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participation in the World Trade Organization, or, more controversially, some form of bilateral punishment, may be used …
Persistent link: https://www.econbiz.de/10014401239
This paper surveys the literature on the relationship between international trade and inclusive growth. It examines claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition, especially from EMEs like China, spurring trade tensions and...
Persistent link: https://www.econbiz.de/10012518909
major G7 countries during 1995-2014, a period that saw an unprecedented rise in globalization and business innovation …
Persistent link: https://www.econbiz.de/10012001582
Over the last two decades, world trade and production have become increasingly organized around global value chains …
Persistent link: https://www.econbiz.de/10012001583
We estimate world cycles using a new quarterly dataset of output, credit and asset prices assembled using IMF archives … and covering a large set of advanced and emerging economies since 1950. World cycles, both real and financial, exist and … time. Although this is true for prices (goods and assets), this not true for quantities (output and credit). The world …
Persistent link: https://www.econbiz.de/10012103742
Persistent link: https://www.econbiz.de/10010441940
Macro statistics on foreign direct investment (FDI) are blurred by offshore centers with enormous inward and outward investment positions. This paper uses several new data sources, both macro and micro, to estimate the global FDI network while disentangling real investment and phantom investment...
Persistent link: https://www.econbiz.de/10012155009
This paper focuses on the debt build-up that frontier low-income developing countries (LIDCs) have faced since 2012. First, it documents a 20-percentage point increase in the external and government debt-to-GDP ratios, a composition shift toward higher non-concessional debt, and a rise in...
Persistent link: https://www.econbiz.de/10012009382
the relative role of 'globalization' and 'technology' shocks in accounting for the short and long run variance of global …
Persistent link: https://www.econbiz.de/10011711761
Global trade growth has slowed since 2012 relative both to its strong historical performance and to overall economic growth. This paper aims to quantify the role of weak economic growth and changes in its decomposition in accounting for the slowdown in trade using a reduced form and a structural...
Persistent link: https://www.econbiz.de/10011763603