, and volatility in the remittance-sending country …

sector development acts as a shock-absorber in poor countries, dampening the transmission of terms of trade shocks to growth …-whether financial intermediation is performed through banks or markets-for macroeconomic volatility, against the backdrop of increased … frequent terms of trade shocks, the paper focuses on a sample of 38 LICs over the period 1978-2012 and finds that banking …

This paper assesses how regional trade agreements (RTAs) impact growth volatility on a worldwide sample of 170 … countries with data spanning the period 1978-2012.Notwithstanding concerns that trade openness through RTAs can heighten … benefits outweigh the costs as RTAs are consistently associated with lower growth volatility, after controlling for trade …

since declined, contributing negatively to world trade in 2019 and suggesting that the global market may now be saturated … global trade may also be shifting in favor of services exports mostly from advanced economies …

Economic theory suggests that countries’ tariff commitments in trade agreements reflect their import market power at …-Uruguay Round applied tariffs and relying on the theoretical framework of the terms-of-trade motive for trade agreements, we …

This paper investigates the impact of domestic fuel price increases on export growth in a sample of 77 developing … in domestic gasoline or diesel price adversely affects real non-fuel export growth, but only in the short run as the …

The trade discussions between the U.S. and China are on-going. Not much is known about the shape and nature of a … potential agreement, but it seems possible that it would include elements of managed trade. This paper attempts to examine the … direct, first-round spillover effects for the rest of the world from managed trade using three approaches. The results …

possible long-term effects of recent trade tensions …

This study explores whether IMF-supported programs in low-income countries (LICs) catalyze Official Development …