This book explores key questions concerning the reasons for China’s economic miracle and the rise of BRICs. It develops the concept of the Comprehensive Advantages of Large Countries (CAOLCs) and reveals the formation mechanism of CAOLCs. By analyzing the rapid rise of BRICs and the large...

This book offers a comprehensive and insightful reflection on David Ricardo’s ingenious theory of international trade. Divided into three parts, Part I presents the “birthday boy”, his concept and the many applications and insights that have been derived from it, particularly in modern...

This book outlines the process of China's trade reforms over the past two decades and assesses the impact of these reforms on the economy. The author provides a detailed quantitative analysis to trace China's evolving commodity pattern of trade and changing comparative advantage structure over...

Preface -- Part I Human Capital and Innovations vs. Competitive Advantages in Foreign Trade -- Chapter 1 Theoretical Grounds of the Development of Long-Term Competitive Advantages in International Trade -- Chapter 2 Human Capital and Innovation: Basic Concepts, Measures and Interdependencies --...

International tourism is expected to be a major vehicle of economic development in industrializing countries in the 21st century, especially for Asia. To generate long-term growth, countries with tourism-based economies must develop strategies for employing their comparative advantages to...

This study analyzes trade specialization patterns in the enlarged European Union with a special focus on the new EU member states and the cohesion countries. Empirical findings on revealed comparative advantage and a broader picture of competitiveness on the single market are presented from a...

National economies are linked through flows of capital and goods. This book addresses those linkages, analyzes their benefits for economic development, and evaluates a country’s opportunities to reap the best possible rewards by influencing the linkages. The book focuses on the role of product...

The end of the EURO -- The effects of alternative currencies to national economies: the European experience -- The role of FDI in increasing employment for South-Eastern Europe countries -- Trends in the Balkans and Eurasia under globalization – geostrategic analysis -- The impact of...

Focusing on global value chains and their importance to trade, this edited collection explores the strategic role of logistics and supply chain infrastructure in the development of Africa. Skilled authors present critical analysis of the current state of logistics in Africa, and suggest...

This book assesses the changes that the Comprehensive Economic Partnership Agreement (CEPA) could produce by boosting the competitiveness of firms in India and Korea. It evaluates the CEPA in terms of its effects on the environment and natural resources of the importing and exporting countries...