Showing 1 - 10 of 43
brought renewed attention to the role and benefits of financial globalization. A number of notable distinctions between the …
Persistent link: https://www.econbiz.de/10003913748
We investigate the claim that national labor markets have become more globally interconnected in recent decades. We do so by deriving estimates over time of three different notions of interconnection: (i) the share of labor demand that is export induced (i.e., all labor demand created by foreign...
Persistent link: https://www.econbiz.de/10011903171
In a highly integrated global economy, linkages of domestic sectors to global trade measure an economy's ability to gain from participating in global value chains. On the other hand, the strength of domestic linkages can provide insights on an economy's cross-industry trade and extent of the...
Persistent link: https://www.econbiz.de/10012818798
Climate policy pledges and negotiations involve commitments about the reduction of emissions within national borders. However, the rise of global value chains has changed the nature of production and international trade, blurring the attribution of ultimate responsibility for emissions. This...
Persistent link: https://www.econbiz.de/10011346273
This paper provides trade flow projections for major Asian developing economies (ADEs) up to 2030 against the backdrop of an in-depth analysis of policy shifts and trade patterns over the past 4 decades. Merchandise trade of ADEs has grown at a much faster rate in the global context, with a...
Persistent link: https://www.econbiz.de/10008991356
Trade encourages economic expansion and improves welfare based on international division of labor. However, trade also has an environmental footprint, particularly in the form of carbon dioxide (CO2) and other emissions. This paper examines the impact of environmental regulation in exporter and...
Persistent link: https://www.econbiz.de/10014390373
World trade volume is in retreat for the first time in more than two decades and the contraction is on a scale not seen … trade with the rest of the world. Moreover, US imports that avail of preferential tariff treatment are also contracting more … to strangle world trade. The failure of bilateral free trade agreements to act as a shock absorber suggests that a new …
Persistent link: https://www.econbiz.de/10003913740
from the North Atlantic, raising the importance of Asia in world trade, and boosting SouthSouth trade. How will trade … of the world? In particular, what can be expected of developing Asias intraregional trade and its trade with other … developing country regions? This paper addresses these questions by projecting a core baseline for the world economy from 2004 to …
Persistent link: https://www.econbiz.de/10009301863
The purpose of this study is twofold. The first is to develop a new composite index of globalization based on data on … effects of globalization on economic growth and income inequality. The index comprises 25 indicators that represent the key … integration in the construction of the globalization index. The results show that although globalization promotes economic growth …
Persistent link: https://www.econbiz.de/10012030661
The recession in the United States in the wake of the global financial crisis has had a pronounced negative impact on developing Asia's exports and growth. As a result, developing Asian countries are increasingly looking to the People's Republic of China (PRC) as a new source of demand and...
Persistent link: https://www.econbiz.de/10003899253