Showing 1 - 10 of 447
Building upon earlier work by Willenbockel (2013; MPRA Paper No.51501), this study provides an extended ex-ante computable general equilibrium (CGE) assessment of the Tripartite Free Trade Agreement between the member states of the Common Market for Eastern and Southern Africa, the East African...
Persistent link: https://www.econbiz.de/10012894604
globalization restrict states' capacity to manipulate trade policies, politicization of trade is likely to occur where governments … intervene in markets. We examine state ownership of firms as one tool of government control. Taking China and India as examples …
Persistent link: https://www.econbiz.de/10012978766
The authors turn to the large family of institutions that came into existence in post-Soviet Eurasia (and, in some ways, beyond it) over the last two decades. The researchers review their current state, agenda, real and perceived mandate, and their respective achievements and constraints. The...
Persistent link: https://www.econbiz.de/10014118027
India and China are without doubt two superpowers in becoming, as they jointly own 40% of the world’s population and … economic development of states in the globalization era relies decisively on the evolution of political interests games at … present in the following some recent economic earmarks of India’s, respectively China’s development, as well as, in conclusion …
Persistent link: https://www.econbiz.de/10011259988
In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
Persistent link: https://www.econbiz.de/10008596380
This essay has explored the validity of Marxist dependency theories in the context of the emerging China-Africa trade … patterns, this discussion has shown that the China-Africa economic links represent a distinct south-south dialectic occurring … the idea that China’s involvement in Africa is of a conventional center-periphery type; which suggests the existence of …
Persistent link: https://www.econbiz.de/10005621967
subcontractors. These new tendencies that include productive globalization, China and the new production chains require the … is the leader in productive globalization (electronic commerce, subcontracting, and commercialization), (ii) the … production of vehicles in China and in East Asia is adding dynamism to the market and provoking strategy changes, and (iii) the …
Persistent link: https://www.econbiz.de/10005623484
This paper responds to the development policy debate involving the World Bank and the IMF on the use of fiscal policy not only for economic stabilization but also to promote economic growth and increase per capita income. A key issue in this debate relates to the effect of the composition of...
Persistent link: https://www.econbiz.de/10009418512
This article analyzes the impact of incomplete contracts’ length on investment in a bilateral relationship. The seller has the power to set the contract terms whereas the buyer decides on the investment level, which acts as a cap on future demand. Two-part tariffs succeed at implementing the...
Persistent link: https://www.econbiz.de/10008636476
We study congestion pricing by a government that has redistributive concerns, in the presence of optimal income taxation. Individuals differ in (unobservable) earning ability and consumption technology for commodities using a congestible network (e.g. roads, Internet). We find, assuming...
Persistent link: https://www.econbiz.de/10008839208