This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade … findings suggest a mean-variance trade-off in product quality improvements along the development path. Increases in financial …

The coronavirus (COVID-19) pandemic has halted economic activity worldwide, hurting firms and pushing them toward … increase the provision of credit, while posing difficult choices and trade-offs …

This paper proposes a leading indicator, the "Google Mobility Index," for nowcasting monthly industrial production …, mixed data sampling regression is implemented for nowcasting industrial production growth rates. The Google Mobility Index … is a good predictor of industrial production. The results suggest a significant decline in output of between 5 and 7 …

This paper analyzes the impact of Covid-19 and uncooperative trade policies on world food markets. It quantifies the … initial shock due to the pandemic under the assumption that products that are more labor intensive in production are more …

demand for services that require face-to-face interaction, such as hotels, restaurants and retail trade, has substantially …

Romania's income per capita has increased from 26 percent of the EU-28 average in 2000 to 63 percent in 2017, but this …, public or private, domestic or foreign, face the same set of rules. Romania's human capital accumulation--proxied by the … in education outcomes remain relevant across and within regions of Romania. Learning gaps in primary and secondary …

Romania aims to be a country in which all citizens are provided with an equal opportunity toparticipate in society … poverty in Romania are in persistent poverty, meening that they have been in poverty for at least the last three years … the EU-27 rate (9 percent). As a response to this situation, the Government of Romania (GoR) has committed itself to …