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Trade has played a critical role in global poverty reduction. In harnessing the potential of trade, some of the most successful countries have developed strong trade relationships with their neighbors. However, many South Asian countries have trade regimes that often offset the positive impact...
Persistent link: https://www.econbiz.de/10012644131
"Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis,...
Persistent link: https://www.econbiz.de/10012644247
Trade can dramatically improve women's lives, creating new jobs, enhancing consumer choices, and increasing women's bargaining power in society. It can also lead to job losses and a concentration of work in low-skilled employment. Given the complexity and specificity of the relationship between...
Persistent link: https://www.econbiz.de/10012644298
As part of the Enhanced Integrated Framework (EIF) program for Trade-Related Assistance to Least Developed Countries (LCDs), which Myanmar joined in April 2013, the Government of Myanmar has asked the World Bank Group (WBG) to be the implementing agency for a Diagnostic Trade Integration Study...
Persistent link: https://www.econbiz.de/10012644488
The automotive sector is one of the most important industries globally and in South Asia, contributing 19 million of direct and indirect jobs in India alone. This case study identifies both reasons for success and limits on the growth of automotive in South Asia, and recommends policies to...
Persistent link: https://www.econbiz.de/10012644811
The paper is structured in six further sections following this introduction. Section two develops a conceptual framework, and reviews the literature on the relationship between trade integration and labor market outcomes. Section three outlines the empirical framework and data used in the...
Persistent link: https://www.econbiz.de/10012645544
Global trade growth slowed in 2018 amid a weakening of economic growth in China and the Euro Area and rising trade protectionism. The volume of trade grew by 3.8 percent, down from 5.4 percent in 2017, but has shown signs of reviving in the first quarter of 2019. However, the U.S. tariff...
Persistent link: https://www.econbiz.de/10012646423
Vietnam's export-led growth strategy and global integration are among the key factors behind thecountry's remarkable achievements in growth and poverty reduction over the last two and a halfdecades. During this period, Vietnam's per capita income increased nearly fourfold and povertywas reduced...
Persistent link: https://www.econbiz.de/10012646859
What is the pathway to development in a world with less international integration? This paper answers this question within a model that emphasizes the role of demand-side constraints on national development, which is identified with sustained poverty reduction. In this framework, development is...
Persistent link: https://www.econbiz.de/10012647730
Preferential trade agreements have become deeper over time, often encompassing policy areas that go beyond traditional trade policy, such as investment, competition, and intellectual property rights protection. In the literature, a prominent argument why countries sign "deep" agreements is to...
Persistent link: https://www.econbiz.de/10011902822