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commodities (agricultural or mineral products) while rich countries exported manufactured products. In Trade and Poverty, leading … trade, commodity specialization, and poverty. The world rapidly became global between the early nineteenth century and World … War I, and the global trade boom occurred simultaneously with rising economic divergence between industrial and …
Persistent link: https://www.econbiz.de/10010905538
About 2.5 billion adults, just over half the world’s adult population, lack bank accounts. If we are to realize the goal of extending banking and other financial services to this vast “unbanked” population, we need to consider not only such product innovations as microfinance and mobile...
Persistent link: https://www.econbiz.de/10010640592
commodities (agricultural or mineral products) while rich countries exported manufactured products. In Trade and Poverty, leading … trade, commodity specialization, and poverty. The world rapidly became global between the early nineteenth century and World … War I, and the global trade boom occurred simultaneously with rising economic divergence between industrial and …
Persistent link: https://www.econbiz.de/10010640620
; global trade; transnational corporations; and multilateral and private finance. …
Persistent link: https://www.econbiz.de/10008919680
, primarily because of the lack of explanatory models. In Geography and Trade he provides a stimulating synthesis of ideas in the …
Persistent link: https://www.econbiz.de/10005233396
What happened yesterday in the West is today being repeated on a global scale. Industrial society is replacing rural society: millions of peasants in China, India, and elsewhere are leaving the countryside and going to the city. New powers are emerging and rivalries are exacerbated as...
Persistent link: https://www.econbiz.de/10010535223
In the early 1990s, trade and labor economists, noting the fall in wages for low-skilled workers relative to high …-skilled workers, began to debate the impact of trade on wages. This debate—which led to a sometimes heated exchange on the role of … trade versus the role of technological change in explaining wage movements—continues today, with the focus now shifting to …
Persistent link: https://www.econbiz.de/10008632718
Minister for the Economy and Minister of Finance and formerly Managing Director of the World Bank, was a crucial player in her … country’s economic reforms. In Nigeria’s Debt Management Office and later as minister of finance, she spearheaded negotiations …
Persistent link: https://www.econbiz.de/10010640604
The standard version of the Heckscher-Ohlin model of international trade treats the factors of production--land, labor … vary endogenously. Findlay extends the factor proportions theory of international trade to consider capital accumulation … issues as the conditions under which international trade equalizes the rate of interest; the effects of learning and …
Persistent link: https://www.econbiz.de/10004973151
As trade liberalization and the fragmentation of production processes promote greater international exchange of inputs …, economists must adjust their thinking on trade issues. Transport costs have plummeted, and the difficulties of communicating … trade theory can be modified to take into account the increased international mobility of inputs and productive factors. He …
Persistent link: https://www.econbiz.de/10004973243