{"id":22,"date":"2023-06-14T18:14:34","date_gmt":"2023-06-14T17:14:34","guid":{"rendered":"http:\/\/angella.montfaucon.info\/?page_id=22"},"modified":"2026-01-31T16:42:00","modified_gmt":"2026-01-31T15:42:00","slug":"research","status":"publish","type":"page","link":"https:\/\/angella.montfaucon.info\/?page_id=22","title":{"rendered":"Research"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Publications<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>2026, <a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0304387825001129\">Trade policy and exporters\u2019 resilience: Evidence from Indonesia<\/a>, <em>Journal of Development Economics<\/em>, 179, (with Cal\u00ec, M., Caicedo Graciano, S., Ghose, D., and Ruta, M.)<\/li>\n\n\n\n<li>2025\u200b,\u00a0<a href=\"https:\/\/www.tandfonline.com\/doi\/full\/10.1080\/09638199.2024.2328114\" target=\"_blank\" rel=\"noreferrer noopener\">The Impacts of Lockdown Policies on International Trade in the Philippines<\/a>, <em>The Journal of International Trade &amp; Economic Development<\/em>, 34(2), 340\u2013359 (With Arena, G.C., and Majune, S) [<a href=\"https:\/\/openknowledge.worldbank.org\/handle\/10986\/36882\">World Bank Working Paper<\/a>]<\/li>\n\n\n\n<li>2025, <a href=\"https:\/\/angella.montfaucon.info\/?page_id=140\" data-type=\"page\" data-id=\"140\">Revisiting the Gains from Trade in EMDEs : The Case of Selected East Asian and East African Economies<\/a>, <em>World Bank Policy Research Working Paper<\/em> <em>No 11072<\/em>, World Bank, Washington, DC.&nbsp; (With Battogtvor, E and Majune, S. K)<\/li>\n\n\n\n<li>2025, <a href=\"https:\/\/publication.aercafricalibrary.org\/server\/api\/core\/bitstreams\/33f72bc4-62c1-4e58-b3db-90d54f726f09\/content\">The Role of Trade Policies in Innovation: The Case of Malawi<\/a>, <em>African Economic Research Consortium (AERC) Research Paper 561<\/em><\/li>\n\n\n\n<li>2025, <a href=\"https:\/\/publication.aercafricalibrary.org\/server\/api\/core\/bitstreams\/225dfead-852f-49b0-a620-0c331e1b863c\/content\">Greening Trade through Global Value Chains in Africa<\/a>, <em>African Economic Research Consortium (AERC) Working Paper GVC-II-001<\/em> (With Majune, S)<\/li>\n\n\n\n<li>2024, <a href=\"https:\/\/documents1.worldbank.org\/curated\/en\/099508512132437076\/pdf\/IDU-0cc022d2-63a5-459b-ac4e-8bfbbe1661f8.pdf\" data-type=\"link\" data-id=\"https:\/\/documents1.worldbank.org\/curated\/en\/099508512132437076\/pdf\/IDU-0cc022d2-63a5-459b-ac4e-8bfbbe1661f8.pdf\">Trade Policy, Green Goods and the Labor Market: Evidence from the Philippines<\/a>, <em>World Bank Policy Research Working Paper<\/em> <em>No 11001<\/em>, World Bank, Washington, DC.&nbsp; (With Coulibaly, S;&nbsp;Nigatu, N; and Seri Epse Atsebi, R. S)<\/li>\n\n\n\n<li>2024, <a href=\"https:\/\/documents1.worldbank.org\/curated\/en\/099011624201039201\/pdf\/P500575175bdcd0ce1a9fc1815947fdfa7b.pdf\">Trading Towards Sustainability: The Role of Trade Policies in Indonesia\u2019s Green Transformation<\/a>, The World Bank, Washington, DC. &nbsp;(With Bayu Agnimaruto, Jana Mirjam Silberring, Csilla Lakatos)<\/li>\n\n\n\n<li>2023, <a href=\"https:\/\/doi.org\/10.1111\/twec.13507\">An analysis of value chain trade in