In light of the unprecedented mutation of the COVID-19 pandemic into a global economic recession, the WTO projects world trade volume to plummet by a staggering 13 percent to 32 percent in 2020. This translates to large-scale losses in global output and employment, especially in trade-oriented...

The paper adopts a Global Value Chain (GVC) perspective to estimate the intensity of impact of COVID-19 across sectors for all Commonwealth countries. The intensity of the impact was driven by a combination of supply and demand shocks transmitted across different sectors of the economy. Some...

The current study focuses on India's impressive merchandise export performance during the pandemic, as well as the country's performance in COVID-19-related products. As per the forecasting performed by employing ARIMA model. It was found that India’s export earning in FY 2021-22 is in-fact...

We examine the role of demand composition in explaining the trade collapse and recovery during the ongoing covid-19 crisis. We apply an import-intensity-adjusted measure of demand to examine import trends in 40 advanced and emerging economies over the period 1Q95 to 4Q20. We focus on the crisis...

We examine how the COVID-19 pandemic has impacted merchandise trade between and within Commonwealth countries. It uses bilateral trade data and a demand-driven short-term gravity model to (i) estimate trade losses, i.e. variations in intra- and extra-Commonwealth trade in goods from the...

The Comprehensive Economic and Trade Agreement (CETA) between the European Union and Canada is the most ambitious (new generation) free trade agreement the EU has ever negotiated. It is a "mixed" agreement with EU and member countries competences. Most elements of the agreement for which the EU...

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve: how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...

Financial market crises with the threat of a subsequent debt-deflation depression have occurred with increasing regularity in the United States from 1980 through the present. Almost reflexively, when confronted with such circumstances, US institutions and the policymakers that run them have...

We study how attendance rates of primary school children respond to cost neutral changes in the design of India's school meal program. Municipal schools in the capital region of Delhi switched from packaged food to on-site cooked meals in 2003, with insignificant changes in the budget available...

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve: how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...