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This publication identifies the requirements for successful reallocation of labor and capital to more efficient uses in response to the emergence of new sources of competition, technological change and shifting consumer preferences. At the same time, it focuses on limiting adjustment costs for...
Persistent link: https://www.econbiz.de/10003137023
Trade and Structural Adjustment: Embracing Globalisation identifies the requirements for successful reallocation of labour and capital to more efficient uses in response to the emergence of new sources of competition, technological change and shifting consumer preferences. At the same time, it...
Persistent link: https://www.econbiz.de/10012447547
Persistent link: https://www.econbiz.de/10003478291
Persistent link: https://www.econbiz.de/10012443289
In today’s globalising world, the regional specialisations built up over decades are transforming rapidly. Many regions that were historically production centres in a given sector are losing out to lower-cost locations and reorienting to higher value-added niches. National programmes to...
Persistent link: https://www.econbiz.de/10012448613