novembre 2017 Vers quelle transformation structurelle en Afrique? Jaime DE MELO

L’Afrique subsaharienne a renoué avec la croissance. Pour poursuivre sa transformation structurelle nonobstant le faible tissu industriel et les côuts élevés de sa main d’œuvre, l’adoption de politiques visant  à faciliter l’entrepreneuriat dans les secteurs de services prometteurs est crucial. Ces politiques devraient aider à confronter le défi d’absorber les millions de jeunes qui vont […]

novembre 2017 Policy responses to terms of trade shocks Pierre JACQUET, Alexis ATLANI, Marwan LISSER

Terms-of-trade shocks are important determinants of long-term growth in commodity-rich developing countries. Transforming commodity assets into engines of development requires confronting two interrelated challenges: a long-term one of moving from commodity dependency to a diversified productive economy, a short-term one of managing commodity price volatility. Both challenges call for appropriate policies. The complexity of the […]

novembre 2017 Minimum age regulation and child labor: New evidence from Brazil Olivier BARGAIN, Delphine BOUTIN

We suggest new evidence on minimum age regulations using a natural experiment. In 1998, a constitutional reform has changed the minimum working age from 14 to 16 in Brazil. The reform was the legislative counterpart of a broad set of measures taken by a government strongly committed to fighting child labor. We document the fact […]

octobre 2017 Ad-valorem equivalents of NTMs in ASEAN Olivier CADOT, Lili Yan ING

To obtain country specific estimates of ad-valorem equivalent (AVE) of Non-Tariff Measures (NTMs), we propose a a new that relies on the estimation of bilateral trade flows on two-way panels (product X importer X exporter) at the HS 2-digit level with importer, exporter and product fixed effects and interaction terms between NTM variables and full […]

octobre 2017 Principes et application à l’UEMOA d’un indice d’engagement des Etats dans l’intégration commerciale Joël CARIOLLE, Anne-Marie GEOURJON, Audrey-Anne DE UBEDA

Le suivi de l’intégration régionale (IR) effectué sur la base des indicateurs usuels de conformité et de résultat est limité. Si les indicateurs de conformité se limitent à la dimension réglementaire des politiques d’intégration, les indicateurs de résultats de ces politiques sont influencés par des facteurs internes et externes : la croissance démographique, les mouvements internationaux […]

octobre 2017 Investment climate, outward orientation and manufacturing firm productivity: New empirical evidence Hoang Thanh Mai NGUYEN, Marie-Ange VEGANZONES-VAROUDAKIS

Drawing on the World Bank Enterprise Surveys (WBES), we revisit the link between investment climate and firm productive performance for a panel of enterprises surveyed twice in 70 developing countries and 11 manufacturing industries. We take advantage of the surveys done at different times in an increasing number of economies, to tackle the endogeneity issue […]

octobre 2017 Effect of central transfers on municipalities’ own revenue mobilization: Do conflict and local revenue management matter? Jean-François BRUN, Tiangboho SANOGO

This paper analyzes the effect of the transfers from central government to municipalities on the revenue mobilization by municipalities in Côte d’Ivoire over the period 2001-2014. The analysis is based on a new carefully-constructed dataset covering the conflict and post conflict periods for 115 municipalities. A two-stage least squares estimator is combined with the Grouped […]

septembre 2017 Is fiscal policy always counter- (pro-) cyclical? The role of public debt and fiscal rules Jean-Louis COMBES, Alexandru MINEA, Mousse Ndoye SOW

We investigate the reaction of fiscal policy to the business cycle in a panel of 56 developed, emerging and developing economies over 1990–2011. While we strengthen the established finding that fiscal policy is counter-cyclical, additional outcomes emerge from this study. We reveal a non-linear response of fiscal policy to the business cycle, conditional upon the […]

septembre 2017 Labor Clauses in Trade Agreements: worker protection or protectionism? Céline CARRERE, Marcelo OLARREAGA, Damian RAESS

We explore the impact on bilateral trade flows of the inclusion of a labor clause (LC) in Trade Agreements (TAs). Using a gravity type framework, we find that the introduction of LCs has on average no impact on bilateral trade flows. However, there is some interesting heterogeneity. Exports of low-income countries benefit from the introduction […]

septembre 2017 Trade Related Institutions and Development Jaime DE MELO, Marcelo OLARREAGA

The paper focuses on the role played by Trade Related Institutions (TRIs) in shaping trade flows and their development impact in low-income countries and how these TRIs are shaped by international trade. Three types of TRIs are examined: i) trade agreements; ii) trade promotion organizations; and iii) private TRIs, i.e. fair trade labelling, trading platforms […]