, particularly on exports. We then go on to 'augment' the standard gravity model with relevant variables from the World Bank …

, 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 …

Explanations of the large current account deficits for the euro area periphery and the Baltics in the run up to the … growing current account deficits. All of these factors played varying roles in the development of current account deficits …

The report gives statistical data on nominal GDP by economic activity and expenditure, real GDP by economic activity …

would also facilitate a reduction in inflation, which would moderate gold imports and favorably impact real exchange rate … and current account deficit. …

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 …