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This working paper offers an evaluation of the performance of the port of Shanghai, an analysis of the impact of the port on its territory and an assessment of policies in this field. It examines port performance over the last decades and identifies the principal factors that have contributed to...
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This paper investigates the relationship between the collapse timing of exchange rate regime and degree of substitutability of foreign currency for domestic currency as a medium of exchange. According to the spirit of Chen et al. (1981), Tsaur (1987), Chang et al. (1991), we set up a...
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Exchange rate movements affect exports through depreciation (appreciation) and risk. Depreciation may raise exports but exchange rate risk could offset the positive effect. This paper investigates the net effect for eight Asian countries using a dynamic conditional correlation bivariate GARCH-M...
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China-US trade war and Russia's invasion of Ukraine, are further rattling the food market. As the world's largest consumer … of agricultural goods, China's trade strategies influence world markets, with ripple-down effects for consumers around … the world, particularly in the Global South. This policy brief aims at shedding light on China's current market actions …
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