Climate change potentially affects the specialization of production and trade in agricultural markets. Previous studies suggest that changes in temperature and precipitation trend levels have a significant impact on yields, production, and commodity prices. This paper estimates the short-run and...

Climate and environment-related international private finance flows have considerably risen since the early 1990s. The evidence on both sectoral sensitivities and increased climate-relevant investments suggests a potential link between international investment flows and climate variables, which...

Environmental sustainability is perhaps the key societal challenge of our times. Achieving it will require a significant level of financing and investment, and here the role of the banking industry is fundamental. Banks can play a broader and far-reaching role by adopting environmental concerns...

This working paper summarizes the annual estimates, for each of the world's main high-income countries, of key distortion indicators defined in Anderson et al. (2008), and provides some summary statistics for the group's estimates. It begins with tables for the countries of Western Europe,...

Earnings from farming in many developing countries have been depressed by a pro-urban bias in own-country policies as well as by governments of richer countries favoring their farmers with import barriers and subsidies. Both sets of policies, which reduce national and global economic welfare and...

This working paper summarizes annual estimates of covered product Nominal Rate of Assistance (NRAs), for each of the focus economies of Europe's transition economies, their key distortion indicators defined in Anderson et al. (2008), and provides some summary statistics for the region's...

The globalization of COVID-19 pandemic and its economic impacts is set to run havoc across all economies in the world, throwing many into recession and possibly economic depression. As the numbers of infected and death cases rise sharply and recovery from the pandemic remains uncertain even in...

The globalization of COVID-19 pandemic is en route to produce a chain of economic impacts worldwide through distortions in global trade and supply chain. The globalization of production and trade shocks in relation to China generate substantial threat to world trade. The aim of this paper is to...