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In this paper, the World Bank and the International Monetary Fund have drawn together available research findings on the benefits of trade liberalization as well as on the obstacles to trade-oriented development
Persistent link: https://www.econbiz.de/10014409867
This 2005 Article IV Consultation highlights that Australia has implemented wide-ranging structural reforms and strengthened the frameworks for monetary and fiscal policies over the past two decades. As a result, Australia’s economic expansion is now in its 14th year, with growth...
Persistent link: https://www.econbiz.de/10005599095
Increased globalization - the international integration of markets forgoods, technology, labor, and capital - has …
Persistent link: https://www.econbiz.de/10015058164
labor groups (skilled vs. unskilled) and not only between the "traditional" rural vs. urban factors. Finally, export taxes …
Persistent link: https://www.econbiz.de/10008727799
This Selected Issues paper analyzes Portugal’s export performance in 2006 and assesses whether it might augur a … sustained recovery. The paper examines the factors underlying the recent export rebound, and searches for signs of fundamental … changes in structures of the export industries during the last decade. It highlights the importance of labor market …
Persistent link: https://www.econbiz.de/10011244471
For more than a decade, growth in Germany has been subdued and uneven. This paper introduces the stylized facts pertaining to the strength in exports, the weakness in domestic demand, and the surge in the current account. It discusses the adjustment undertaken in the private sector and its...
Persistent link: https://www.econbiz.de/10011244845
An assessment is provided of The Gambia’s performance in meeting the requirements for reaching the completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative is provided. Next, the paper reviews the status of creditor participation and presents an updated debt...
Persistent link: https://www.econbiz.de/10011245106
foreign direct investment, export diversification, and value-added upgrading. Financial soundness indicators held up in 2007 …
Persistent link: https://www.econbiz.de/10011245584
This paper discusses Bangladesh’s Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Requests for Waiver of Performance Criteria. Bangladesh’s macroeconomic policies have been prudent. December 2003 quantitative targets and...
Persistent link: https://www.econbiz.de/10005768437
This paper presents an overview of the economy of Hungary. The paper highlights that during the Fifth Five-Year Plan (1976–80), actual growth rates for almost all major plan aggregates remained below the targets. The lower targets set for the increase in both consumption and investment in...
Persistent link: https://www.econbiz.de/10005590940