Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10011334122
Persistent link: https://www.econbiz.de/10010259792
East Asia, for long the epitome of successful engagement in trade, faces serious challenges: technological change that may threaten the very model of labor intensive industrialization and a backlash against globalization that may reduce access to important markets. A detailed analysis of the...
Persistent link: https://www.econbiz.de/10011903074
Since the Global Financial Crisis, world trade growth has been subdued and lagging slightly behind growth of gross domestic product. Trade is growing more slowly not only because growth of global gross domestic product is lower, but also because trade itself has become less responsive to gross...
Persistent link: https://www.econbiz.de/10012246196
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical
Persistent link: https://www.econbiz.de/10012246538