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Tepid trade growth since the 2008/2009 global financial crisis (GFC) has been partly attributed to sluggish demand from … developed countries. However, data reveals that developing countries play a bigger role in holding back trade growth, while … deeper the degree of devaluation and even competitive devaluations — the more likely international trade will grow slower …
Persistent link: https://www.econbiz.de/10012980850
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 … standard gravity modelling framework, total real non-oil trade of ADEs would increase at an average annual rate of 8.2 during …
Persistent link: https://www.econbiz.de/10013127047
Export diversification, or the breadth of exports of an economy, is increasingly seen as a means of accelerating economic growth, mitigating instability due to price, demand, and exchange rate fluctuations, and stabilizing earnings from exports in the long run. As economies integrate into global...
Persistent link: https://www.econbiz.de/10013297806
trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC's trade … consumer and less of an assembler. This provides ground for optimism about the prospects of trade with the PRC as a source of …
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