Showing 1 - 10 of 138
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009. During each of these episodes, annual real per capita global gross domestic product contracted, and this contraction was accompanied by weakening of other key indicators of global...
Persistent link: https://www.econbiz.de/10012840241
Countries and international organizations working on longer-range development issues depend on long-term quantitative projections and scenario analysis. Such forecasting has become increasingly challenging, thanks to the rapid pace of globalization, technological progress, the interplay among...
Persistent link: https://www.econbiz.de/10012973755
This paper surveys the state of knowledge about the trade-related environmental consequences of a country's development … strategy along three channels: (i) direct trade-environment linkages (overexploitation of natural resources and trade …-related transport costs); (ii)' virtual trade' in emissions resulting from production activities; and (iii) the product mix attributes …
Persistent link: https://www.econbiz.de/10012974889
Traditional weighted-average measures of trade distortions are widely used in analyzing global and regional reforms … countries and commodities with much more detailed information on trade than on production and consumption. The approach reflects …. Sensitivity analysis suggests that, for global trade reform, the ease of substitution between tariff lines is much more important …
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 … chains? (iii) What policies can improve the prospects for developing country growth in the event that trade volumes do not …
Persistent link: https://www.econbiz.de/10012976553
Using data from Mexico, the authors study empirically the link between trade policy and individual income risk and the … between 1987 and 1998, a period in which the Mexican economy experienced substantial changes in trade policy. In a second step …, they use the variations in trade policy across different sectors and over time to estimate the link between trade policy …
Persistent link: https://www.econbiz.de/10012747694
international trade as well as trade and immigration policy. An aging society can see a welfare-reducing reduction in its share of … manufacturing output and this reduction is magnified by a decrease in trade costs (an increase in globalization). Immigration can …
Persistent link: https://www.econbiz.de/10012968721
This paper analyzes the role of the United States in the global economy and examines the extent of global spillovers from changes in U.S. growth, monetary and fiscal policies, and uncertainty in its financial markets and economic policies. Developments in the U.S. economy, the world's largest,...
Persistent link: https://www.econbiz.de/10012963512
A strong regulatory framework can provide essential tools for remote transactions and improve trust in digital trade …
Persistent link: https://www.econbiz.de/10012838264
Since the Global Financial Crisis, world trade growth has been subdued and lagging slightly behind growth of gross … domestic product. Trade is growing more slowly not only because growth of global gross domestic product is lower, but also … because trade itself has become less responsive to gross domestic product. This paper reviews the reasons behind the changing …
Persistent link: https://www.econbiz.de/10012936149