Showing 1 - 10 of 532
Increasing the trade integration of developing countries can make a vital contribution to boosting shared prosperity, but it also exposes producers and consumers to exogenous shocks that alter relative prices, sometimes positively and sometimes negatively. This paper discusses the short-run...
Persistent link: https://www.econbiz.de/10012971574
This paper attempts to quantify the impact of economic policy uncertainty on overall trade and trade linked to global value chains. Using new data on policy uncertainty for 18 countries and 24 years, it finds a statistically significant negative impact of policy uncertainty on overall trade...
Persistent link: https://www.econbiz.de/10012859487
The health systems of Japan and the Asian Tigers--Hong Kong (China), the Republic of Korea, Singapore, and Taiwan …. On the delivery side, too, Japan and the Tigers offer some interesting lessons. Singapore's experience with corporatizing … with regulated prices to uninsured services with unregulated prices. Japan, in its approach to rate-setting for insured …
Persistent link: https://www.econbiz.de/10012966148
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
The authors use newly collected data on trade and production in 178 countries to infer estimates of trade costs in agriculture and manufactured goods for the 1995-2010 period. The data show that trade costs are strongly declining in per capita income. Moreover, the rate of change of trade costs...
Persistent link: https://www.econbiz.de/10012974712
This paper examines the role of the public sector in providing additional information to exporters in developing countries as they seek to monitor and keep open their access to foreign markets by using the rules of the WTO system. It highlights new information generation and dissemination...
Persistent link: https://www.econbiz.de/10012976545
The "distance effect" measuring the elasticity of trade flows to distance has been rising since the early 1970s in a host of studies based on the gravity model, leading observers to call it the "distance puzzle" . This paper reviews the evidence and explanations. Using an extensive data set of...
Persistent link: https://www.econbiz.de/10012976682
This paper studies the impact of transport infrastructure projects of the Belt and Road Initiative on shipment times and trade costs. Based on a new data on completed and planned Belt and Road transport projects, Geographic Information System analysis is used to estimate shipment times before...
Persistent link: https://www.econbiz.de/10012909447
This paper examines the patterns and economic effects of foreign direct investment across the Belt and Road Initiative countries and assesses the potential role of the initiative in shaping the patterns and effects. Exploring cross-country bilateral transportation cost and foreign investment...
Persistent link: https://www.econbiz.de/10012909679
Decades of services trade negotiations have produced a plethora of rules and commitments but limited real liberalization. One reason is a form of "negotiating tunnel vision," which has led to a focus on reciprocal market opening rather than on creating the regulatory preconditions for...
Persistent link: https://www.econbiz.de/10012911376