lower investment and exports compared with other small island states, but greater political stability, catch-up effects from …

economic diversification would reduce their exposure to volatility and uncertainty in the global oil market, help create jobs … limited. This paper argues that increased diversification will require realigning incentives for firms and workers in the … economies—fixing these incentives is the “missing link†in the GCC countries’ diversification strategies. At present …

Middle East, North Africa, the Caucasus, and Central Asia. Estimates of export elasticities with respect to trading partner … GDP indicate non-oil export volumes are relatively responsive while service exports are less responsive. Downward … Europe and emerging markets presents further downside risks for exports. The Maghreb countries are particularly sensitive to …

, imports, and per capita GDP growth to a “global” aid shock. We find that a global aid shock can affect exports, imports, and … ambiguous results in the existing literature. For most countries in the sample, when aid reduces exports and imports, it also … reduces growth; and, when aid increases exports and imports, it also increases growth. This evidence is consistent with a DD …

finds that their exports remain below the norm for countries of their size. Several indexes of outward orientation are …, and degree of technological sophistication of exports in CAPDR are less conducive to higher exports and growth than in … fast-growing, export-oriented economies. To boost exports and growth, CAPDR should implement policies to facilitate …

understanding of European exports: where exports values are created, the role of vertical supply links in export growth, what is …