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Kose, M. Ayhan; Sugawara, Naotaka; Terrones, Marco E. - 2020

The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009. During each of these episodes, annual real per capita global gross domestic product contracted, and this contraction was accompanied by weakening of other key indicators of global...

Persistent link: https://www.econbiz.de/10012230745

Global economic prospects : broad-based upturn, but for how long?

Devarajan, Shantayanan; Kose, M. Ayhan; Ohnsorge, Franziska - World Bank Group - 2018

Persistent link: https://www.econbiz.de/10012644160

Lao PDR Economic Monitor, May 2011 : Robust Growth amidst Inflationary Concerns

World Bank - 2011

Lao PDR's real Gross Domestic Product (GDP) growth will remain robust in 2011 with projected growth of 8.6 percent compared to 8.4 percent in 2010. Natural resources and manufacturing sectors are expected to drive growth this year. The expected growth in the garment exports (by about 15-20...

Persistent link: https://www.econbiz.de/10012247605

Exporting and female labor market outcomes in Georgia

Hollweg, Claire H.; Lopez, Anne Beline Ong - 2020

Using firm-level data for Georgia, the paper estimates the quasi-elasticity of employment and wages with respect to the share of exports in total sales, to explore whether changes in the structure of sales (exporting versus selling to the domestic market) matter for labor market outcomes. The...

Persistent link: https://www.econbiz.de/10012390426

Inflation in low-income countries

Ha, Jongrim; Ivanova, Anna; Montiel, Peter; Pedroni, … - 2019

This paper studies the effects of global and domestic inflation shocks on core price inflation in 105 countries between … empirical results indicate that most of the variation in inflation among low-income countries over the past decades is accounted … for by external shocks. More than half of the variation in core inflation rates among low-income countries is due to …

Persistent link: https://www.econbiz.de/10012059222

Trade integration and growth : evidence from Sub-Saharan Africa

Calderón, César A.; Cantú, Catalina - 2019

This paper examines the growth effects of different dimensions of international trade integration-notably, volume, diversification, and natural resource dependence-in Sub-Saharan Africa. First, the paper documents the recent trends in these foreign trade dimensions for the region and the...

Persistent link: https://www.econbiz.de/10012051790

Small African economies in a more uncertain global trade environment : the potential impact of post-AGOA scenarios for Lesotho

Maliszewska, Maryla; Engel, Jakob; Arenas, Guillermo; … - 2019

This paper provides a forward-looking view of trade and its relevance for Lesotho's medium- and long-term development. It does this through computable general equilibrium analysis of potential impacts based on specific trade-related scenarios. The scenarios include the potential loss of American...

Persistent link: https://www.econbiz.de/10012051803

Is 3D printing a threat to global trade? : the trade effects you didn’t hear about : World Development Report 2020 background paper

Freund, Caroline L.; Mulabdic, Alen; Ruta, Michele - 2019

In the mid-2000s, the production of hearing aids shifted almost entirely to 3D printing. Using difference-in-differences and synthetic control methods, this paper examines the effects of this shift on trade flows. The analysis finds that trade increased roughly 60 percent following the...

Persistent link: https://www.econbiz.de/10012121158

Policy uncertainty, trade, and global value chains : some facts, many questions

Constantinescu, Cristina; Mattoo, Aaditya; Ruta, Michele - 2019

This paper attempts to quantify the impact of economic policy uncertainty on overall trade and trade linked to global value chains. Using new data on policy uncertainty for 18 countries and 24 years, it finds a statistically significant negative impact of policy uncertainty on overall trade...

Persistent link: https://www.econbiz.de/10012167789

Trade, global value chains and GDP comovemement : an empirical investigation : World Development Report 2020 : background paper

Soyres, François de; Gaillard, Alexandre - 2019

This paper provides up-to-date characterization of the association between trade and GDP comovement - also called the trade comovement slope- for 150 countries from 1962 to 2011. The paper shows that trade is significantly linked to more GDP correlation, either directly through bilateral trade,...

Persistent link: https://www.econbiz.de/10012168119

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