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International Monetary Fund (IMF); International … - 2006

This note is on Koreaâ€™s transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital markets has been presented. The note discusses restrictions on Chaebol ownership...

Persistent link: https://www.econbiz.de/10011243724

Structural Transformation and the sophistication of Production

Spatafora, Nicola; Anand, Rahul; Mishra, Saurabh - International Monetary Fund (IMF) - 2012

A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was less pronounced in LICs. Sophisticated sectors are more likely to act as a...

Persistent link: https://www.econbiz.de/10009654173

Economic Integration, Business Cycle, and Productivity in North America

Kose, M. Ayhan; Cardarelli, Roberto - International Monetary Fund (IMF) - 2004

productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement … productivity of Canadian industries, the persistence of structural differences between the two countries has prevented convergence … of aggregate labor productivity. While these findings seem to weigh against moving toward a monetary union, they also …

Persistent link: https://www.econbiz.de/10005769318

Algeria; Selected Issues

International Monetary Fund (IMF); International … - 2006

This Selected Issues paper for Algeria analyzes the potential economic impact of Algeriaâ€™s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeriaâ€™s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...

Persistent link: https://www.econbiz.de/10011244528

Chile; Institutions and Policies Underpinning Stability and Growth

Kalter, Eliot; Phillips, Steven; Singh, Manmohan; … - International Monetary Fund (IMF) - 2004

This paper presents the primary institutions and economic policies that have led to Chileâ€™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

The United States and the New Regionalism/ Bilateralism

Yang, Yongzheng; Hilaire, Alvin - International Monetary Fund (IMF) - 2003

Current U.S. trade policy stresses establishing free trade areas (FTAs) with partners spanning the globe. Motivations include enhancing goods and services trade; stimulating investment flows; extending standards on intellectual property rights, labor, and the environment; and addressing...

Persistent link: https://www.econbiz.de/10005768757

Trade Policy in Financial Services

McDonald, Bradley J.; Bannister, Geoffrey J.; Tamirisa, … - International Monetary Fund (IMF) - 2000

This paper reviews the economics of trade policy in financial services, highlighting differences between trade across borders and through commercial presence. Trade liberalization could complement other financial reforms by enhancing the efficiency, quality, and variety of financial services and...

Persistent link: https://www.econbiz.de/10005599696

China'S Integration Into the World Economy; Implications for Developing Countries

Yang, Yongzheng - International Monetary Fund (IMF) - 2003

Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization (WTO), many of its trading partners are increasingly...

Persistent link: https://www.econbiz.de/10005605423

China's Growth and Integration into the World Economy; Prospects and Challenges

Prasad, Eswar - International Monetary Fund (IMF) - 2004

Chinaâ€™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 Chinaâ€™s...

Persistent link: https://www.econbiz.de/10005252521

Increasing Productivity Growth in Middle Income Countries

Abdychev, Aidar; Jirasavetakul, La-Bhus Fah; Jonelis, … - International Monetary Fund (IMF) - 2015

contribution of total factor productivity (TFP) to growth is largely responsible for the slowdown in trend growth in many SMICs …, which highlights the need for policy actions to reinvigorate productivity growth. This paper explores the question of what … kind of structural policies could boost productivity growth in SMICs and the political economy factors that may be …

Persistent link: https://www.econbiz.de/10011123829

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