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This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...
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China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
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In estimating a gravity model it is essential to analyse not just bilateral trade resistance, the barriers to trade … between a pair of countries, but also multilateral trade resistance (MTR), the barriers to trade that each country faces with … effects on trade of exchange rate regimes and other variables or to perform accurate counterfactual simulations of trade …
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