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This report analyzes the specific factors that affect the competitiveness of developing countries in global value chains (GVCs), and how these factors differ across four major economic sectors: agriculture, extractive industries, manufacturing and offshore services. Although integration into...
Persistent link: https://www.econbiz.de/10010234218
The analysis of business cycle synchronization levels has become a key point in the discussion of the processes of international economic integration. Economists show a particular interest in analyzing the frequency of processes of business cycle convergence and divergence (decoupling) in the...
Persistent link: https://www.econbiz.de/10010228503
Persistent link: https://www.econbiz.de/10003778123
The EU Single Market remains fragmented by complex and heterogeneous rules at the EU and national levels affecting trade, capital, including foreign direct investment, and labour mobility. Further development of the Single Market and removing barriers to external trade would bring substantial...
Persistent link: https://www.econbiz.de/10010464954
The Austrian economy has benefited substantially from the expansion of economic ties with Central and Eastern Europe, which has provided a significant boost to growth, productivity, competitiveness, profits and (more controversially) aggregate employment. Indeed, among the older EU member...
Persistent link: https://www.econbiz.de/10012443098
This paper assesses the importance of border and non-border policies for global economic integration. The focus is on four widely-advocated policies: removing explicit restrictions to trade and FDI; promoting domestic competition; improving the adaptability of labour markets; and ensuring...
Persistent link: https://www.econbiz.de/10012446035
Fifteen years ago it counted as received wisdom that accession to the European Union implies arrival to a safe haven concluding the ups and downs of post-communist transformation. Quantitative assessment (Papi et al. in JAMA 60(2): 271-290, 2018) indicates a considerable degree of convergence,...
Persistent link: https://www.econbiz.de/10012494146
This report, part of the “Cities” collection, highlights the contribution of border towns to the process of regional integration in West Africa. For 18 countries, six indicators are used to identify the specificities of border towns at the local, national and international levels:...
Persistent link: https://www.econbiz.de/10012107125
Europe’s economy is finally growing robustly. These positive developments provide an opportunity to renew efforts to meet the long-term challenges facing the European Union (EU). The EU’s record on reducing regional income disparities is mixed and this explains some of citizens’ discontent...
Persistent link: https://www.econbiz.de/10011914284
This study examines the trade flows in commodities for CARICOM countries through the utilization of the traditional gravity model for international trade. Per capita GDP differential, trade to GDP and language all impact trade positively. On the other hand, geographical distance, exchange rate...
Persistent link: https://www.econbiz.de/10010938504