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This paper unpacks the role of the domestic content of imports as a novel source of policy interdependence along the global supply chain. We show how a rise in local contents embodied in imports can skew national trade policy preferences, and pull upstream and downstream countries in asymmetric...
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low bargaining power and fixed costs, small states face a severe disadvantage in negotiations with the rest of the world …
Persistent link: https://www.econbiz.de/10003962846
This paper empirically tests the hypothesis that trade can act as an engine of growth using panel data for the Southern African Development Community (SADC), a regional integration agreement (RIA) organization, the central objective of whose formation was the need to accelerate, foster, and...
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One issue the literature neglects is how outsourcing stimulates trade (imports, exports and foreign direct investment), thereby affecting political relations. However, at least as far back as 1750, economic philosophers such as Baron de Montesquieu in his L'Esprit des Lois, argued, peace is the...
Persistent link: https://www.econbiz.de/10002452365
A number of developed countries have implemented guest-worker programs in recent decades. Its basic feature is the temporary presence of the foreign guest-workers. The problem with such programs is that there is little to prevent these guest-workers from entering the illegal job market and...
Persistent link: https://www.econbiz.de/10002485615
Typically, when two people decide to become parents, they procreate by copulation and produce a child. What do people do if, for some reason, they can't produce their own children but want to be parents? Today, a prospective parent can go to the web, drop a vial of sperm from a donor with...
Persistent link: https://www.econbiz.de/10002549126