent in...
Persistent link: https://www.econbiz.de/10014397644
can be conveyed by the degree that world trade is affected by countries adopting different arrangements …
Persistent link: https://www.econbiz.de/10014397802
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
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