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Decades of services trade negotiations have produced a plethora of rules and commitments but limited real liberalization. One reason is a form of "negotiating tunnel vision," which has led to a focus on reciprocal market opening rather than on creating the regulatory preconditions for...
Persistent link: https://www.econbiz.de/10012911376
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/10012840241
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 …
Persistent link: https://www.econbiz.de/10012973755
playing field' would be ineffective and result in destructive conflicts in the World Trade Organization. Lack of progress at …
Persistent link: https://www.econbiz.de/10012974889
, despite well-known deficiencies. This paper develops and applies optimal aggregators for the real-world case of multiple …
Persistent link: https://www.econbiz.de/10012975999
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 …
Persistent link: https://www.econbiz.de/10012976553
substantial welfare benefits for the world, and for China and India, and to act as a powerful offset to the terms-of-trade losses …
Persistent link: https://www.econbiz.de/10012747660
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...
Persistent link: https://www.econbiz.de/10012747694
The rise of Asia is something of a myth. During 1990-2005 China accounted for 28 percent of global growth, measured at Purchasing Power Parity (PPP). India accounted for 9 percent. The rest of developing Asia, with nearly a billion people, accounted for only 7 percent, the same as Latin America....
Persistent link: https://www.econbiz.de/10012747802
Fiscal equalization programs are fairly common features of intergovernmental fiscal relations in industrial countries. Some developing countries have also recently introduced these programs and still others are contemplating such programs. Institutional arrangements for fiscal equalization vary...
Persistent link: https://www.econbiz.de/10012783437