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China's Belt and Road Initiative aims to improve connectivity between China and more than 70 countries through infrastructure investment and regional cooperation. The initiative has the potential to accelerate significantly the rate of economic integration and development in the region, as trade...
Persistent link: https://www.econbiz.de/10012008384
After an impressive acceleration in growth and poverty reduction since the mid-1990s, many African countries continue to register robust growth in the aftermath of the global financial crisis. Will this growth persist, given the tepid recovery in developed countries, numerous weather shocks, and...
Persistent link: https://www.econbiz.de/10011395800
Africa will be undergoing substantial demographic changes in the coming decades with the rising working age share of its population. The opportunity of African countries to convert these changes into demographic dividends for growth and poverty reduction will depend on several factors. The...
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A macro-micro simulation framework that links a computable general equilibrium model with the survey-based global income distribution dynamics model can be used to assess the economic and distributional effects of macroeconomic shocks and policies. The methodology is used to assess the economic...
Persistent link: https://www.econbiz.de/10012567890
As preferential trade agreements are growing in number and depth, assessment of their economic impacts has become more important to inform policy-makers facing a multitude of potential preferential trade agreements. This paper provides novel ex ante estimates of the impacts of two key...
Persistent link: https://www.econbiz.de/10012568517