This paper studies globalization dynamics over 1965–2021. Based on the definition that refers to globalization as an extension beyond national borders of the same market forces that operate at all levels...
This paper quantifies the trade creation effects of South Asia’s trade agreements within the region and with the rest of the world. The paper uses an extensive database of bilateral trade covering the...
The contribution of services to economic activity is difficult to measure, particularly in South Asia where the informal economy is large. This note provides additional information about methodology and...
The COVID-19 pandemic, which is still impacting South Asia, has temporarily brought the region to a near standstill. Governments proactively stabilized activity through monetary easing, fiscal stimulus...
Regulatory compliance is key in the fight against climate change and other environmental challenges. But regulatory agencies, especially in developing countries, are often hampered by their capacity to...
The COVID-19 pandemic has disrupted economic activity in India. Adjusting policies to contain trans- mission while mitigating the economic impact requires an assessment of the economic situation in near...
This note discusses the role that import duties have in Pakistan’s economy, and their links with export competitiveness. Import duties play two key roles. First, they are a source of tax revenues for governments...
This paper examines the performance of globally engaged firms in Argentina in the past decade. Using highly disaggregated firm-level customs transaction data for imports and exports, the paper documents...
The global economy has witnessed a decline in inflation and an increase in inflation synchronization since the early 1980s. This paper investigates the relationship between inflation synchronization and...