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As an export-oriented economy, Thailand is often faced with the question whether international trade yields real and sustainable benefits to its citizens, over and beyond what is reflected in its GDP figures. This paper attempts to answer that question, using the trade in value added (TiVA)...
Persistent link: https://www.econbiz.de/10012893153
Globalisation has contributed positively to the global economy in terms of economic growth and welfare. However, especially amid rising global interdependence, closer synchronisation of business and financial cycles and stronger linkages across monetary, macroprudential and fiscal policies, as...
Persistent link: https://www.econbiz.de/10012893154
Globalisation has created new opportunities for both advanced and emerging economies. In the case of Indonesia, the country's integration with world markets has correlated positively and strongly with economic growth. Foreign direct investment has supported a shift to higher value added...
Persistent link: https://www.econbiz.de/10012893179
In economies and sectors tightly connected by trade linkages, the increased use of intermediate imported inputs could be expected to lead to greater transmission of cross-border cost shocks. This paper presents some results from on-going research investigating cross-border price spillovers to...
Persistent link: https://www.econbiz.de/10013049952
This study examines the contingency and threshold effects of economic freedom in the economic globalisation (EG) and inclusive green growth (IGG) relationship in Africa. Based on macro data for 22 African countries and the Driscoll-Kraay standard errors with fixed effects instrumental variable...
Persistent link: https://www.econbiz.de/10014356360