Africa,<\/a> <em>World Economy<\/em>, (With Nigatu, S.N and Majune. S)<a href=\"http:\/\/publication.aercafricalibrary.org\/handle\/123456789\/3418\">[AERC Working Paper<\/a>]<\/li>\n\n\n\n<li>2023, <a href=\"https:\/\/documents1.worldbank.org\/curated\/en\/099558306302336953\/pdf\/IDU07955d4310902c041e208d8605e70c65c84b0.pdf\">Firms in Global Value Chains during Covid-19: Evidence from Indonesia<\/a>, <em>World Bank Policy Research Working Paper<\/em> <em>No 10514<\/em>, World Bank, Washington, DC.&nbsp; (With Ghose, D)<\/li>\n\n\n\n<li>2023, <a href=\"https:\/\/documents.worldbank.org\/en\/publication\/documents-reports\/documentdetail\/099428406082321250\/IDU0ecbb6f580adbd04a7408420099ac6e912a33\">Early Impacts of Indonesia\u2019s Investment Reforms : A Preliminary Analysis<\/a>, (2023) <em>World Bank Policy Research Working Paper (PRWP) no. 10478 <\/em>(with Senelwa, Victor and Doarest, Aufa)<\/li>\n\n\n\n<li>2023, <a href=\"https:\/\/elibrary.worldbank.org\/doi\/epdf\/10.1596\/39463\" target=\"_blank\" rel=\"noreferrer noopener\">Building a Dataset for Non-Tariff Measures and its Usage: The Case of Indonesia and Applicability for Other Countries<\/a>,&nbsp; The World Bank (with Massimiliano Cali, Bayu Agnimaruto, Jana Mirjam Silberring, Agnesia Adhissa Hasmand, Csilla Lakatos, and Mochamad Pasha)<\/li>\n\n\n\n<li>\u200b2023,&nbsp;<a href=\"https:\/\/documents.worldbank.org\/en\/publication\/documents-reports\/documentdetail\/099337101092314052\/idu05ead83ae0582004dc40a4bd0ef7323feee94\" target=\"_blank\" rel=\"noreferrer noopener\">Trade Policies and Sea and Air freight: The Impact of COVID-19 Lockdowns on Imports and Exports<\/a>,&nbsp; <em>Policy Research Working Paper No. 10271<\/em>. World Bank, Washington, DC. (With Majune, S)<\/li>\n\n\n\n<li>\u200b2022,&nbsp;<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/full\/10.1111\/twec.13356\" target=\"_blank\" rel=\"noreferrer noopener\">Effects of Import Taxes on Intra-African Trade: New Evidence from a Case Study of Malawi&#8217;s Imports<\/a>, &nbsp;<em>The World Economy<\/em>,&nbsp;46,&nbsp;415\u2013436 (With C. Chipeta)<\/li>\n\n\n\n<li>\u200b2022,&nbsp;<a rel=\"noreferrer noopener\" href=\"http:\/\/publication.aercafricalibrary.org\/handle\/123456789\/3418\" target=\"_blank\">A Macro and Micro Analysis of Value Chain Trade in Africa<\/a>, <em>AERC Working Paper No. GVC-011<\/em> (With Nigatu, S.N and Majune. S)<\/li>\n\n\n\n<li>\u200b2022, <a href=\"https:\/\/openknowledge.worldbank.org\/handle\/10986\/37489\" target=\"_blank\" rel=\"noreferrer noopener\">Trade Policy and Exporters\u2019 Resilience: Evidence from Indonesia<\/a>,&nbsp;<em>World Bank<\/em> <em>Policy Research Working Paper <\/em>No 10068, The World Bank. (With Cali, M., Ghose, D., Ruta, M.)