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The recent slowdown of the People's Republic of China (PRC) has led to question to what extent the PRC demand of commodities can have an impact on commodity prices. We take into account the fact that commodity prices are characterized by structural breaks, and to this end we make use of novel...
Persistent link: https://www.econbiz.de/10011579549
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
Although it is well-known that a global trade regime best ensures economic welfare, there has nevertheless been a proliferation of free trade agreements (FTAs) between individual countries. This poses the challenge known as the "noodle bowl effect" - stemming from different rules of origins and...
Persistent link: https://www.econbiz.de/10011317820
This paper analyzes the effects of the current trade conflict on developing Asia using the Asian Development Bank's Multiregional Input - Output Table (MRIOT), allowing us to calculate the impact on individual countries and on sectors within countries. The analysis estimates the direct impact on...
Persistent link: https://www.econbiz.de/10011945023
It has been argued that the adverse impact of skilled versus unskilled labor migration can be mitigated or even offset by the fact that skilled migrants remit more than unskilled ones. This paper contributes to the much debated and so far unresolved related issue of whether remittances actually...
Persistent link: https://www.econbiz.de/10003758453
C. Peter Timmer writes about the causes of high food prices, focusing on staple grains - rice in particular - and edible oils. He shows that although food prices have come down from the spikes of early 2008, they are likely to remain higher than they were in early 2007 for years to come. The...
Persistent link: https://www.econbiz.de/10003767984
This paper examines the impact of food safety standards on processed food exports in developing countries. An intercountry cross-sectional econometric analysis of processed food exports in developing countries was undertaken. The Sanitary and Phytosanitary Standard (SPS) is incorporated into the...
Persistent link: https://www.econbiz.de/10003832217
This paper compares achievements and inequities in standards of living across countries. Achievement is measured by an index, which is constructed to reflect greater achievement for an increase in the standard of living of a country that is already at a high level compared to that of another...
Persistent link: https://www.econbiz.de/10003832267
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
The pullbacks of capital inflows to developing Asia following the onset of the global financial crisis in 2008 have brought renewed attention to the role and benefits of financial globalization. A number of notable distinctions between the current global crisis and the Asian financial crisis...
Persistent link: https://www.econbiz.de/10003913748