31 results about ECONOMIC GROWTH


The Art of the Trade Deal: Quantifying the benefits of a TPP without the United States

June 13, 2017

This report uses econometric modelling and analysis to examine how Canada and other TPP signatories would fare under a TPP11; what the U.S. stands to lose; and, how the agreement would affect diffe... READ MORE


The effect of regional trade agreements on growth volatility

May 8, 2017

The debate over regional trade agreements is ongoing. It has been argued that they can heighten exposure to shocks as they lead to more specialisation, and conversely that they can alleviate volati... READ MORE


World Economic Outlook, April 2017: Gaining Momentum?

April 20, 2017

Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade, according to Chapter 1 of this World Economic Outlook. World growth is expected... READ MORE


Making Trade an Engine of Growth for All: The Case for Trade and for Policies to Facilitate Adjustment

April 10, 2017

In this study the authors argue that the benefits from opening trade are broad and deep. Trade liberalization has generated higher living standards through greater productivity, increased competiti... READ MORE


G-20 Finance Ministers: Economic Recovery "Weaker" Than Hoped

July 28, 2016

The global economic recovery remains “weaker than desirable,” said finance ministe... READ MORE


Make America Trade Again

May 23, 2016

No matter how much some US presidential candidates may deride free trade, it remains the backbone of the American economy. Without it, the country would become significantly poorer and its global infl... READ MORE


4 Reasons Free Trade Has Become A Contentious Political And Economic Issue

April 3, 2016

Free trade was long virtually the only issue about which all economists agreed. Free trade was good and moving toward freer trade was always better than protectionism. These basic lessons have been ta... READ MORE


Suez Canal expansion and infrastructure improvements reposition Egypt as regional trade and logistics hub

March 13, 2016

Egypt’s vast infrastructure ambitions are most impressively illustrated by the immense Suez Canal expansion that has transformed the vital waterway, while numerous other projects for roads, r... READ MORE


What the TPP means for Latin America and the Caribbean

March 9, 2016

On February 4, 2016, after five years of negotiations, the members of the Trans-Pacific Partnership Agreement (TPP) signed the trade pact, considered to be the highest standard trade agreement to d... READ MORE


APEC Senior Officials Drive Quality Growth Amid Headwinds

March 4, 2016

Senior Officials from the 21 APEC member economies have convened in Lima to develop new measures for delivering higher quality growth. They are intent on improving social mobility and living standards... READ MORE


Pacific Alliance to grow 3.1% and 4.5% in 2017-18

February 13, 2016

The economic bloc comprising Chile, Colombia, Mexico and Peru or Pacific Alliance is expected to grow 3.1% and 4.5% in 2017 and 2018, respectively, while imports are set to expand 5.9% and 6.1% in eac... READ MORE


TPP Adds to South Korean Economic Woes

February 9, 2016

There is growing concern in South Korea that the U.S.-led Trans-Pacific Partnership (TPP) could further hurt the country's economy, which is already experiencing a steep drop in exports and slow growt... READ MORE


Assessing the Trans-Pacific Partnership Volume 1: Market Access and Sectoral Issues

February 1, 2016

After five and a half years of negotiations, the Barack Obama administration concluded the most ambitious free trade deal of the postwar era on October 5, 2015. The Trans-Pacific Partnership (TPP)... READ MORE


Studies of TPP: Which is Credible?

