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Preferences, purchasing power parity, and inequality : analytical framework, propositions, and empirical evidence (English)

This paper makes analytical, methodological and empirical contributions to the literature on purchasing power parity. Purchasing power parities are required in a host of cross-country welfare comparisons, such as poverty rates and gross domestic product. ... See More +

Policy Research Working Paper WPS7395 AUG 18, 2015

Majumder,Amita; Ray,Ranjan; Santra,Sattwik

Russia monthly economic developments (English)

Russia’s economy contracted 4.6 percent in the second quarter, year-on-year, after a 2.2 percent contraction in the first quarter, but in June the pace of contraction slowed. ... See More +

Working Paper 99273 AUG 14, 2015

Hansl,Birgit; Baffes,John; Emelyanova,Olga; Matytsin,Mikhail; Ulatov,Sergei; Vashakmadze,Ekaterine T.

Depreciations without exports ? global value chains and the exchange rate elasticity of exports (English)

This paper analyzes how the exchange rate elasticity of exports has changed over time and across countries and sectors, and how the formation of global value chains has affected this relationship. ... See More +

Policy Research Working Paper WPS7390 AUG 11, 2015

Ahmed,Swarnali; Appendino,Maximiliano Andres; Ruta,Michele

Should Latin America save more to grow faster ? (English)

Latin America’s historically low saving rates and sub-par growth performance raise the question of whether the region should save more to grow faster. ... See More +

Policy Research Working Paper WPS7386 AUG 06, 2015

De La Torre,Augusto; Ize,Alain

Montenegro - Macro monitoring report Q3 2015 (English)

Brief 98768 AUG 01, 2015

DECPG global daily economic news (English)

Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) global daily economic news are as follows: high income economies; and developing economies in Latin America and the Caribbean. ... See More +

Newsletter 98995 JUL 28, 2015

Chen,Derek Hung Chiat

DECPG weekly global economic brief (English)

Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) weekly global economic newsletter are as follows: Greece re-opened banks and made some payments to international creditors, while its Parliament approved a second round of reforms; Eurozone purchasing managers’ index (PMI) fell more than expected in July; U.S. existing home sales jumped to highest level in over eight years, while initial jobless claims fell to a 42-year low; China flash manufacturing PMI fell noticeably in July; commodity prices expected to remain weak in 2015 despite a slight rebound in oil price; Some of the effects of negative rates are qualitatively analogous to those of very low but non-negative rates; that said, negative nominal interest rates may have undesirable side effects on financial stability, such as the erosion of bank profitability; negative rates may also exert pressures on non-bank financial institutions; negative rates may encourage excessive risk-taking; and negative rates might potentially necessitate a redesign of the functioning of financial transactions. ... See More +

Newsletter 99003 JUL 24, 2015

Trang Nguyen, Gerard Kambou and Xinghao Gong

Economic implications of lifting sanctions on Iran (English)

Iran and the Permanent Members of the UN Security Council and Germany (P5 1) reached a deal on July 14, 2015 that limits Iranian nuclear activity in return for lifting all international sanctions that were placed on Iran. ... See More +

Brief 98389 JUL 23, 2015

Devarajan,Shantayanan; Mottaghi,Lili French, Arabic, Farsi

DECPG global daily economic news (English)

Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) global daily economic news are as follows: high income economies; and developing economies in South Asia, and Sub-Saharan Africa. ... See More +

Newsletter 98990 JUL 21, 2015

Chen,Derek Hung Chiat

DECPG global daily economic news (English)

Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) global daily economic news are as follows: high income economies; and developing economies in Latin America, Caribbean, Middle East, North Africa, and Sub-Saharan Africa. ... See More +

Newsletter 98989 JUL 20, 2015

Chen,Derek Hung Chiat

DECPG global daily economic news (English)

Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) global daily economic news are as follows: high income economies; and developing economies in Sub-Saharan Africa. ... See More +

Newsletter 98987 JUL 16, 2015

Chen,Derek Hung Chiat

DECPG global daily economic news (English)

Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) global daily economic news are as follows: high income economies; and developing economies in East Asia, Pacific, and Sub-Saharan Africa. ... See More +

Newsletter 98986 JUL 15, 2015

Chen,Derek Hung Chiat

Global liquidity and external bond issuance in emerging markets and developing economies (English)

Using the universe of all externally issued bonds by corporates and sovereigns in emerging and developing economies during 2000-14, this paper analyzes various issuance trends, including the unprecedented post-crisis surge. ... See More +

Policy Research Working Paper WPS7363 JUL 13, 2015

Feyen,Erik H.B.; Ghosh,Swati R.; Kibuuka,Katie; Farazi,Subika

DECPG global daily economic news (English)

Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) global daily economic news are as follows: high income economies; and developing economies in Latin America, Caribbean, South Asia, and Sub-Saharan Africa ... See More +

