This paper proposes a novel empirical methodology to reveal factors associated with foreign direct investment decisions and export success at the industry level. Faced with large amounts of policy and...
Turkey has moved rapidly from a current account that was relatively in balance up to the turn of the millennia, to sustaining relatively large current account deficits over the past 15 years. Using annual...
One of the most prominent effects of commodity booms is the appreciation of the real exchange rate (RER), which decreases the relative competitiveness of the non-booming tradable sector. The authors document...
The economy-wide positive impact of the JCPOA since January 2016 is proving to be slower than expected. Iran’s economy moderated to an estimated annual growth rate of 0.6 percent in 2015 ahead of the implementation...
The economy-wide positive impact of the JCPOA since January 2016 is proving to be slower than expected. Iran’s economy moderated to an estimated annual growth rate of 0.6 percent in 2015 ahead of the implementation...
The current downturn in commodity prices provides an opportunity for Indonesia to shift away from its dependence on commodity-driven growth towards higher value-added activities in manufacturing and services...
Indonesia’s current account fell into deficit in late 2011 for the first time since the 1997-8 Asian financial crisis. The current account balance subsequently dropped to -2.78 percent of gross domestic...
The fluctuating economies and differing experiences of countries before and after the economic crisis of 2008 indicate a complex network of possible influences. Persistent current account deficits and...