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"While openness to trade is a well-recognized hallmark of many successful emerging market economies known as "growth miracles," another component of the growth model is a leapfrogging strategy - the use of policies to guide the industrial structural transformation ahead of a country's factor...
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While new conventional wisdom warns that developing countries should be aware of the risks of premature capital account liberalization, the costs of not removing exchange controls have received much less attention. This paper investigates the negative effects of exchange controls on trade. To...
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different cities within China, This paper investigates the contributing factors to China's rising export sophistication … the increased overlap between China's export structure and that of high-income countries. Instead, improvement in human … export structure. On the other hand, processing trade, foreign invested firms, and government-sponsored high-tech zones all …
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