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Persistent link: https://www.econbiz.de/10004998656
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been …
Persistent link: https://www.econbiz.de/10005252521
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did … and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization … (WTO), many of its trading partners are increasingly concerned that China’s competition in the world goods and capital …
Persistent link: https://www.econbiz.de/10005605423
This paper discusses 2013 Article IV Consultation highlights slower economic performance and financial risks in Botswana. The output growth is expected to remain broadly unchanged in 2013 as strong nonmining sector growth would offset the subdued mining output. Banks’ high exposure to...
Persistent link: https://www.econbiz.de/10011244723
Export and import price indices are essential for assessing the impact of international trade on the domestic economy. Among their most important uses are analyzing developments in the trade balance, measuring foreign prices' contribution to domestic inflation, and deflating nominal values of...
Persistent link: https://www.econbiz.de/10005264181
Trade in services, although often neglected by theory and empiricism, plays a quite influential role in the balance of payments of most countries. In the case of the CEE countries, services trade also enters another dimension it is a helpful means in the modernization process of the CEE...
Persistent link: https://www.econbiz.de/10009649635
While global rebalancing will mainly involve structural realignment among major advanced and emerging market economies, it could have significant impact on low-income countries (LICs). Simulations using a global general equilibrium model show that a more balanced global economy would tend to...
Persistent link: https://www.econbiz.de/10009369449
This Selected Issues paper and Statistical Appendix examines banking sector developments in the Republic of Tajikistan. The paper estimates quasi-fiscal activities in the energy sector, and provides an assessment of external sector trade and the need for further trade reform. Developments in the...
Persistent link: https://www.econbiz.de/10005825496
This paper examines the effect of the major Canada-U.S. trade agreements on the dynamics of business cycles and productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement (CUSFTA), have led to a substantial expansion of trade...
Persistent link: https://www.econbiz.de/10005769318
This paper uses VAR models to examine the magnitude and sources of growth spillovers to the Baltics from key trading partners, as well asfrom the real effective exchange rate (REER). Our results show there are significant cross-country spillovers to the Baltics with those from the EU outweighing...
Persistent link: https://www.econbiz.de/10008528644