<\/li>\n\n\n\n<li>\u200b2022 <a rel=\"noreferrer noopener\" href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S2110701721000883\" target=\"_blank\">Invoicing Currency and Symmetric Pass-Through of Exchange Rates and Tariffs: Evidence from Malawian Imports from the EU<\/a>, <em>International Economics<\/em>, Volume 169, Pages 191-207 [<a rel=\"noreferrer noopener\" href=\"https:\/\/elibrary.worldbank.org\/doi\/epdf\/10.1596\/1813-9450-9577\" target=\"_blank\">World Bank Policy Research Working Paper<\/a>]<\/li>\n\n\n\n<li>\u200b\u200b2021,&nbsp;<a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S0313592621001247?via%3Dihub\" target=\"_blank\" rel=\"noreferrer noopener\">Exchange rate pass-through and invoicing currency choice between fixed and floating exchange rate regimes: Evidence from Malawi\u2019s transaction-level data<\/a>, <em>Economic Analysis and Policy<\/em>, vol. 72(C), pages 562-577 (With Sato, Kiyotaka., Shrestha, Nagendra., &amp; Parsons, Craig.<\/li>\n\n\n\n<li>\u200b2021, <a rel=\"noreferrer noopener\" href=\"https:\/\/link.springer.com\/article\/10.1007\/s10663-021-09523-8\" target=\"_blank\">Euro Usage in International Trade Amidst Threats to Multilateralism: Evidence from Malawian Imports<\/a>, <em>Empirica<\/em>, 49, pages 485\u2013507<\/li>\n\n\n\n<li>\u200b2021,&nbsp;<a href=\"https:\/\/documents.worldbank.org\/en\/publication\/documents-reports\/documentdetail\/994091633707638412\/non-tariff-measures-import-competition-and-exports\" target=\"_blank\" rel=\"noreferrer noopener\">Non-Tariff Measures, Import Competition, and Exports<\/a>&nbsp;<em>World Bank<\/em> <em>Policy Research Working Paper no. 9801 <\/em>Washington, D.C.: World Bank Group (With M. Cali)<\/li>\n\n\n\n<li>\u200b2019, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.rieti.go.jp\/en\/publications\/summary\/19080005.html\" target=\"_blank\">Invoice Currency Choice in Malawi&#8217;s Imports from Asia: Is there any evidence of Renminbi Internationalization<\/a>? <em>The Research Institute of Economy, Trade and Industry (RIETI) Working Paper<\/em> No. 19-E-060 (With Kiyotaka Sato)<\/li>\n\n\n\n<li>\u200b2018, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.scirp.org\/journal\/paperinformation.aspx?paperid=87036\" target=\"_blank\">The Role of Commercial Banks on Financial Inclusion in Malaw<\/a>i, <em>Open Journal of Business and Management<\/em>, 6, 813-832 (with Nkuna, O., Kaude, P. and Kabango, G)<\/li>\n\n\n\n<li>\u200b2018, <a href=\"https:\/\/mefmi.org\/wp-content\/uploads\/2020\/10\/MEFMI-Research-and-Policy-Journal-issue2-for-changes-1.pdf\">Towards a Supportive Regulatory Environment for Digital Financial Services in MEFMI Countries<\/a>, <em>MEFMI Research and Policy Journal Issue<\/em> (2), P120-149 (With C. N\u2019gandwe) [<a href=\"https:\/\/www.researchgate.net\/publication\/323725543_Reconciling_Competition_and_Regulation_in_Financial_Services_The_Case_for_Digital_Financial_Services\">Conference Paper<\/a>]<\/li>\n\n\n\n<li>\u200b2015, Financial Inclusion and the Impact of ICT: An Overview, <em>American Journal of Economics<\/em>, 5(5): 495-500<\/li>\n\n\n\n<li>\u200b2015, Financial Inclusion, ICBT and the role of ICT in COMESA, <em>Advances in Economics and Business<\/em>, 3 (12): 529 \u2013 537<\/li>\n\n\n\n<li>\u200b2015, <a href=\"https:\/\/www.researchgate.net\/publication\/287645822_The_impact_of_financial_inclusion_on_monetary_policy_effectiveness_the_case_of_Malawi\">The effects of Financial Inclusion on Monetary Policy Effectiveness: The case of Malawi<\/a>, <em>International Journal of Monetary Economics and Finance<\/em>, 8 (4): 