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The role of trade in the global economy is at a critical juncture. Increased trade integration helped to drive economic growth in advanced and developing economies in the latter part of the 20th century. Since the early 2000's, however, a slowdown in the pace of trade reform, a post-crisis...
Persistent link: https://www.econbiz.de/10014408691
The paper examines empirically the question of whether more unequal societies spend more on income redistribution than their more egalitarian counterparts. Theoretical arguments on this issue are inconclusive. The political economy literature suggests that redistributive spending is higher in...
Persistent link: https://www.econbiz.de/10014400085
Of the new members entering the European Union (EU) in May 2004, several had achieved a decade of impressive export … growth, expanding significantly their shares of world markets. The empirical analysis shows that over the period 1994 …
Persistent link: https://www.econbiz.de/10014404829
A study by the author published in 1988 proposed the hypothesis that export instability depends upon the level of … findings, explains why diversification has increased export instability in many developing countries, and discusses the policy …
Persistent link: https://www.econbiz.de/10014396185
Islam proposes the replacement of an interest-based financial system with one which operates on the basis of risk and profit sharing. Using a general equilibrium model, this paper investigates some open-economy implications of the adoption of Islamic banking for growth and stabilization of the...
Persistent link: https://www.econbiz.de/10014396001
The International Monetary Fund's Executive Board regularly reviews progress and developments under the Data Standards Initiatives. The last review-Eighth Review-undertaken in February 2012 introduced the Special Data Dissemination Standard (SDDS) Plus. In light of the long experience under the...
Persistent link: https://www.econbiz.de/10014408657
Persistent link: https://www.econbiz.de/10014409942
This Supplement describes how the staff proposes to achieve further synergies by mapping the DQAF into the metadata structure of the DQP's other key component: (3) the data transparency initiatives comprising the Special Data Dissemination Standard (SDDS) and General Data Dissemination System (GDDS)
Persistent link: https://www.econbiz.de/10014410028
Standards assessments serve several important objectives but are not well integrated into Fund surveillance. Financial standards assessments, when undertaken in the context of FSAPs, are used to identify weaknesses in financial regulation and supervision, or other areas covered by international...
Persistent link: https://www.econbiz.de/10014410564
Over the past decade, the United States has been very successful atcreating jobs. Some other industrial countries have clearly lagged behind. But what is the reason why some countries are more successful than others at creating employment? Are there common factors that explainjob creation? This...
Persistent link: https://www.econbiz.de/10014402731