Terms of Trade

The terms of trade (TOT) is the relative price of exports in terms of imports and is defined as the ratio of export prices to import prices. It can be interpreted as the amount of import goods an economy can purchase per unit of export goods. An improvement of a nation's terms of trade benefits that country in the sense that it can buy more imports for any given level of exports. The terms of trade may be influenced by the exchange rate because a rise in the value of a country's currency lowers the domestic prices of its imports …

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Publications

World Bank Group · 17 April 2024 English

This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of the Sub-Saharan Africa region. Macroeconomic …

deficit of 0.1 percent of GDP due to worsening terms of trade. With policy rates among the highest in East average 5 percent in 2024-26, reflecting softer terms of trade and a normalization towards trend growth. Inflation value chains and induce a sharper decline in terms of trade, re- sulting possibly in lower revenues and


World Bank Group · 17 April 2024 English

This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of Sub-Saharan Africa. Macroeconomic indicators such …

uncertain- ties in the mining sector. Favorable terms of trade with an increase in gold prices coupled with political instabili- ty, climatic shocks, terms of trade shocks, and the withdrawal from ECOWAS. An mainly due to a 14.4 percent improvement in the terms of trade. However, a lack of competitiveness, cou- pled slowed down in 2023 but remained resilient. The terms-of-trade de- terioration and higher imports would maintain


World Bank Group · 17 April 2024 English

This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of the Middle East and North …

deficit of 0.1 percent of GDP due to worsening terms of trade. With policy rates among the highest in East average 5 percent in 2024-26, reflecting softer terms of trade and a normalization towards trend growth. Inflation value chains and induce a sharper decline in terms of trade, re- sulting possibly in lower revenues and


IMF: International Monetary Fund · 17 April 2024 English

The WAEMU has seen strong growth and rising living standards over the past decade. Economic growth averaged 5.4 percent in 2013-2019 and 5.8 percent in 2021-2023. Policy efforts from regional …

(average) 2.0 3.6 7.5 3.3 3.7 3.2 2.6 2.2 2.0 2.0 Terms of trade 29.8 -8.2 -14.4 -0.5 11.3 4.2 -0.4 0.6 0.3 and internal adverse shocks, including worse terms-of-trade, climate disasters, or a further deterioration


ifo: Ifo Institute for Economic Research · 16 April 2024 German

Schnelldienst 4-2024

Realwert des Bruttoinlands­ BR eANCH produkts und Terms of Trade: EN N Ue Nu D SEKT Ergebnisse für das Jahr


Notre Europe: Notre Europe · 16 April 2024 English

My analysis intentionally does not exceed the scope of the mandate received from the EU Council and the Commission - developed under the present Belgian, Spanish, and Hungarian trio Presidency …

tied to the Single Market's interactions in terms of trade, investment, and the movement of people. This


CESifo Network · 15 April 2024 English

Levelling the Global Playing Field through Optimal Non-Discriminatory Corporate Taxes and Subsidies

(2014). Trade policy: home market effect versus terms-of-trade externality. Journal of International Economics


ORF: Observer Research Foundation · 15 April 2024 English

Introduction: Modi Heralds a New Era in India-US Partnership Harsh V. Pant and Vivek Lall In June 2023, Indian Prime Minister Narendra Modi joined an elite league of leaders, such …

partner in global affairs today. Whether in terms of trade, technology, security, education, energy,


HBS: Heinrich Boll Foundation · 11 April 2024 English

Contested Mobility Norms in Africa 4/ 86 through a set of sub-norm statements that look at the place of migration in the process of development, the political economy of migration, …

include governance, anti-corruption measures and terms of trade. This makes it difficult to say that «development


World Bank Group · 10 April 2024 English

This paper shows how growth regressions can be useful for analyzing a country’s growth performance. Growth regressions describe changes in key macroeconomic variables that countries typically experience during their growth …

04 3.16 1,537 dltot Log changes in the terms of trade WDI 0.01 0.12 1,556 lkg Log of (government in international price levels, we include terms of trade changes, dltot, calculated as changes in the coefficient estimates for temperature variability, terms of trade changes, and growth volatility, as well as (sd_temperature) -0.024 3.556 3.400 -0.156 0.37% Terms of trade changes (dltot) -0.027 0.015 0.028 0.014


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