|The Globalization of Farmland: Theory and Empirical Evidence|
Author/Editor: Rabah Arezki, Christian Bogmans, Harris Selod.
Release Date:June, 2018
This paper is the first to provide both theoretical and empirical evidence of farmland globalization whereby international investors directly acquire large tracts of agricultural land in other more...
|Oil Prices and the Global Economy|
Author/Editor: Rabah Arezki, Zoltan Jakab, Douglas Laxton, Akito Matsumoto, Armen Nurbekyan, Hou Wang, Jiaxiong Yao.
Release Date:January, 2017
This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of more...
|From Global Savings Glut to Financing Infrastructure : The Advent of Investment Platforms|
Author/Editor: Rabah Arezki, Patrick Bolton, Sanjay Peters, Frederic Samama, Joseph Stiglitz.
Release Date:February, 2016
This paper investigates the emerging global landscape for public-private co-investments in infrastructure. The creation of the Asian Infrastructure Investment Bank and other so-called more...
|News Shocks in Open Economies : Evidence from Giant Oil Discoveries|
Author/Editor: Rabah Arezki, Valerie A Ramey, Liugang Sheng.
Release Date:September, 2015
This paper explores the effect of news shocks on the current account and other macroeconomic variables using worldwide giant oil discoveries as a directly observable measure of news shocks about more...
|Global Implications of Lower Oil Prices|
Author/Editor: Aasim M. Husain, Rabah Arezki, Peter Breuer, Vikram Haksar, Thomas Helbling, Paulo A. Medas, Martin Sommer.
Release Date:July, 2015
The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors more...
|Testing the Prebisch-Singer Hypothesis since 1650: Evidence from Panel Techniques that Allow for Multiple Breaks|
Author/Editor: Rabah Arezki, Kaddour Hadri, Prakash Loungani, Yao Rao.
Release Date:August, 2013
In this paper, we re-examine two important aspects of the dynamics of relative primary commodity prices, namely the secular trend and the short run volatility. To do so, we employ 25 series, some of more...
|Commodity Price Volatility and Inclusive Growth in Low-Income Countries|
Author/Editor: Rabah Arezki, Catherine A Pattillo, Marc G Quintyn, Min Zhu.
Release Date:October, 2012
In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are now facing enormous difficulties because of more...
|Education Attainment in Public Administration Around the World: Evidence from a New Dataset|
Author/Editor: Rabah Arezki, Herbert Lui, Marc Quintyn, Frederik G Toscani.
Release Date:September, 2012
The paper provides a detailed description of a novel dataset on education attainment in public administrations covering the period 1981-2011 for 178 countries. The dataset uses information extracted more...
|Structural Reforms, IMF Programs and Capacity Building: An Empirical Investigation|
Author/Editor: Rabah Arezki, Marc Quintyn, Frederik G Toscani.
Release Date:September, 2012
This paper investigates the role that International Monetary Fund (IMF) programs and capacity building play in fostering structural reforms. To do so, we exploit two novel datasets on IMF capacity more...
|Resource Windfalls, Optimal Public Investment and Redistribution: The Role of Total Factor Productivity and Administrative Capacity|
Author/Editor: Rabah Arezki, Arnaud Dupuy, Alan H. Gelb.
Release Date:August, 2012
This paper studies the optimal public investment decisions in countries experiencing a resource windfall. To do so, we use an augmented version of the Permanent Income framework with public more...