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Trade in Developing East Asia : How it Has Changed and Why it Matters

Constantinescu, Ileana Cristina - 2018

East Asia, for long the epitome of successful engagement in trade, faces serious challenges: technological change that may threaten the very model of labor intensive industrialization and a backlash against globalization that may reduce access to important markets. A detailed analysis of the...

Persistent link: https://www.econbiz.de/10012912297

Do Institutions Matter More for Services?

Mattoo, Aaditya - 2016

Recent empirical research has focused on the role of institutions in overall economic performance. This paper examines … the impact of institutions on the relative performance of the service sector. Through cross-country level and growth … regressions it establishes the following stylized fact: countries with better institutions have relatively larger and more dynamic …

Persistent link: https://www.econbiz.de/10012747951

The great plunge in oil prices : causes, consequences, and policy responses

Baffes, John; Kose, M. Ayhan; Ohnsorge, Franziska; … - 2015

Persistent link: https://www.econbiz.de/10011342403

Regionalization vs. globalization

Hirata, Hideaki; Kose, M. Ayhan; Otrok, Christopher M. - 2013

Persistent link: https://www.econbiz.de/10009702954

Understanding financial crises : causes, consequences, and policy responses

Claessens, Stijn; Kose, M. Ayhan; Laeven, Luc; … - 2013

Persistent link: https://www.econbiz.de/10009702965

Global Recessions

Kose, M. Ayhan - 2020

The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009. During each of these episodes, annual real per capita global gross domestic product contracted, and this contraction was accompanied by weakening of other key indicators of global...

Persistent link: https://www.econbiz.de/10012840241

Emerging and Developing Economies : Ten Years after the Global Recession

Kose, M. Ayhan - 2020

momentum for improving policy frameworks, institutions, and business climates seems to have slackened. The experience of the … shocks. The subsequent decade of anemic growth underlines the need for sound policy frameworks, institutions, and business …

Persistent link: https://www.econbiz.de/10012841602

Debt and Financial Crises

Koh, Wee Chian - 2020

Emerging market and developing economies have experienced recurrent episodes of rapid debt accumulation over the past fifty years. This paper examines the consequences of debt accumulation using a three-pronged approach: an event study of debt accumulation episodes in 100 emerging market and...

Persistent link: https://www.econbiz.de/10012843341

Services Globalization in an Age of Insecurity : Rethinking Trade Cooperation

Mattoo, Aaditya - 2018

Decades of services trade negotiations have produced a plethora of rules and commitments but limited real liberalization. One reason is a form of "negotiating tunnel vision," which has led to a focus on reciprocal market opening rather than on creating the regulatory preconditions for...

Persistent link: https://www.econbiz.de/10012911376

Global Inflation Synchronization

Ha, Jongrim - 2019

The paper studies the extent of global inflation synchronization using a dynamic factor model in a large set of countries over a half century. The authors' methodology allows them to account for differences across groups of countries (advanced economies and emerging market and developing...

Persistent link: https://www.econbiz.de/10012891045