This paper analyses the major changes in textile products, production costs, prices, and market orientations during the era when the ‘draperies’ or cloth industries of the late-medieval Low Countries and England had become increasingly dependent upon northern markets and the German Hanseatic...

The global economic crisis that hit in 2008-2009 has had a negative impact on the performance of a large number of firms based in the Italian industrial districts. The recovery expected in 2010 is unlikely to be sufficient to quickly absorb the economic downturns of 2009. Accordingly, a tough...

Las relaciones entre Colombia y Corea del Sur han estado marcadas por la cooperación política y económica entre ambos países. En la cooperación económica, la relación ha sido tipo líder-seguidor, en la queCorea como país desarrollado ha apoyado a Colombia a través de cooperaciones...

The brutal drop in global trade during the last quarter of 2008 and the first months of 2009 has been the subject of much discussion. Some have seen this fall-off, which was considerably steeper than the accompanying decline in production, as a reversal of previous trends. The international...

The International Investment Position records the value of foreign assets and liabilities of an economy in a given date. Its evolution is determined by the financial transactions of the Balance of Payments, which affects the volume of assets and liabilities, by differences in the valuation of...

In this paper, we adapt the latest version of the Michigan Model of World Production and Trade to incorporate relationships and data for cross-border services trade and foreign direct investment (FDI) in the major developed and developing countries subsumed in the model's structure and database.

1978-2008, CEPII is thirty years old! For La Lettre du CEPII, its four-page, monthly publication, it is an opportunity to look back over the thousands of pages published since its first issue.

Both researchers and practitioners claim that foreign investors acquire U.S. firms to gain access to reputable brands. There is, however, no empirical evidence to support this argument. This study uses 269 Japanese investments made in the US to test the hypothesis that Japanese investors'...

This paper constructs a general quilibrium trade model of a small open economy producing an exported good, an imported good and a non-traded good by using two or more factors of production, one of which, namely capital, is imperfectly internationally mobile.

Networks are essential today for the competitive survival and economic growth of high-cost countries, such as Italy, in which higher added value needs to be extracted from production to offset the disadvantages the enterprises face in terms of labour costs and environmental resources (raw...