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In the literature on exports and investment, most productive firms are seen to invest abroad. In the Helpman et al …. We argue that in the purchase of services, buyers face uncertainty about product quality, especially when production is …
Persistent link: https://www.econbiz.de/10008777034
Persistent link: https://www.econbiz.de/10009424793
This 2014 Cluster Consultation report examines common themes and challenges facing the three Baltic countries—Estonia, Latvia, and Lithuania. It identifies common features and common challenges, and discusses policies—both national and joint—that could help to address these...
Persistent link: https://www.econbiz.de/10011244182
This Selected Issues paper discusses the need to meet Algeria’s fiscal challenges. Although Algeria enjoys substantial fiscal savings, fiscal policy is currently on an unsustainable path. Under current projections, Algeria will deplete its financial savings in the long term, leaving...
Persistent link: https://www.econbiz.de/10011244222
Persistent link: https://www.econbiz.de/10011244227
This Selected Issues paper examines external developments and competitiveness in France. Over the past decade, the current account has deteriorated from a surplus of 1.2 percent of GDP in 2002 to a deficit of about 2.3 percent in 2012, as France lost ground in goods trade and services recorded...
Persistent link: https://www.econbiz.de/10011244236
external balance-sheet linkages between advanced countries and EMs. The paper also looks at food inflation, which has often …
Persistent link: https://www.econbiz.de/10011244601
This Selected Issues paper focuses on the Baltic model, Baltic–Nordic links, and convergence. The Baltic countries form a distinct group within a tightly integrated Nordic–Baltic region. They are following similar approaches to economic policy, broadly in line with those of...
Persistent link: https://www.econbiz.de/10011244869
KEY ISSUES Context: Tonga’s economy is rebounding, partially owing to a recovery in agricultural exports. The outlook …
Persistent link: https://www.econbiz.de/10011245232