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This paper assesses the covariation between GVCs and MNCs with US dollar share in trade invoicing for Asia and Pacific economies. Using the Boz et al. (2020) dataset, the empirical analysis exploits cross-sectional heterogeneities that could explain the region’s high share of exports and...
Persistent link: https://www.econbiz.de/10014076601
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This paper assesses the covariation between global value chains (GVCs) and multinational corporates (MNCs) with US dollar share in trade invoicing for Asia and Pacific economies.Using the Boz et al. (2020) dataset, the empirical analysis exploits cross-sectional heterogeneities that could...
Persistent link: https://www.econbiz.de/10014256794
Persistent link: https://www.econbiz.de/10000416282
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Thomas M. Larkin examines the Hong Kong-based Augustine Heard & Company, the most prominent American trading firm in treaty-port China, to explore the ways American elites at once made and were made by British colonial society
Persistent link: https://www.econbiz.de/10014428680
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"The US government has long sought investment opportunities for US companies in developing countries. But the results have been mixed: firms have preferred to invest in the industrial world and developing-world leaders have not always welcomed foreign investment. Violence and the presence of...
Persistent link: https://www.econbiz.de/10012628722
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The paper assesses the international status of the Chinese currency renminbi (RMB) by recounting and reviewing the recent polices China instituted to promote the use of the RMB in the global market. The evidence suggests that the RMB is gaining acceptance overseas. However, compared with the...
Persistent link: https://www.econbiz.de/10010288170