At Whose Service? Jobs and Services Trade in Developing Countries
Johannes Schwarzer | 17 November 2014
Trade,
Blog | 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
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Does Unconventional Monetary Policy Affect Inequality? Evidence from Japan
Ayako Saiki and
Jon Frost | 17 October 2014
Monetary,
Research 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
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Asia’s Poor Increase by One-Billion Overnight
Jean-Pierre Lehmann | 16 September 2014
Trade,
Blog | 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.
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Growth Escalators and Growth Convergence
Ejaz Ghani | 5 September 2014
Trade,
Blog | 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,
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TTIP and Jobs: Does the Emperor Have Clothes?
Johannes Schwarzer | 21 August 2014
Trade,
Blog | 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
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Does Inflation Really Hurt the Poor More than the Rich?
Pierre Monnin | 26 May 2014
Monetary,
Blog | Tags:
Inequality,
Inflation
After being neglected for decades, income and wealth inequality are back at the center of economic discussions. Recent work by the IMF, renowned economists like Joseph Stiglitz (e.g. in his book “The Price of Inequality”), as well as the lively debate generated by Thomas Piketty’s
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Inflation and Income Inequality in Developed Economies
Pierre Monnin | 15 May 2014
Monetary,
Research Papers | Tags:
Inequality,
Inflation
This paper explores the empirical link between income inequality and inflation in ten OECD countries over the period 1971 to 2010. In addition to inflation, we include six control variables
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Bali Boost: WTO Lives, Snatched for Now From Jaws of Defeat
Jean-Pierre Lehmann | 23 December 2013
Trade,
Blog | Tags:
WTO
It would be churlish not to congratulate the WTO and especially Roberto Azevêdo, its dynamic director-general, for successfully passing a “Bali package” at the Indonesian resort well past the 11th hour on 7 December. The WTO Doha Round, launched in the Qatari capital in 2001,
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Africa Could Become the World’s Next Powerhouse
Gilles Carbonnier | 26 September 2013
Fiscal,
Trade,
Blog | Tags:
Africa,
Commodities,
Taxes
“A winning Africa!” “Thousands of Portuguese workers emigrate to the former colony of Angola in search of work.” Headlines such as these are a perfect illustration of the Afro-optimism that has gripped the media these last few years. In an Africa courted by foreign investors,
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Property Taxes and Sustainability
Alexander Barkawi and
Peter Heller | 26 August 2013
Fiscal,
Blog | Tags:
Housing,
Inequality
Many economists advocate that a higher share of government revenue should derive from taxes on immovable property. Proponents of a sustainability agenda may want to follow their advice. Read an OECD economic survey for a particular country and chances are high it recommends increasing the
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