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, in affected jurisdictions, the decline could have potential adverse consequences on international trade, growth …, financial inclusion, and the stability and integrity of the financial system. Building on existing initiatives and IMF technical …
Persistent link: https://www.econbiz.de/10011748742
This paper develops new error assessment methods to evaluate the performance of debt sustainability analyses (DSAs) for low-income countries (LICs) from 2005-2015. We find some evidence of a bias towards optimism for public and external debt projections, which was most appreciable for LICs with...
Persistent link: https://www.econbiz.de/10011748765
This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the … employment prospects in response to trade shocks. Finally, we find that firms experiencing greater import competition start with … conditions and policies that help spread the gains from trade more evenly throughout the population. We exploit a large global …
Persistent link: https://www.econbiz.de/10012605685
This paper surveys the literature on the relationship between international trade and inclusive growth. It examines … claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition …, especially from EMEs like China, spurring trade tensions and protectionist measures. The paper investigates the conflicting …
Persistent link: https://www.econbiz.de/10012518909
Persistent link: https://www.econbiz.de/10009756802
. Nevertheless, over the 2000s, despite overall progress, the benefits of growth appear to have become more skewed. Employment income …
Persistent link: https://www.econbiz.de/10014395204
In this paper, we provide compelling evidence that cyclical factors account for the bulk of the post-2007 decline in the U.S. labor force participation rate. We then proceed to formulate a stylized New Keynesian model in which labor force participation is essentially acyclical during “normal...
Persistent link: https://www.econbiz.de/10012667415
Persistent link: https://www.econbiz.de/10010479447
unemployment and debt. The paper illustrates in a downside scenario, how low potential growth and crisis legacies leave the euro …
Persistent link: https://www.econbiz.de/10011436794
Persistent link: https://www.econbiz.de/10009424398