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East and Southeast Asia face major demographic changes over the next few decades as many countries' labor forces will start to decline, while others will experience higher labor force growth as populations and participation rates increase. A well-managed labor migration strategy presents itself...
Persistent link: https://www.econbiz.de/10012973905
This paper assesses the extent to which debt overhang poses a constraint to economic activity in Emerging Europe, as … imbalance problem for Emerging Europe has been in most cases more one of flows (high current account deficits in the pre … relatively low in Emerging Europe. At the microeconomic level, the potential for debt overhang in the corporate sector is limited …
Persistent link: https://www.econbiz.de/10012975793
The focus of trade policy has shifted in recent years from economy-wide reductions in tariffs and trade restrictions toward targeted interventions to facilitate trade and promote exports. Most of these latter interventions are based on the new mantra of "aid-for-trade" rather than on hard...
Persistent link: https://www.econbiz.de/10012975644
Recent literature has shown evidence of positive contributions of export promotion agencies around the world in raising exports, through the intensive and extensive margins of trade. The number of export promotion agencies has increased substantially over the past two decades, and most of them...
Persistent link: https://www.econbiz.de/10012917117
This paper constructs indicators of structural bottlenecks arising from barriers to open markets, obstacles to business operations, and constraints to access to finance. Empirical evidence from a sample of 30 emerging economies indicates that barriers to open markets and access to finance are...
Persistent link: https://www.econbiz.de/10012972490
This paper estimates the impact of aggregate fluctuations on the time-varying trade policies of thirteen major emerging economies over 1989-2010; by 2010, these WTO member countries collectively accounted for 21 percent of world merchandise imports and 22 percent of world GDP. The paper examines...
Persistent link: https://www.econbiz.de/10012974694
Despite trade liberalization efforts made by Eurasian countries, the export structure of the region shows significant levels of concentration across export destinations. To shed light on this observation, this research analyzes trade policy barriers in Eurasia, East Asia and the Pacific, and the...
Persistent link: https://www.econbiz.de/10012974431
of central banks in Central and South Eastern Europe (CSEECBs) and outlines the challenges in the area of stress testing …
Persistent link: https://www.econbiz.de/10012976359
This paper examines the concept of trade facilitation in services from the perspective of the recent literature on the determinants of services trade. The aim is to conceptualize trade facilitation in this area as a dimension of international integration beyond the baseline restrictiveness of...
Persistent link: https://www.econbiz.de/10012834704
Beyond their key contribution to value chains in all sectors, services represent a centrally important source of economic and export diversification. This paper discusses how to promote trade in services as a channel for growth, employment, and diversification by assessing services trade costs...
Persistent link: https://www.econbiz.de/10012834705