Showing 1 - 10 of 2,548
A new interest in the role of services in world transactions has been generated by the current efforts of the U. S … entail might provide a modest counterweight on the side of liberalization in a world in which restrictions are growing …
Persistent link: https://www.econbiz.de/10012477978
The rise of artificial intelligence (AI) and of cross-border restrictions on data flows has created a host of new questions and related policy dilemmas. This paper addresses two questions: How is digital service trade shaped by (1) AI algorithms and (2) by the interplay between AI algorithms and...
Persistent link: https://www.econbiz.de/10014437056
The legitimacy of the world trading system is under growing attack, as challenges to its conformity with norms of … fairness and social justice are increasingly voiced by citizens and their governments around the world. Taking a novel "bottom …-related fairness concerns of their citizens. More generally, our findings point to a detailed understanding of real-world perceptions …
Persistent link: https://www.econbiz.de/10015056179
We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...
Persistent link: https://www.econbiz.de/10013361989
significant increase in services imports (2002-2012). We use world service export supply shocks, which we allocate to firms based …
Persistent link: https://www.econbiz.de/10012480299
To illustrate how small the effects are, suppose that over the next nine years all of inshoring and offshore outsourcing grew at rates experienced during 1996-2005 in business, professional and technical services i.e., in segments where China and India have been particularly strong. Then workers...
Persistent link: https://www.econbiz.de/10012464585
telecoms liberalization for the US, Europe, Canada, and the Rest of the World using the framework developed in the paper shows …
Persistent link: https://www.econbiz.de/10012472101
much lower than agriculture and industry. Despite the progress in world commodity market integration in past half century …, the world service market remains highly segmented, which can be seen clearly from the World Bank's STRD index and CHB …
Persistent link: https://www.econbiz.de/10012456314
We study how the rise of trade in services with China and India has impacted U.S. labour markets. The topic has two understudied aspects: it deals with service trade (most studies deal with manufacturing trade) and it examines the historical first of U.S. workers competing with educated but...
Persistent link: https://www.econbiz.de/10012461099
Globalisation affects the functioning of the macroeconomy. The macroeconomy's functioning, in turn, conditions the conduct and impact of monetary policy. This is why globalisation matters for central banks. It is also why central bankers should pay attention to the evolution of globalisation....
Persistent link: https://www.econbiz.de/10013361972