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This paper provides up-to-date characterization of the association between trade and GDP comovement - also called the trade comovement slope- for 150 countries from 1962 to 2011. The paper shows that trade is significantly linked to more GDP correlation, either directly through bilateral trade,...
Persistent link: https://www.econbiz.de/10012168119
Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth-the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their...
Persistent link: https://www.econbiz.de/10012644094
The International Comparison Program (ICP) is a worldwide statistical initiative led by the World Bank under the … the world's economies. The report provides ICP results for the benchmark year 2017 and revised results for earlier years …-operation and Development, the United Nations, and the World Bank. Notably, PPPs and ICP data are used in indicators monitoring …
Persistent link: https://www.econbiz.de/10012644294
Declining water quality can impact the economy in various ways. Impacts can be found in the health sector, where labor productivity can be affected, in agriculture, where the quality and quantity of food produced can be reduced, and in tourism, real estate, aquaculture/fisheries and other...
Persistent link: https://www.econbiz.de/10012646802
This analysis examines the relationship between nonrenewable resource dependence, economic growth and income inequality. It uses a two-equation system in which the Gini index and GDP per capita are the dependent variables and the stock of nonrenewable resources as a share of national wealth-i.e....
Persistent link: https://www.econbiz.de/10012245676
The paper offers an overview of some key conceptual aspects associated with the rise of global value chains (GVCs). It outlines a series of alternative interpretations and definitions of what the rise of GVCs entails, and it traces the implications of these alternative conceptualizations for the...
Persistent link: https://www.econbiz.de/10012228282
This paper provides insights to inform government efforts to attract and retain foreign direct investment, by analyzing the results of a survey of more than 2,400 affiliates of multinational enterprises across 10 middle-income countries. The paper explores corporate perspectives and...
Persistent link: https://www.econbiz.de/10012390331
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
Persistent link: https://www.econbiz.de/10012230745
Rules of Origin as an implicit trade barrier for imports from the rest of the world. Global Value Chains are most relevant …
Persistent link: https://www.econbiz.de/10012168114
The global economy has witnessed a decline in inflation and an increase in inflation synchronization since the early 1980s. This paper investigates the relationship between inflation synchronization and trade integration, and documents the strong link between inflation co-movement and Global...
Persistent link: https://www.econbiz.de/10012168117