Publications

At Whose Service? Jobs and Services Trade in Developing Countries

| 17 November 2014
Blog, Trade | Tags: Development, Employment, Poverty, Services Trade, WTO
Services-led Employment Growth? Creating jobs to match their ever increasing, relatively young labor forces is probably the biggest challenge that developing countries are facing in the medium term. Reducing unemployment is perhaps the most effective tool to achieve a wide range of development goals, such ... continue reading

Does Unconventional Monetary Policy Affect Inequality? Evidence from Japan

and | 17 October 2014
Monetary, Working Papers | Tags: Inequality, QE
Inequality has been largely ignored in the literature and practice of monetary policy, but is gaining more attention recently. Here, we exclusively focus on the impact of unconventional monetary policy (UMP) on inequality. We look at how the recent UMP in Japan affected inequality, using ... continue reading

Asia’s Poor Increase by One-Billion Overnight

| 16 September 2014
Blog, Trade | Tags: G20, IMF, Poverty, Trade, WTO
The news has been exceptionally bad recently: carnage in the Middle East, race riots in the US, ongoing recession in the Eurozone and Japan, tension in the South China Sea, high youth unemployment virtually everywhere, the Ebola epidemic and so on and so depressingly forth. ... continue reading

Growth Escalators and Growth Convergence

| 5 September 2014
Blog, Trade | Tags: Development, Services Trade
This article was first published on VoxEU.org and is republished with permission. The literature on global growth convergence and divergence is vast and deep. And it is still evolving. Some have argued that global growth is actually diverging across countries. Pritchett (1977) called this “divergence, ... continue reading

TTIP and Jobs: Does the Emperor Have Clothes?

| 21 August 2014
Blog, Trade | Tags: Employment, Services Trade, TTIP
With negotiations of the Transatlantic Trade and Investment Partnership (TTIP) in full swing, policymakers across the Atlantic are reiterating calls for more support of an agreement.  In the wake of increasing public criticism of the plans for a deal, notably in Europe, policymakers are under ... continue reading