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Post-Covid-19 recovery and resilience : leveraging reforms for growth and inclusion in Sub-Saharan Africa

Hong, Gee Hee; Igan, Deniz; Lee, Do - 2021

growth could be lower for longer, with a setback to development. Post-pandemic reforms thus become even more important …, especially with constrained scope for fiscal and monetary stimuli. Reforms could boost per capita growth by an additional 0 ….3-1.3 percentage points, relative to the 1.9 percent average since 2010. Such growth would reduce per capita income doubling time from …

Persistent link: https://www.econbiz.de/10012518323

Effective trade costs and the current account : an empirical analysis

Boz, Emine; Li, Nan; Zhang, Hongrui - 2019

A view receiving increased support is that the height of trade costs in prime export sectors has a strong effect on current account balances: countries specializing in sectors that face relatively high trade costs, such as services, tend to run current account deficits, and similarly, countries...

Persistent link: https://www.econbiz.de/10012001519

The price of capital goods : a driver of investment under threat

Gruss, Bertrand; Nabar, Malhar; Poplawski-Ribeiro, Marcos - 2019

the faster productivity growth in the capital goods producing sectors relative to the rest of the economy, and deeper … additional channel through which rising trade tensions and sluggish productivity could threaten real investment growth going …

Persistent link: https://www.econbiz.de/10012102050

Multidimensional approach to trade policy indicators

Cerdeiro, Diego A.; Nam, Rachel J. - 2018

We present and discuss a set of indicators to help assess countries' trade policies. The indicators relate to three policy areas - trade in goods, trade in services, and FDI. Given concerns about the direction of global trade policy, we also consider a set of more granular measures that reflect...

Persistent link: https://www.econbiz.de/10011803986

How big (small?) are fiscal multipliers?

Ilzetzki, Ethan; Mendoza, Enrique G.; Végh, Carlos A. - 2011

Persistent link: https://www.econbiz.de/10009486191

The External Wealth of Nations : Measures of Foreign Assets and Liabilities for Industrial and Developing Countries

Milesi-Ferretti, Gian-Maria - 1999

Capital flows are closely monitored, but surprisingly little is known about the stocks of external assets and liabilities held by countries, especially in the developing world. This paper constructs estimates of foreign assets and liabilities and their equity and debt subcomponents for 66...

Persistent link: https://www.econbiz.de/10014400751

Border and Behind-The-Border Trade Barriers and Country Exports

Sadikov, Azim M. - 2007

How do signatures required for exporting and business registration procedures affect the volume and composition of country''s exports? To answer this question, I develop a model where a country can export two types of products: differentiated and homogeneous. I show that export signatures and...

Persistent link: https://www.econbiz.de/10014400884

Import-Reducing Effect of Trade Barriers : A Cross-Country Investigation

Wang, Qing - 2001

A comprehensive empirical investigation is carried out to ascertain the import-reducing effect of trade protection barriers. We first present a statistical summary of the status of global trade protection. Then, based on a monopolistic competition trade model and 1994 cross-country data on trade...

Persistent link: https://www.econbiz.de/10014401148

Trade Restrictiveness in the CEMAC Region. the Case of Congo

Oliva, Maria-Angels - 2008

Congo''s vital dependence on trade for development stands in contradiction with its trade policy. As a member of the …

Persistent link: https://www.econbiz.de/10014401759

How Big (Small?) Are Fiscal Multipliers?

Ilzetzki, Ethan - 2011

expenditure shocks depends crucially on key country characteristics, such as the level of development, exchange rate regime …

Persistent link: https://www.econbiz.de/10014402360