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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 …
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projections and scenario analysis. Such forecasting has become increasingly challenging, thanks to the rapid pace of globalization … the world urgently need to see the big picture if they are to deal with the specific challenges and opportunities they …-house researchers and global experts who work on state-of-the-art models related to globalization, technological progress and …
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playing field' would be ineffective and result in destructive conflicts in the World Trade Organization. Lack of progress at …
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, despite well-known deficiencies. This paper develops and applies optimal aggregators for the real-world case of multiple …
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international trade. As world trade is set to rebound, this paper addresses three questions: (i) Will trade volumes rebound in a … symmetric fashion as world economic growth rebounds? (ii) Will the crisis result in a change in the structure of trade, and in …
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Using data from Mexico, the authors study empirically the link between trade policy and individual income risk and the extent to which this varies across workers of different human capital (education) levels. They use longitudinal income data on workers to estimate time-varying individual income...
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