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The Value of Making Commitments Externally : Evidence from WTO Accessions

Tang, Man-Keung - 2010

This paper studies the value of external commitment to policy reforms in the case of WTO/GATT accessions. The accessions often entail reforms that go beyond narrowly defined trade liberalization, and have to overcome fierce resistance in the acceding countries, as reflected in protracted...

Persistent link: https://www.econbiz.de/10012758061

Open Door Policy and China'S Rapid Growth : Evidence from City-Level Data

Wei, Shang-Jin - 2021

There is clear evidence that during 1980-90 more exports are positively associated with higher growth rates across Chinese cities. In comparison, in the late 1980s, the contribution to growth comes mainly from foreign investment. The contribution of foreign investment comes in the form of...

Persistent link: https://www.econbiz.de/10013249562

Financial Globalization, Growth and Volatility in Developing Countries

Prasad, Eswar S. - 2012

This paper provides a comprehensive assessment of empirical evidence about the impact of financial globalization on …, we do find that financial globalization can be beneficial under the right circumstances. Empirically, good institutions … and quality of governance are crucial in helping developing countries derive the benefits of globalization. Similarly …

Persistent link: https://www.econbiz.de/10013106022

From “Made in China” to “Innovated in China” : Necessity, Prospect, and Challenges

Wei, Shang-Jin - 2016

After more than three decades of high growth that was based on an exploration of its low-wage advantage and a relatively favorable demographic pattern in combination with market-oriented reforms and openness to the world economy, China is at a crossroad with a much higher wage and a shrinking...

Persistent link: https://www.econbiz.de/10012978531