Showing 1 - 10 of 608
This paper presents an analysis of the effect of remittances on the current account in developing and emerging economies, incorporating an assessment of the extent to which exchange rate regimes impact the relationship. The main findings suggest there is a positive effect of remittances on the...
Persistent link: https://www.econbiz.de/10012912329
This paper provides a forward-looking view of trade and its relevance for Lesotho?s medium- and long-term development. It does this through computable general equilibrium analysis of potential impacts based on specific trade-related scenarios. The scenarios include the potential loss of American...
Persistent link: https://www.econbiz.de/10012869822
Deepening real and financial integration of developing countries into the world economy has prompted renewed interest in the contribution of external shocks to their macroeconomic fluctuations. This paper revisits the issue using four decades of annual data for a large sample of developing...
Persistent link: https://www.econbiz.de/10012968744
The authors use newly collected data on trade and production in 178 countries to infer estimates of trade costs in agriculture and manufactured goods for the 1995-2010 period. The data show that trade costs are strongly declining in per capita income. Moreover, the rate of change of trade costs...
Persistent link: https://www.econbiz.de/10012974712
This paper examines the role of the public sector in providing additional information to exporters in developing countries as they seek to monitor and keep open their access to foreign markets by using the rules of the WTO system. It highlights new information generation and dissemination...
Persistent link: https://www.econbiz.de/10012976545
The "distance effect" measuring the elasticity of trade flows to distance has been rising since the early 1970s in a host of studies based on the gravity model, leading observers to call it the "distance puzzle" . This paper reviews the evidence and explanations. Using an extensive data set of...
Persistent link: https://www.econbiz.de/10012976682
This paper studies the cyclical aspects of fiscal policy in Sub-Saharan Africa countries during 1970?2014. It compares … since 2002 in Sub-Saharan Africa, with incipient signs of a shift toward acyclical or more countercyclical policies. The …-Saharan Africa. Official development assistance is found to exacerbate the procyclical stance of fiscal policy in the region, but the …
Persistent link: https://www.econbiz.de/10012901508
As evidence from rigorous impact evaluations grows in development, there have been more calls to complement impact evaluation analysis with cost analysis, so that policy makers can make investment decisions based on costs as well as impacts. This paper discusses important considerations for...
Persistent link: https://www.econbiz.de/10012972759
economies in Africa need an alternative strategic approach to long-term growth. The purpose of this paper is to identify a … growth strategy with the greatest potential for small, landlocked economies in East Africa. The paper uses Malawi, Rwanda …. Undoubtedly, there are obstacles to transferring the advanced technologies wholesale to East Africa, but their eventual …
Persistent link: https://www.econbiz.de/10012912289
The seven largest emerging market economies -- China, India, Brazil, Russia, Mexico, Indonesia, and Turkey -- constituted more than one-quarter of global output and more than half of global output growth during 2010-15. These emerging markets, called EM7, are also closely integrated with other...
Persistent link: https://www.econbiz.de/10012954309