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The recession in the United States in the wake of the global financial crisis has had a pronounced negative impact on developing Asia's exports and growth. As a result, developing Asian countries are increasingly looking to the People's Republic of China (PRC) as a new source of demand and...
Persistent link: https://www.econbiz.de/10003899253
Using a gravity model, this article presents an analysis of aggregate trade flows aimed at identifying China’s impact … Cone countries. -- bilateral trade ; gravity model ; poisson regression ; China ; Latin America …
Persistent link: https://www.econbiz.de/10009668548
Because international trade theory has not provided an unambiguous prediction on the impact of trade on growth, a vast literature tried to identify the relationship empirically. After summarizing the influential large country case studies of the 1970s and early 1980s - which showed the folly of...
Persistent link: https://www.econbiz.de/10013138515
Trade promotes economic growth, alleviates poverty and helps countries reach their development goals. However, developing countries – in particular the least developed – face difficulties in making trade happen and turning trade into economic growth. The Aid for Trade Initiative – launched...
Persistent link: https://www.econbiz.de/10013113225
The leaders of Canada and the United States have announced an ambitious vision for perimeter security and economic competitiveness between the two countries. They have charged a working group with producing a multi-year Action Plan that will turn this vision into reality. The vision is centered...
Persistent link: https://www.econbiz.de/10013114125
Persistent link: https://www.econbiz.de/10013125802
In his Annual Presidential Address to the Federal Assembly on 30 November 2016, Russian President Vladimir Putin underscored Russia's goal to catch up with the world average growth rates by 2019–2020. As a reminder, the IMF projects 3.7% for the average annual growth rate of the global economy...
Persistent link: https://www.econbiz.de/10012952697
The RF Ministry of Economic Development presented three scenarios in its socioeconomic development forecast for 2016, which envisaged that the GDP decline trajectory would hit its lowest point in 2015 (-3.9%), and the rate of GDP growth would be fluctuating somewhere between (-1.0) and 2.3% in...
Persistent link: https://www.econbiz.de/10013009638
The results of the estimates obtained using the Gaidar Institute method of decomposing Russia's GDP growth rates show that in 2015 all of the components of economic growth rates will make them negative. Furthermore, the current economic contraction is mostly of structural nature induced by the...
Persistent link: https://www.econbiz.de/10013012788
The results of the estimates made using a method developed by the Gaidar Institute for decomposing Russia's GDP growth rates show that economic contraction in 2015 is determined by structural causes, according to the two scenarios within an updated forecast of the Ministry of Economic...
Persistent link: https://www.econbiz.de/10013018130