Showing 1 - 10 of 192
This paper presents empirical evidence on convergence of per capita output for regions within six large middle-income Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Peru. It explores the role played by several exogenous sectoral shocks and differences in steady states...
Persistent link: https://www.econbiz.de/10005769080
to invest abroad is positively related to their productivity and the size of their intangible assets. …
Persistent link: https://www.econbiz.de/10011242345
Italy’s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth … decline in output is mainly accounted for by a collapse in productivity; in the medium term, employment and capital are also …
Persistent link: https://www.econbiz.de/10008727814
claims in Italy as a key way to improve the environment for sustaining economic growth. There has been considerable interest … in the possibility of introducing a comprehensive wealth tax in Italy, reflecting the public resistance to spending …
Persistent link: https://www.econbiz.de/10011243825
In Italy, price-based competitiveness measures are not always an accurate predictor of trade outcomes. This paper … Italy’s export market share. Overall, Italy maintains a high-quality export mix, and the adaptability of small … sectors are weighed down by the structural barriers that have depressed productivity more broadly. Italy’s future …
Persistent link: https://www.econbiz.de/10011142167
This paper leverages the IMF’s Financial Access Survey (FAS) database to construct a new composite index of financial … composite index uses factor analysis to derive a weighting methodology whose absence has been the most persistent of the … criticisms of previous indices. Countries are then ranked based on the new composite index, providing an additional analytical …
Persistent link: https://www.econbiz.de/10011142035
The staff report for the 2008 Article IV Consultation of the Former Yugoslav Republic of Macedonia discusses economic developments and policies. The new government’s economic program aims to raise growth further, but does not address these vulnerabilities. Plans to increase the central...
Persistent link: https://www.econbiz.de/10011245331
Persistent link: https://www.econbiz.de/10011245868
Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines—among other things—the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the...
Persistent link: https://www.econbiz.de/10005252532
This paper takes stock of the achievements toward integration in the West African Economic and Monetary Union (WAEMU) 10 years after the 1994 devaluation of the CFA franc. It investigates the lessons learned and evaluates progress toward economic convergence, examines the evolution of trade and...
Persistent link: https://www.econbiz.de/10005263827