Showing 1 - 10 of 35
This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...
Persistent link: https://www.econbiz.de/10011244528
Limited diversification is an underlying characteristic of many low-income countries (LICs). Concentration in sectors with limited scope for increases in productivity and quality may result in less broad-based and sustainable growth. Moreover, lack of diversification may increase exposure to...
Persistent link: https://www.econbiz.de/10011245889
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects …-level research, and case studies) supports the view that trade openness contributes greatly to growth. Moreover, trade openness does … not have systematic effects on the poor beyond its effect on overall growth. Trade policy is only one of many determinants …
Persistent link: https://www.econbiz.de/10005263804
This paper examines different explanations-initial conditions, openness to trade and FDI, and institutions-of the … Mauritian growth experience since the mid-1970s. We show that arguments based on openness to trade and FDI are either misleading …
Persistent link: https://www.econbiz.de/10005263839
China's sectoral trade composition, product quality mix, and import content of processing exports have all changed … substantially during the past decade. This has rendered trade elasticities estimated using aggregate data highly unstable, with more …
Persistent link: https://www.econbiz.de/10005263876
The paper focuses on systemically important jurisdictions in the global trade network, complementing recent IMF work on … systemically important financial sectors. Using the IMF's Direction of Trade Statistics (DOTS) database and network analysis, the … paper develops a framework for ranking jurisdictions based on trade size and trade interconnectedness indicators using data …
Persistent link: https://www.econbiz.de/10009327865
to their growth outlooks. For emerging markets, this financial channel trumps the trade channel. For a broader set of … developing countries, however, the trade channel seems to have mattered, with countries exporting more advanced manufacturing …
Persistent link: https://www.econbiz.de/10008561079
This paper provides an overview of trade reform in the West African Economic and Monetary Union (WAEMU) since 1996 and … a quantitative assessment of potential effects on trade patterns and tariff revenue of the current reform agenda …. Despite evidence of significant trade complementarities within WAEMU, implementation of the union's current trade regime still …
Persistent link: https://www.econbiz.de/10005825805
This paper analyzes export performance in the Middle East and North Africa (MENA) using a gravity model applied to panel data. It addresses two questions: (i) are there significant unexploited export markets for the MENA region?; and (ii) have integration efforts with the EU since the mid-1990s...
Persistent link: https://www.econbiz.de/10005825913