January 29, 2016

To decide which of these studies is more credible, three questions should be asked: First, is the model that is used appropriate for exploring trade policy? Second, has the TPP been depicted in tha... READ MORE


The E15 Initiative: Strengthening the Global Trade and Investment System in the 21st Century

January 22, 2016

World trade has experienced a significant slowdown since the 2008 financial crisis. Over this period, the global ratio of trade expansion to income growth has halved. An effective global trade and... READ MORE


Recovery From Trade Swoon May Be Slow

January 19, 2016

Say goodbye to the golden age of the container ship. Compared with the level of economic growth, global trade is in the midst of its worst slowdown in decades. And even if imports and exports pick up... READ MORE


Potential Implications of the Trans-Pacific Partnership Agreement

January 1, 2016

On October 4, 2015, 12 Pacific Rim countries concluded negotiations on the Trans-Pacific Partnership trade agreement. If ratified, the agreement could raise member country GDP by an average of 1.1... READ MORE


The Economic Effects of the Trans-Pacific Partnership: New Estimates

January 1, 2016

This Working Paper estimates the effects of the Trans-Pacific Partnership (TPP) using a comprehensive, quantitative trade model, updating results reported in Petri, Plummer, and Zhai (201... READ MORE


IDB urges region to step up trade as exports decline

December 14, 2015

Exports from Latin America and the Caribbean will drop about 14 per cent in 2015 due to a steep decline in prices and weak demand for the region’s main exports from key trading partners, according to... READ MORE


Hurdles on Indonesia’s road to reform

December 13, 2015

As 2015 draws to a close, the Indonesian government is trying to convince the jury on two counts — first, that it has turned the corner towards more constructive economic policy, and second, that it h... READ MORE


APEC's New Focus

December 11, 2015

Strong trade growth has traditionally driven strong growth in the Pacific Rim region, but trade growth has disappointed over the last few years. At the same time, the region is having to come to te... READ MORE


Trade between Korea, Latin America Showing Annual 17% Growth on Average

December 7, 2015

It has been found that the volume of trade between Korea and Latin America has grown at an annual average of 17 percent since 1990 with Korea purchasing a variety of products from the continent. Accor... READ MORE


The Tide Turns? Trade, Protectionism, and Slowing Global Growth

November 12, 2015

The G20’s principal task of reviving global economic growth has never been easy – it is harder now that world trade is contracting. World trade growth isn’t slowing down – t... READ MORE


Why the TPP is the linchpin of the Asia rebalance

July 28, 2015

This week, twelve trade ministers meet in Hawaii to try to complete negotiations on the Trans-Pacific Partnership (TPP) agreement. If they succeed, there will be substantial benefits for their nations... READ MORE


Does a Regional Trade Agreement Lessen or Exacerbate Growth Volatility?

July 1, 2015

This paper assesses how RTAs impact growth volatility on a sample of 170 countries, between 1978-2012. The findings show that the benefits outweigh the costs as RTAs are consistently associated wit... READ MORE


Synchronized Factories: Latin America and the Caribbean in the Era of Global Value Chains

January 1, 2014

The internationalization of production processes – the so-called global value chain (GVC) revolution – has opened a new pathway to industrial development. Nations initially join GVCs to... READ MORE


Developing the Service Sector as an Engine of Growth for Asia

October 1, 2013

This book analyzes the current state of the region's service sector, the salient barriers to service sector development, and the prospects for the sector to serve as an engine for inclusive gro... READ MORE


On the Use of FTAs: A Review of Research Methodologies

May 1, 2013

There has been much confusion, rather than debate, on the use of free trade agreements (FTAs). Unfortunately, a large part of the confusion is caused by the absence of consensus on the meaning of k... READ MORE


Developing Economic Corridors in Africa: Rationale for the Participation of the African Development Bank

April 1, 2013

The purpose of this Brief is to provide the rationale for transforming Africa’s potential regional transport corridors into economic corridors and to discuss the role of the African Developme... READ MORE


What is Economic Corridor Development and What Can It Achieve in Asia’s Subregions?

March 1, 2013

Economic corridors connect economic agents along a defined geography. They provide important connections between economic nodes or hubs that are usually centered in urban landscapes. They do not st... READ MORE


Central America, Panama, and the Dominican Republic

September 1, 2012

This paper studies the potential for the export sector to play a more important role in promoting growth in Central America, Panama, and the Dominican Republic (CAPDR) through deeper intra-regional... READ MORE