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the currency lowers the relative price of non-tradable goods, and this reduces the necessary adjustment in output relative … properties of output. The source of the shock matters: while recessions induced by a drop in the price of exportable goods call … revaluation. "--World Bank web site …
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aspects of development. The early recovery in the world economy foreseen in last year's World Development Report did not …
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"The authors examine the price linkages among polyester (the dominant chemical fiber), cotton (the dominant natural … commodities. b) Crude oil prices have a stronger effect on polyester prices compared with cotton prices. c) Price shocks … originating in the polyester market are transmitted at much higher speed to the cotton market than vice-versa. "--World Bank web …
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The increase in the price of oil and food carry major adverse poverty and macroeconomic implications especially for … impact of the oil price increase on economic growth is likely to be negative and the challenge of crafting appropriate policy … the macro-economic international context. It goes on to describe the consequences of the oil and food price increase for …
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the good news in our flagship 2012 World Development Report on gender. But this has not translated into broader gains. Too … many women still lack basic freedoms and opportunities and face huge inequalities in the world of work. Globally, fewer … companion to the 2013 World Development Report on jobs, the report advocates investing more in women???s capabilities and …
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