Narrow search
Showing 1 - 10 of 582
Cover Image
The Brexit Conundrum Worsens the UK's Relationship with the European Union
Ryan, John T - 2019
This paper examines the shortcomings in the UK government's Brexit negotiation strategy which reflected Prime Minister Theresa May's weak political leadership. The Prime Minister focused on securing the short-term political survival of her government amidst turbulent and fractious domestic...
Persistent link: https://www.econbiz.de/10012861473
Cover Image
Are Trade Preferences a Panacea? The African Growth and Opportunity Act and African Exports
Fernandes, Ana M. - 2019
countries. The illusion of sustained African apparel exports is created by late-bloomers in East Africa offsetting boom …-bust patterns in Southern Africa and insignificant responses in Central and West Africa. Firm-level customs data reveal that even in … East Africa the recent export growth was driven by new entrants rather than incumbent firms whose competitiveness might …
Persistent link: https://www.econbiz.de/10012866374
Cover Image
The Out of Africa Hypothesis of Comparative Economic Development : Common Misconceptions
Ashraf, Quamrul H. - 2019
The importance of the prehistoric migration of anatomically modern humans from Africa for comparative economic …
Persistent link: https://www.econbiz.de/10012892135
Cover Image
Arming in the Global Economy : The Importance of Trade with Enemies and Friends
Garfinkel, Michelle R. - 2019
We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms-of-trade channel that makes security policies trade-regime dependent. Specifically, trade between two adversaries reduces each one’s incentive to arm given the opponent’s...
Persistent link: https://www.econbiz.de/10012892081
Cover Image
Confucius Institute, Belt and Road Initiative, and Internationalization
Wang, Hao - 2020
In this paper, we study the role of Confucius Institute in supporting internationalization of Chinese enterprises. Employing a panel dataset containing 66 Belt-Road countries and 75 non Belt-Road countries from 2006 to 2017, we find that the Confucius Institute has had a positive effect on...
Persistent link: https://www.econbiz.de/10012826003
Cover Image
The Farsighted Stability of Global Tade Policy Arrangements
Berens, Stefan; Chochua, Lasha; Willmann, Gerald - 2021
We study the stability of trade policy arrangements under two regulatory scenarios, with/without PTAs. Unlike previous papers, we consider an extensive set of trade policy constellations and allow for unlimited farsightedness of negotiating parties. We find global free trade (GFT) to be uniquely...
Persistent link: https://www.econbiz.de/10013217552
Cover Image
Trading with the Informed and Against the Uninformed : Flows and Positioning in the Global Currency Market
Barrios, Aldo; Franolic, Robert; Giovanardi, Davide; … - 2022
FX trade settlement data from CLS provides the most comprehensive view of the opaque market of OTC currency trades. We use the flows of investment funds and non-financial corporates and develop trading signals where the former reflects speculative strategies, while the latter trade for liquidity...
Persistent link: https://www.econbiz.de/10014077184
Cover Image
Globalization in the Time of COVID-19
Sforza, Alessandro - 2020
of the disruption in production that started in China and then quickly spread across the world. We find that the COVID-19 … shock has a considerable impact on most economies in the world, especially when a share of the labor force is quarantined …
Persistent link: https://www.econbiz.de/10012837986
Cover Image
The Falling Elasticity of Global Trade to Economic Activity : Testing the Demand Channel
Auboin, Marc - 2018
Since the recovery from the great financial crisis in 2010, global real trade flows grew much slower than pre-crisis, in both absolute terms (growth rates) and relative terms (relative to GDP, from 2:1 in the great 1990’s to 1:1 since 2012) A debate has arisen as to whether this global trade...
Persistent link: https://www.econbiz.de/10012908674
Cover Image
The Trade Impact of the COVID-19 Pandemic
Liu, Xuepeng; Ornelas, Emanuel; Shi, Huimin - 2021
Using a gravity-like approach, we study how Covid-19 deaths and lockdown policies affected countries’ imports from China during 2020. We find that a country’s own Covid-19 deaths and lockdowns significantly reduced its imports from China, suggesting that the negative demand effects prevailed...
Persistent link: https://www.econbiz.de/10013224091