360\u2013384<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Datasets<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>2025, <a href=\"https:\/\/datacatalog.worldbank.org\/search\/dataset\/0066672\/elasticities_of_substitution_for_28_countries_\">Elasticities of Substitution for 28 Countries<\/a>, The World Bank (with Battogtvor, E and Majune, S. K)<\/li>\n\n\n\n<li>2023, <a rel=\"noreferrer noopener\" href=\"https:\/\/datacatalog.worldbank.org\/search\/dataset\/0063543\/indonesia_nontariff_measures\" target=\"_blank\">Indonesia Non-Tariff Measures Dataset<\/a>,&nbsp;The World Bank (with Massimiliano Cali, Bayu Agnimaruto, Jana Mirjam Silberring, Csilla Lakatos, Mochamad Pasha, Agnesia Adhissa Hasmand, Nabil Rizky Ryandiansyah, Muhammad Hazmi Ash Shidqi, Aufa Doarest, Wisnu Harto Adiwojoyo)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Book Chapters\/Contributions to edited volumes\/Reports<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>2024, AfCFTA: What it means for AGOA, EBA and trading with Asia?, in &nbsp;Zeufack, A et al (Ed.) <a href=\"https:\/\/www.routledge.com\/Making-the-African-Continental-Free-Trade-Agreement-a-Success-Pathways-and-a-Call-for-Action\/Zeufack-TchanaTchana-Sanoh\/p\/book\/9781032598475\">Making the African Continental Free Trade Agreement a Success Pathways and a Call for Action<\/a>, Routledge, with (Coulibaly, S and Nigatu, N.S)<\/li>\n\n\n\n<li>2023, <a href=\"https:\/\/documents.worldbank.org\/en\/publication\/documents-reports\/documentdetail\/099062323023530087\/P179556020fd80030087730cbc843df07de\">Indonesia Economic Prospect June 2023<\/a>: The Invisible Toll of COVID-19 on Learning, with Mansour, W., Hapsari, I.M., Ihsan, A., Ilman, A., Lakatos, C., Abriningrum, D.E., Silberring, J.M., Tedi, K., Rahmadanti, R., Qian, R., Nomura, S., Delbert Lim Hata, A<\/li>\n\n\n\n<li>2022, <a href=\"https:\/\/elibrary.worldbank.org\/doi\/epdf\/10.1596\/978-1-4648-1848-6\" target=\"_blank\" rel=\"noreferrer noopener\">A New Dawn for Global Value Chain Participation in the Philippines<\/a>, Arenas, Guillermo, and Souleymane Coulibaly, eds.. Washington, DC: World Bank.<\/li>\n\n\n\n<li>2020 <a href=\"https:\/\/documents.worldbank.org\/en\/publication\/documents-reports\/documentdetail\/929691614338793107\/Institutional-Diagnostic-of-Low-and-Slow-Central-Government-Capital-Budget-Execution\">Indonesia &#8211; Revenue and Budget Management: Institutional Diagnostic of Low and Slow Central Government Capital Budget Execution<\/a> (2020) with Arya, A., Purnomo, H., Ismail, T., Permana, B., Kusdarti, N., Pearson, A., Tripathi, C., Gabriel, J., Ilman, S., Kanani, A<\/li>\n\n\n\n<li>\u200b2020, <a href=\"https:\/\/link.springer.com\/chapter\/10.1007\/978-3-030-41513-6_12\" target=\"_blank\" rel=\"noreferrer noopener\">Increasing Agricultural Income and Access to Financial Services Through Mobile Technology in Africa: Evidence from Malawi<\/a>. In The Palgrave Handbook of Agricultural and Rural Development in Africa, Palgrave Macmillan<\/li>\n\n\n\n<li>\u200b2017, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.comesa.int\/wp-content\/uploads\/2019\/01\/Key-Issues_research-papers_19_04_17.pdf\" target=\"_blank\">The Nexus between International Financial