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China, India, and the Future of the World Economy : Fierce Competition or Shared Growth?
Dimaranan, Betina - 2016
Although both China and India are labor-abundant and dependant on manufactures, their export mixes are very different. Only one product-refined petroleum-appears in the top 25 products for both countries, and services exports are roughly twice as important for India as for China, which is much...
Persistent link: https://www.econbiz.de/10012747660
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Unconventional Monetary Policy Normalization in High-Income Countries : Implications for Emerging Market Capital Flows and Crisis Risks
Burns, Andrew - 2017
As the recovery in high-income countries firms amid a gradual withdrawal of extraordinary monetary stimulus, developing countries can expect stronger demand for their exports as global trade regains momentum, but also rising interest rates and potentially weaker capital inflows. This paper...
Persistent link: https://www.econbiz.de/10012973348
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Trade in Developing East Asia : How it Has Changed and Why it Matters
Constantinescu, Ileana Cristina - 2018
may threaten the very model of labor intensive industrialization and a backlash against globalization that may reduce …
Persistent link: https://www.econbiz.de/10012912297
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Trade Integration in East Asia : The Role of China and Production Networks
Haddad, Mona - 2016
Production networks have been at the heart of the recent growth in trade among East Asian countries. Fragmentation trade, reflected mainly in the trade in parts and components, is expanding more rapidly than the conventional trade in final goods. This is mainly due to the relatively more...
Persistent link: https://www.econbiz.de/10012747815
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Playing to Strength : Growth Strategy for Small Agrarian Economies in Africa
Yusuf, Shahid - 2018
With urban industrialization on the scale achieved by East Asian economies looking increasingly less plausible, small economies in Africa need an alternative strategic approach to long-term growth. The purpose of this paper is to identify a growth strategy with the greatest potential for small,...
Persistent link: https://www.econbiz.de/10012912289
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Pro-Growth Equity : A Policy Framework for the Twin Goals
López-Calva, Luis Felipe - 2017
Growth is an important channel for poverty reduction. Policies to make growth more "inclusive" have permeated the development debate and "pro-poor growth" has been the subject of a wide range of papers in the literature, including issues related to measurement, modeling, and policy. However, the...
Persistent link: https://www.econbiz.de/10012967288
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The Financial Costs of the U.S.-China Trade Tensions : Evidence from East Asian Stock Markets
de Nicola, Francesca - 2019
This paper examines the impacts of U.S.-China trade tensions via the lens of East Asian stock markets. Studying 10 indices of the main East Asian stock markets, it finds that announcements of "trade war" escalation translated into 50 to 60 percent of the total declines in two major Chinese stock...
Persistent link: https://www.econbiz.de/10012858668
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Rules of Origin and the Web of East Asian Free Trade Agreements
Manchin, Miriam - 2016
The authors provide an overview of the preferential rules of origin in East Asia, highlighting the aspects that might possibly generate some trade-chilling effects. They review characteristics of existing preferential trade agreements with special emphasis on lessons from the European...
Persistent link: https://www.econbiz.de/10012747697
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Financial Globalization in Emerging Countries : Diversification vs. Offshoring
Ceballos, Francisco - 2017
Financial globalization has gathered attention since the early 1990s because of its macro-financial implications and … growing importance. But financial globalization has taken shape via different forms over time. This paper examines two … important, concurrent dimensions of financial globalization: diversification and offshoring. The diversification dimension …
Persistent link: https://www.econbiz.de/10012975170
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The Changing Patterns of Financial Integration in Latin America
Didier, Tatiana - 2017
This paper describes how Latin America and the Caribbean has been integrating financially with countries in the North and South since the 2000s. The paper shows that the region is increasingly more connected with the rest of the world, even relative to gross domestic product. The region's...
Persistent link: https://www.econbiz.de/10012966021