managing short-term policy trade-offs. The book also outlines efficient operational procedures and reviews the experiences of …

This note reflects macroeconomic and fiscal forecasts presented with the April 2009 World Economic Outlook, as well as …

in commodity and asset prices, are leading to sharp increases in deficits and debt stocks around the world. Expansionary … on the April 2009 World Economic Outlook to quantify the fiscal implications of the crisis for a cross-section of …

. Articles also look at the expansion of world trade, explore the impact of globalization on jobs, taxation, and the poor, and …

increase in protectionist pressures, and the disappointing performance of world trade, renewed concern has been expressed about … the possible adverse effects of exchange rate variability on trade. Against the background of this concern, the following … decision was reached at the ministerial meeting of the General Agreement of Tariffs and Trade (GATT) in November 1982 …

countries'' external balance, including the oil and non-oil trade balances, the current account, and changes in net foreign … of oil shocks on the merchandise trade balance and the current account, which depending on the source of the shock can be … large, depends critically on the response of the nonoil trade balance, and differs systematically between the U.S. and other …

The paper explores the relationship between trade policy and current accounts. The effect on the current account of a …