Integration and Trade in Financial Services in COMESA Region<\/a>. In COMESA Key Issues in Regional Integration, Vol. 5: 43-65 (with C. Chipeta). COMESA, Lusaka<\/li>\n\n\n\n<li>\u200b2016,<a rel=\"noreferrer noopener\" href=\"https:\/\/www.comesa.int\/wp-content\/uploads\/2019\/03\/key-issues-on-regional-intergration-vol.iv_final_email_1_11_16.pdf\" target=\"_blank\"> Financial Inclusion, ICT and Intraregional Trade in COMESA<\/a>. In COMESA Key Issues in Regional Integration, Vol. 4: 70-87. COMESA, Lusaka<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Other\/Blogs<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/openknowledge.worldbank.org\/server\/api\/core\/bitstreams\/1d262981-8d96-5695-96bc-64c9b24d609f\/content\">FDI liberalization through the Omnibus Law on Job Creation<\/a> published as Box A.2 in <em>December 2022 Indonesia Economic Prospects<\/em><\/li>\n\n\n\n<li><a href=\"https:\/\/openknowledge.worldbank.org\/bitstream\/handle\/10986\/36732\/166956.pdf\">Non-tariff Measures in Indonesia: Reforms for Competitiveness, Export Growth and Resilience<\/a>, published as Box A.5: in <em>December 2021 Indonesia Economic Prospects<\/em><\/li>\n\n\n\n<li><a href=\"https:\/\/openknowledge.worldbank.org\/bitstream\/handle\/10986\/36295\/211799suppl.pdf\">How trade restrictions affect exports<\/a> P47-50&nbsp; (With Khan, Shafaat Yar) and <a href=\"https:\/\/openknowledge.worldbank.org\/bitstream\/handle\/10986\/36295\/211799suppl.pdf\">&nbsp;Investment reform in Indonesia and the Philippines<\/a><a href=\"https:\/\/www.worldbank.org\/en\/region\/eap\/publication\/long-covid-east-asia-and-pacific-economic-update-october-2021\"> P39-142<\/a>&nbsp; published in <a href=\"https:\/\/www.worldbank.org\/en\/region\/eap\/publication\/long-covid-east-asia-and-pacific-economic-update-october-2021\"><em>October 2021 East Asia and Pacific Economic Update <\/em><\/a><\/li>\n\n\n\n<li><strong>List of World Bank Blogs &nbsp;<\/strong><a href=\"https:\/\/blogs.worldbank.org\/team\/angella-faith-montfaucon\"><strong>https:\/\/blogs.worldbank.org\/team\/angella-faith-montfaucon<\/strong><\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Publications Datasets Book Chapters\/Contributions to edited volumes\/Reports Other\/Blogs<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-22","page","type-page","status-publish","hentry","grid-sizer"],"_links":{"self":[{"href":"https:\/\/angella.montfaucon.info\/index.php?rest_route=\/wp\/v2\/pages\/22","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/angella.montfaucon.info\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/angella.montfaucon.info\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/angella.montfaucon.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/angella.montfaucon.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22"}],"version-history":[{"count":7,"href":"https:\/\/angella.montfaucon.info\/index.php?rest_route=\/wp\/v2\/pages\/22\/revisions"}],"predecessor-version":[{"id":214,"href":"https:\/\/angella.montfaucon.info\/index.php?rest_route=\/wp\/v2\/pages\/22\/revisions\/214"}],"wp:attachment":[{"href":"https:\/\/angella.montfaucon.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}