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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 …
Persistent link: https://www.econbiz.de/10011142158
In Italy, price-based competitiveness measures are not always an accurate predictor of trade outcomes. This paper offers a more comprehensive assessment of Italian competitiveness, focusing on the role of innovation and the evolution of Italy’s export market share. Overall, Italy...
Persistent link: https://www.econbiz.de/10011142167
, first, dynamics for private consumption, non-residential business investment, and exports since 2008 is dominated by …
Persistent link: https://www.econbiz.de/10010959463
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
This Selected Issues paper examines how surges in global financial market volatility spill over to emerging market economies (EMs) including India. The results suggest that a surge in global financial market volatility is transmitted very strongly to key macroeconomic and financial variables of...
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