Showing 1 - 10 of 219
is not well-founded. The paper also addresses the likely implications of the Single European Currency for Asia … base concerning the use of European currencies for invoicing, financial transactions, anchor and reserve purposes in Asia. …
Persistent link: https://www.econbiz.de/10010277712
-regions within Asia. Beyond a general trend towards manufactures, it reveals remarkable differences in specialisation profiles … manufactures, resource-intensive goods still play a larger role in intra-Asian trade than in trade outside Asia. This reflects both … differences in factor endowments inside Asia but also differences in access conditions (trade policy). Growth in intra- Asian …
Persistent link: https://www.econbiz.de/10010277716
Although an extensive amount of literature reviews emerging patterns of east-west co-operation, it is not easy to grasp the state of the art. Too many of the books, articles and papers tend to mark the trees rather than to map the forest. The paper analyses recent trends from the point of view...
Persistent link: https://www.econbiz.de/10010275501
between EU, US, and Japanese exports to Asia on the one hand and Asian and European exports to industrialized countries on the …
Persistent link: https://www.econbiz.de/10010277720
The economic effects of offshoring have been subject to extensive empirical analysis in the past, but many studies have not accurately distinguished between offshoring, domestic outsourcing, and the substitution of domestic by foreign suppliers. In this study I provide stylized facts on...
Persistent link: https://www.econbiz.de/10010287006
We use a unique cross-section survey of manufacturing firms from four European countries (France, Germany, Italy, Spain) linked with balance sheet data to study the relationship between key aspects of globalization and firm-level markups. The main results are: (i) Exporting is positively...
Persistent link: https://www.econbiz.de/10011515344
The Millennium Round of MTNs, which was stillborn in Seattle, was supposed to have initiated wide-sweeping changes to the world's trading system. This paper deals with the impact on the German economy of some changes that might have been forthcoming from proposed liberalization strategies. It...
Persistent link: https://www.econbiz.de/10010260437
Recent evidence suggests that regional economic integration provides an important stimulus not only to trade, but also to FDI. In contrast, the available theory on FDI does not yet provide empirically testable propositions on the effects of concurrent trade and investment liberalisation....
Persistent link: https://www.econbiz.de/10010265368
. Our case studies on Mercosur in Latin America, ASEAN and SAARC in Asia, and SADC in sub-Saharan Africa caution against …
Persistent link: https://www.econbiz.de/10010273166
This paper argues that the large reduction in corporate tax rates and only gradual widening of tax bases in many countries over the last decades are consistent with tougher international competition for foreign direct investment (FDI). To make this point we develop a model in which governments...
Persistent link: https://www.econbiz.de/10010278827