Showing 1 - 10 of 508
This paper discusses the results of a survey of multinational corporations with affiliates in developing countries. The paper explores corporate perspectives and decision making across the stages of the investment cycle: attraction, entry and establishment, operations and expansion, linkages...
Persistent link: https://www.econbiz.de/10012923417
The many and varied crises in the world economy since 2007 seem to have different origins and diverse manifestations. This paper contends that there is however a structural shift beneath the global economy that is now reaching a critical mass, and that accounts for many of these crises, despite...
Persistent link: https://www.econbiz.de/10012969887
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/10012912338
Deepening real and financial integration of developing countries into the world economy has prompted renewed interest in the contribution of external shocks to their macroeconomic fluctuations. This paper revisits the issue using four decades of annual data for a large sample of developing...
Persistent link: https://www.econbiz.de/10012968744
Can increasing sophistication in service exports lead to economic growth? Although services were historically produced primarily for domestic consumption, they are gradually becoming more productive, tradable and unbundled. The authors construct an index of "service exports sophistication" to...
Persistent link: https://www.econbiz.de/10012976086
Financial globalization, defined as global linkages through cross-border financial flows, has become increasingly … way it is often measured, it has also led to the misperception that financial globalization in emerging markets has been … growing in recent years. The authors characterize the evolution of financial globalization in emerging markets using …
Persistent link: https://www.econbiz.de/10013068213
One reason that poor people may not capture the full benefit from participation in international markets is that the goods they produce tend to be subject to relatively high trade barriers. This paper analyzes market access barriers faced by households in different income deciles by matching...
Persistent link: https://www.econbiz.de/10012909665
Global value chains have altered the nature of global trade and offer significant opportunities for developing countries to expand exports, access technology, and raise productivity. Policy makers rightly seek to understand what it takes to participate in global value chains. In practice, this...
Persistent link: https://www.econbiz.de/10012968200
Stories on the positive and negative effects of globalization on workers in developing countries abound. But a … describes the pattern of job destruction and job creation associated with globalization. Because these two processes are not … that can be used to offset the adverse effects of globalization on employment and labor earnings. Finally, it discusses how …
Persistent link: https://www.econbiz.de/10012971041
The paper aims to highlight some of the most important implementation issues associated with the greening of global value chains with special attention given to how public policies and business strategies can support each other in meeting the challenge, particularly in developing countries. This...
Persistent link: https://www.econbiz.de/10012973982