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Recent estimates of the U.S. economic gains that would result from the proposed Trans-Pacific Partnership (TPP) are very small — only 0.13 percent of GDP by 2025. Taking into account the un-equalizing effect of trade on wages, this paper finds the median wage earner will probably lose as a...
Persistent link: https://www.econbiz.de/10010693323
Latin America's economic growth rebound in the 2000s is often attributed to a “commodities boom,” which implies that … the region’s growth was stimulated by sizable increases in the price of commodity exports. This paper looks at whether the … the terms of trade (TOT) for Latin American countries and their GDP growth. There is, however, a positive relationship …
Persistent link: https://www.econbiz.de/10010786631
policies necessary to restore economic growth. …
Persistent link: https://www.econbiz.de/10008478935
nature of these price shocks may result in an unnecessary slowing of growth, with reduced output and employment. …
Persistent link: https://www.econbiz.de/10005677193
(at the time of publication) for growth, employment, poverty, budget information, and other data. The paper notes … continued progress in economic growth, poverty reduction, employment, and health and education indicators. …
Persistent link: https://www.econbiz.de/10005489818
employment) than other countries at a comparable level of economic development, according to this new CEPR report. The authors …
Persistent link: https://www.econbiz.de/10004964406
This paper looks at Jamaica’s ongoing relationship with the International Monetary Fund and multilateral development … banks, its recent economic performance and the impact on development of a persistently high debt burden. It finds that after … 20 years of negative average annual per capita GDP growth, Jamaica continues to be plagued by high debt and low growth …
Persistent link: https://www.econbiz.de/10011265860
This paper takes a careful look at a recent International Monetary Fund (IMF) Working Paper that claims to find significant gains for liberalization of trade through the World Trade Organization. It is not clear that the reported gains are at all large. The IMF paper shows that multilateral...
Persistent link: https://www.econbiz.de/10011265861
Private equity, hedge funds, sovereign wealth funds and other private pools of capital form part of the growing shadow banking system in the United States; these new financial intermediaries provide an alternative investment mechanism to the traditional banking system. Private equity and hedge...
Persistent link: https://www.econbiz.de/10009651285
The huge gap between the cost of health care in the United States and the cost in other countries with comparable health care outcomes suggests the potential for substantial gains from trade. This paper describes one mechanism for taking advantage of these gains – through a globalization of...
Persistent link: https://www.econbiz.de/10008545831