Showing 1 - 10 of 29
This paper updates and extends the work of Barro (2000). International data confirm the presence of the Kuznets curve-an inverse-U shape relationship between income inequality and per capita GDP-that is relatively stable from the 1960s into the 2000s. The direct effect of international openness...
Persistent link: https://www.econbiz.de/10011282136
Focusing on technology spillover from foreign direct investment (FDI) inflows, this paper investigates the welfare implications of financial integration. Calibrations of a neoclassical growth model with international technology diffusion show that when technology catch-up due to FDI inflows is...
Persistent link: https://www.econbiz.de/10010529709
At the Ninth Ministerial Conference of the World Trade Organization (WTO) held in Bali on 3–6 December 2013, the …
Persistent link: https://www.econbiz.de/10011281408
-Pacific Partnership (TPP) suggests that the world trade system is fragmenting to the point it appears more like a jigsaw puzzle than a … spaghetti bowl. There are both regional and global jigsaw puzzles to be solved - in that order - to clean up the world trade … known, while piecing together the blocs around the world to form a coherent whole is even more challenging. In this context …
Persistent link: https://www.econbiz.de/10011281410
After considering the background to the G20 summit meetings after the recent global economic and financial crisis, this paper aims to identify the trade agenda that represents Asia's concerns for the global and regional trading system. Asia, in particular East Asia, has played an important role...
Persistent link: https://www.econbiz.de/10011281462
Rising economic integration in Asia and periodic volatility in global and national financial markets raise the issue of the optimal degree and form of monetary cooperation among Asian economies. There is a large literature on the benefits and costs of monetary cooperation, however, less can be...
Persistent link: https://www.econbiz.de/10011281476
system. The current system is no longer adequate to meet the needs of a complex, integrated world economy. Various proposals …
Persistent link: https://www.econbiz.de/10011282914
This paper examines the extent to which economic crises facilitate the development of more effective regional institutions and whether such institutions can shield regions from crises. It compares six regional economic crises over the last four decades and the institution building - or decay -...
Persistent link: https://www.econbiz.de/10011283417
Understanding the determinants of capital inflows is essential to designing an effective policy framework to manage volatile capital flows and their disruptive potential. This paper aims to identify factors that explain the size and volatility of various types of capital flows to developing Asia...
Persistent link: https://www.econbiz.de/10011283420
have not been thoroughly conducted. This paper presents a detailed textual analysis of World Trade Organization (WTO …
Persistent link: https://www.econbiz.de/10011283425