How Countries Can Diversify Their Exports
Four economy-wide factors—governance, education, infrastructure, and trade policy—relate closely to more varied and complex exports across countries […]
Latin America and Caribbean’s Winding Road to Recovery
By Alejandro Werner, Anna Ivanova, and Takuji Komatsuzaki
Latin America and Caribbean economies managed to bounce back from COVID-19’s initial economic devastation earlier in 2020. […]
COVID-19: Without Help, Low-Income Developing Countries Risk a Lost Decade
By Daniel Gurara, Stefania Fabrizio, and Johannes Wiegand
عربي, 中文, Español, Français, 日本語, Português, Русский
While the COVID-19 crisis is sending shockwaves around the globe, low-income developing countries (LIDCs) are in a particularly difficult position to respond. […]
Chart of the WeekTracking Trade During the COVID-19 Pandemic
By Diego Cerdeiro, Andras Komaromi, Yang Liu, and Mamoon Saeed
With the current fast-changing developments, policy makers need to know what is happening to the economy in real time, but they often must settle for data telling them what happened many weeks ago. […]
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Taming the Currency Hype
By Gustavo Adler, Luis Cubeddu, and Gita Gopinath
Escalating trade tensions are taking a toll on the global economy and are partly responsible for the recent downward revisions to our growth forecasts for 2019-20. […]
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Tariff Shocks: The Role of Value Chains in Europe
By Raju Huidrom, Carlos Mulas-Granados, Laura Papi, and Emil Stavrev
The Czech Republic exports only a small number of cars and car parts directly to the United States, but it’s likely to suffer significant economic damage if that country were to impose tariffs on auto imports. […]
Chart of The WeekExpanding Trade Across The Maghreb
By Ramzy Al Amine, Jean-François Dauphin, and Alexei Kireyev
In 1989, the five Maghreb countries—Algeria, Libya, Mauritania, Morocco and Tunisia—established the Arab Maghreb Union to promote cooperation and economic integration. Thirty years later, there is still a largely untapped potential for regional trade among Maghreb countries. […]
Economic Forces, Not Tariffs, Drive Changes in Trade Balances
By Johannes Eugster, Florence Jaumotte, Margaux MacDonald, and Roberto Piazza
عربي, 中文, Español, Français, 日本語, Português, Русский
New IMF research finds that macroeconomic factors, not tariffs, explain most of the changes in trade balances between two countries. […]