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integration of China has deepened production fragmentation in East Asia, countering fears of crowding out other countries for … international specialization. International production fragmentation in East Asia has intensified intraregional trade but has … significantly to growth in East Asia, they also breed vulnerabilities. They have not automatically led to technology spillovers and …
Persistent link: https://www.econbiz.de/10012747815
of the world order, the city network. …
Persistent link: https://www.econbiz.de/10012594632
This paper places current efforts at international economic policy coordination in historical perspective. It argues that successful cooperation is most likely in four sets of circumstances. First, when it centers on technical issues. Second, when cooperation is institutionalized - when...
Persistent link: https://www.econbiz.de/10013091942
Persistent link: https://www.econbiz.de/10013190162
-Saharan Africa (ECOWAS and SADC), Asia (AFTA and SAPTA) and Latin America (CACM, CAN, and MERCOSUR), estimating their impacts on … successful among them, with an estimated positive impact on its members' imports from the rest of the world (hence no trade … diversion), but its impact on their exports to the rest of the world is rather limited. During its first 10 years of existence …
Persistent link: https://www.econbiz.de/10012747754
The rise of Asia is something of a myth. During 1990-2005 China accounted for 28 percent of global growth, measured at … Purchasing Power Parity (PPP). India accounted for 9 percent. The rest of developing Asia, with nearly a billion people …
Persistent link: https://www.econbiz.de/10012747802
government spending can bolster support for globalization by reducing the risk associated with it in the minds of voters …
Persistent link: https://www.econbiz.de/10012760172
We examine the role of non-economic partnerships in promoting international economic exchange. Since far-sighted countries are more willing to join costly international partnerships such as environmental treaties, environmental engagement tends to encourage international lending. Countries with...
Persistent link: https://www.econbiz.de/10013238743
Persistent link: https://www.econbiz.de/10012623741
Currency crises tend to be regional; they affect countries in geographic proximity. This suggests that patterns of international trade are important in understanding how currency crises spread, above and beyond any macroeconomic phenomena. We provide empirical support for this hypothesis. Using...
Persistent link: https://www.econbiz.de/10013248404