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In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
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By analyzing a comprehensive dataset on transport transactions in Japan, we describe a directional imbalance in freight rates by transport mode and examine its potential sources, such as economies of density and directionally imbalanced transport flow. There are certain numbers of observed links...
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. With India maintaining a high economic growth rate and its population being predicted to overtake China as the most … political and economic counterbalance to China, the Japanese government has also put effort in vitalizing the Japan …-India relationship. India following its Look East policy has been successful in improving its economic relations with Korea, China and …
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