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explores four explanations and evaluates their empirical contributions: (i) improved cost competitiveness, (ii) ties to fast … competitiveness had a comparatively smaller impact. There is no conclusive evidence of increased demand for capital goods. …
Persistent link: https://www.econbiz.de/10005264234
This paper presents the primary institutions and economic policies that have led to Chile’s remarkable record of stability and growth over the past twenty years. The core of this policy stance is the combination of fiscal discipline and an open trade policy regime, together with carefully...
Persistent link: https://www.econbiz.de/10005767351
This Selected Issues paper examines three areas of key policy importance for Greece in the coming years. The paper … documents the loss of international competitiveness in recent years, as well as the accompanying widening of the current account …
Persistent link: https://www.econbiz.de/10011243525
This paper examines the structural competitiveness of oil-rich economies in sub-Saharan Africa relative to other major … across these economies. The analysis reveals that oil-rich Africa lags behind other oil-exporters in terms of diversification … determinant of the extent to which oil abundance affects the competitiveness of the non-oil sector; thereby explaining the …
Persistent link: https://www.econbiz.de/10005826047
Assessing a country's competitiveness routinely starts with an analysis of the real exchange rate. However, in low … competitiveness in low-income countries, the paper discusses alternative competitive measures and then proposes a template of … indicators to allow for a systematic assessment of competitiveness in low-income countries. The template is then used to rank …
Persistent link: https://www.econbiz.de/10005768857
alter the competitiveness of various exporting countries. Bangladesh relies heavily on textile and clothing exports and is … potentially very vulnerable to this change in competitiveness. Based on assessments of quota restrictiveness and export similarity …
Persistent link: https://www.econbiz.de/10005599540
Italy's medium-term economic performance has raised "standard" competitiveness concerns as unit labor costs surged, and … real export growth fell. But the recent economic upturn, low current account deficit, and robust nominal exports argue for … partly reflect nonprice economic restructuring, have supported Italy's real exports after 2005 (as in Germany but less so in …
Persistent link: https://www.econbiz.de/10005605131
internal drains. Its exports declined by 21 percent from peak to trough. Bank deposits declined by more than 20 percent in late …
Persistent link: https://www.econbiz.de/10011243234
This Selected Issues paper analyzes the main factors underlying the evolution of competitiveness, export performance … overall evolution of competitiveness compared with Poland’s trading partners and competitors since 1995 is analyzed using … standard measures of the real effective exchange rate (REER). This paper also examines the role of foreign investors in …
Persistent link: https://www.econbiz.de/10005591205
This Selected Issues paper applies a range of methods to assess Italy’s competitiveness gap versus other euro area … members. All indicators point to a clear erosion of competitiveness in recent years, with related market share losses …. Nonetheless, the estimated competitiveness gap, while appreciable, still remains quantitatively contained. The results suggest …
Persistent link: https://www.econbiz.de/10011243502