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This report assesses the future impact of two dynamically transforming economies – China and India – on Russia’s economy. China is slowing down and rebalancing its economy whereas India is rapidly expanding. What does this hold for Russia? The report begins with a snapshot of findings,...
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This paper describes a parsimonious methodology employed by the World Bank for estimating potential output using the production function method. Despite the necessity of strong assumptions, sensitivity analysis suggests the reported estimates for 159 countries are robust to alternative...
Persistent link: https://www.econbiz.de/10012564293
This paper summarizes the World Bank's approach to identifying parameters for key equations in its macro structural model for countries where short sample sizes or major structural changes render traditional time-series approaches infeasible or yield unstable estimates. To identify parameters...
Persistent link: https://www.econbiz.de/10012059243