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theoretical literature the relationship between direct investment and trade is not certain apriori: some works emphasize their … transfer production phases to low-wage countries, to circumvent trade barriers, to acquire natural or technological resources …
Persistent link: https://www.econbiz.de/10005111540
Persistent link: https://www.econbiz.de/10012924031
A high share of foreign currency denomination of domestic public debt in rules out any recourse to inflation tax as an effective adjustment device. Anti- inflation policies based upon hard peg regimes may remove the exchange rate risk in the short run but - as pointed out by Argentina’s...
Persistent link: https://www.econbiz.de/10005087106
This paper deals with the evolution of automobile sector during the 1990s in Central and Eastern Europe (CEE) Countries from a double point of view. At first, we wonder about the applicability to the sector of Flying Geese (FG) model, theorised by Kaname Akmatsu in the 1930s to explain...
Persistent link: https://www.econbiz.de/10009421761
and reduce the gains from trade, and on the consequent second best policy problems. The elimination of environmental … in clean technologies, is introduced. The latter appears to be essential in order to loose the trade off between growth … and environmental protection. The paper stresses the need for the international co-ordination of both trade and …
Persistent link: https://www.econbiz.de/10009649900
emerging countries succeeds in fully exploiting the competitive advantages of their low labour costs. Their trade penetration … Trade Union movements and favours income redistribution from wages to profits. The governments of some advanced countries … maintain a big trade deficit to expand the supply of international currency. Therefore they adopt expansionary fiscal and …
Persistent link: https://www.econbiz.de/10008632926
Italian trade and direct investment in the region. The main stylized facts are the following: (1) among the countries of the …
Persistent link: https://www.econbiz.de/10014138116
Persistent link: https://www.econbiz.de/10014143048
English Abstract: According to international trade statistics, the pharmaceutical sector, in which Italy has a … Italy, is defined as “processing” and is included in goods exports sourced from international trade statistics but not in …
Persistent link: https://www.econbiz.de/10014095015
Italy�s sluggish export performance with respect to world trade in the second half of the 1990s. In particular, the … analysis focuses on the role of product specialisation in relation to world trade growth and competition from emerging …
Persistent link: https://www.econbiz.de/10005770761