Newsletter 98984 JUL 13, 2015

Chen,Derek Hung Chiat

DECPG global daily economic news (English)

Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) global daily economic news are as follows: high income economies; and developing economies in Europe, Central Asia, South Asia, and Sub-Saharan Africa ... See More +

Newsletter 98983 JUL 10, 2015

Chen,Derek Hung Chiat

Indonesia economic quarterly : slower gains (English)

Midway through 2015, Indonesia remains confronted with an uncertain external environment, and domestic economic policy challenges have intensified. ... See More +

Working Paper 98105 JUL 01, 2015

Sienaert,Alexis R.; Arsianti,Arsianti; Adriani,Magda; Crystallin,Masyita; Fitrani,Fitria; Ihsan,Ahya; Mileva,Elitza Alexandrova; Vulovic,Violeta; Makovec,Mattia; Yusuf, Monica Wihardjam Arief Anshory; Varela,Gonzalo J.; Kojima,Masami; Qadir,Muchsin Chasani Abdul; Pham,Anh Nguyet; Al-Samarrai,Samer Bahasa (Indonesian)

Turkey regular economic note (July 2015) (English)

The highlights of this Turkey regular economic note for July 2015 are: public spending offset weaker private demand to keep growth solid in the first quarter; despite declining food prices, lira depreciation and increases in oil prices pushed inflation higher; political uncertainty continues after the parliamentary election, creating downside risks to our 2015 growth forecast of 3 percent. ... See More +

Newsletter 98250 JUL 01, 2015

DECPG global daily economic news (English)

Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) global daily economic news are as follows: high income economies; and developing economies in Latin America, Caribbean, and Sub-Saharan Africa ... See More +

Newsletter 98981 JUL 01, 2015

Chen,Derek Hung Chiat

Indonesia - Current account assessment (English)

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 product (GDP) in 2012, to -3.27 percent of GDP in 2013, and -2.97 percent of GDP for the first three quarters of 2014, with most of the deterioration happening in the balance in goods and services trade, which averaged 3.1 percent of GDP in the period 2000-2007, and fell to 1.8 percent during 2008-2013. ... See More +

Working Paper 98206 JUL 01, 2015

Varela,Gonzalo J.; Nedeljkovic,Milan; Savini Zangrandi,Michele

Croatia - Macro monitoring report Q3 2015 (English)

After six years of recession, Croatia returned to growth in early 2015 supported by external demand and personal consumption. These two factors on the demand side and a slow construction recovery on the supply side are likely to support the 2015 growth outlook, with growth projected at 0.5 percent. ... See More +

Brief 98803 JUL 01, 2015

Title Document Date Report No. Document Type Also available in
Preferences, purchasing power parity, and inequality : analytical framework, propositions, and empirical evidence (English)
See More +
AUG 18, 2015 WPS7395 Policy Research Working Paper
Russia monthly economic developments (English)
See More +
AUG 14, 2015 99273 Working Paper
Depreciations without exports ? global value chains and the exchange rate elasticity of exports (English)
See More +
AUG 11, 2015 WPS7390 Policy Research Working Paper
Should Latin America save more to grow faster ? (English)
See More +
AUG 06, 2015 WPS7386 Policy Research Working Paper
Montenegro - Macro monitoring report Q3 2015 (English)
See More +
AUG 01, 2015 98768 Brief
DECPG global daily economic news (English)
See More +
JUL 28, 2015 98995 Newsletter
DECPG weekly global economic brief (English)
See More +
JUL 24, 2015 99003 Newsletter
Economic implications of lifting sanctions on Iran (English)
See More +
JUL 23, 2015 98389 Brief French, Arabic, Farsi
DECPG global daily economic news (English)
See More +
JUL 21, 2015 98990 Newsletter
DECPG global daily economic news (English)
See More +
JUL 20, 2015 98989 Newsletter
DECPG global daily economic news (English)
See More +
JUL 16, 2015 98987 Newsletter
DECPG global daily economic news (English)
See More +
JUL 15, 2015 98986 Newsletter
Global liquidity and external bond issuance in emerging markets and developing economies (English)
See More +
JUL 13, 2015 WPS7363 Policy Research Working Paper
DECPG global daily economic news (English)
See More +
JUL 13, 2015 98984 Newsletter
DECPG global daily economic news (English)
See More +
JUL 10, 2015 98983 Newsletter
Indonesia economic quarterly : slower gains (English)
See More +
JUL 01, 2015 98105 Working Paper Bahasa (Indonesian)
Turkey regular economic note (July 2015) (English)
See More +
JUL 01, 2015 98250 Newsletter
DECPG global daily economic news (English)
See More +
JUL 01, 2015 98981 Newsletter
Indonesia - Current account assessment (English)
See More +
JUL 01, 2015 98206 Working Paper
Croatia - Macro monitoring report Q3 2015 (English)
See More +
JUL 01, 2015 98803 Brief