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Lifting Growth in the Western Balkans : The Role of Global Value Chains and Services Exports

Author/Editor: Nadeem Ilahi, Armine Khachatryan, William Lindquist, Nhu Nguyen, Faezeh Raei, Jesmin Rahman.

Release Date:November, 2019

In the past 25 years, exports have contributed strongly to growth and economic convergence in many small open economies. However, the Western Balkan (WB) region, consisting of small emerging market more...



Price: $20.00
Trade Tensions, Global Value Chains, and Spillovers : Insights for Europe

Author/Editor: Raju Huidrom, Nemanja Jovanovic, Carlos Mulas-Granados, Laura Papi, Faezeh Raei, Emil Stavrev, Philippe Wingender.

Release Date:June, 2019

Europe is deeply integrated into global value chains and recent trade tensions raise the question of how European economies would be affected by the introduction of tariffs or other trade barriers. more...



Price: $20.00
Global Value Chains: What are the Benefits and Why Do Countries Participate?

Author/Editor: Faezeh Raei, Anna Ignatenko, Borislava Mircheva.

Release Date:January, 2019

Over the last two decades, world trade and production have become increasingly organized around global value chains (GVC). Recent theoretical work has shown that countries can benefit from more...



Price: $18.00
A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries

Author/Editor: Jiri Podpiera, Faezeh Raei, Ara Stepanyan.

Release Date:February, 2017

Was the postcrisis growth slowdown in Central, Eastern and Southeastern Europe (CESEE) structural or cyclical? We use three different methods—production function approach, basic multivariate more...



Price: $18.00
Emigration and Its Economic Impact on Eastern Europe

Author/Editor: Ruben V Atoyan, Lone Engbo Christiansen, Allan Dizioli, Christian H Ebeke, Nadeem Ilahi, Anna Ilyina, Gil Mehrez, Haonan Qu, Faezeh Raei, Alaina P Rhee, Daria V Zakharova.

Release Date:July, 2016

This paper analyses the impact of large and persistent emigration from Eastern European countries over the past 25 years on these countries’ growth and income convergence to advanced Europe. While more...



Price: $10.00
The German Labor Market Reforms and Post-Unemployment Earnings

Author/Editor: Niklas Engbom, Enrica Detragiache, Faezeh Raei.

Release Date:July, 2015

In 2003–05, Germany undertook extensive labor market reforms which werefollowed by a large and persistent decline in unemployment. Key elements of thereforms were a drastic cut in benefits for the more...



Price: $18.00
Government Involvement in Corporate Debt Restructuring : Case Studies from the Great Recession

Author/Editor: David A Grigorian, Faezeh Raei.

Release Date:November, 2010

The paper examines recent episodes of government involvement in corporate debt restructurings. It argues that corporate debt restructuring is an important step toward recovery from a financial more...



Price: $18.00
Sukuk vs. Eurobonds : Is There a Difference in Value-at-Risk?

Author/Editor: Faezeh Raei, Selim Cakir.

Release Date:October, 2007

This paper assesses the impact of bonds issued according to Islamic principles (Sukuk), on the cost and risk structure of investment portfolios by using the Value-at-Risk (VaR) framework. The market more...



Price: $18.00