2019 Quota Data Update

This paper presents the annual update of the quota database and extends the database by one year through 2017.
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Volume/Issue: Volume 2021 Issue 015
Publication date: March 2021
ISBN: 9781513571461
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Topics covered in this book

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Labor , Banks and Banking , Exports and Imports , Economics- Macroeconomics , PP , openness variable , annexes advance , cutoff date , EMDC share , PPP GDP share , Purchasing power parity , Financial account , Labor unions , Monetary unions , Africa , Asia and Pacific , Global , Middle East , Western Hemisphere

Summary

The paper presents summary results for the updated data set, with country-by-country details provided in Appendix I. In terms of broad country groups, the results of the data update are broadly consistent with trends observed in previous updates. The aggregate share of Emerging Market and Developing Countries (EMDCs) increased by 0.3 pp, to 50.0 percent, following a small decline in the EMDCs’ share recorded in the 2018 data update. The rising EMDC share reflected again foremost an increase for Asia. Most advanced economies recorded a small decrease in their calculated quota share using the current quota formula.