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This paper reassesses the impact of trade liberalization on productivity. We build a new, unique...

This Selected Issues paper focuses on the Baltic model, Baltic–Nordic links, and convergence. The...

Barring the realization of downside risks to the global economy, growth in the Asia and the...

The emergence of BRICs—Brazil, Russia, India, and China—is reshaping low-income countries’ (LICs)...

Low-income countries are being hit hard by the global financial crisis. They are facing a sharp...

Tax concessions have been employed as a central component of the development strategy in the...