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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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Special economic zones can be an effective instrument to promote industrialization if implemented properly in the right context. In China, starting in the 1980s, special economic zones were used as a testing ground for the country's transition from a planned to a market economy, and they are a...
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Exchange rate movements affect exports through depreciation (appreciation) and risk. Depreciation may raise exports but … rate risk. Depreciation and export revenue are positively related, as expected, for eight countries, but its contribution … depreciation, to reduce exchange rate fluctuation should be the goal of foreign exchange market intervention. …
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