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transfers to mitigate volatility. The paper outlines ways in which the International Development Association could use hedging …
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An abundance of natural resources is both an opportunity and a challenge for developing countries. Several resource-rich, low-income countries receive amounts of foreign aid that are similar to or larger than their actual or potential revenues from natural resources. In such countries, the...
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pesticides are generally more stringent than under autarky. As a result, trade increases the price volatility of crops produced …
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The goal of this paper is to examine the impact of crude oil price movements on two macro variables, the gross domestic product (GDP) growth rate and the consumer price index (CPI) inflation rate, in three countries, the People's Republic of China (an emerging economy), Japan, and the United...
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