discusses the role of services in economic growth, focusing in particular on channels through which openness to trade in …

growth rates up to 1.5 percentage point higher than rates in other countries …

Since the Global Financial Crisis, world trade growth has been subdued and lagging slightly behind growth of gross … trade-income relationship, and then investigates its consequences for economic growth. On the demand side, sluggish world … domestic product. Trade is growing more slowly not only because growth of global gross domestic product is lower, but also …

This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses … results suggest that trade is growing slowly not only because of slow growth of gross domestic product, but also because of a …

This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses … results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because …