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Persistent link: https://www.econbiz.de/10013148209
The accelerated expansion of China’s trade and current account surpluses since 2004, and the associated expansion of China’s foreign exchange reserves in the context of very rapid investment-driven domestic economic growth and adverse movements in China’s terms of trade have led China’s...
Persistent link: https://www.econbiz.de/10014197741
wage rate. This generates an endowment effect, interpreted as labour productivity rather than jobs, that rises …-generated contribution of factor inputs to production and the stylized facts about the relationship between wage and productivity growth to …
Persistent link: https://www.econbiz.de/10012983117
As Ethiopia’s new government begins work in September 2010, it is armed with a new plan: the Growth and Transformation Plan (GTP). Trade and foreign direct investment (FDI) figure in the new plan but less reliance is placed on FDI inflows than in the past and as much emphasis appears to be...
Persistent link: https://www.econbiz.de/10014190778
Canada is developing a progressive trade agenda (PTA) that is pitched as a response to the rise of anti-globalization populism. This note reviews the concept of the PTA, its motivation, the specific elements that comprise it, the likely efficacy of these measures in addressing the factors...
Persistent link: https://www.econbiz.de/10012932451
China’s WTO accession was a landmark event bringing one of the world’s major trading economies fully into the international rules-based system. The major features and implications of China’s accession agreement are reviewed and, given China’s success in trade and investment outside the...
Persistent link: https://www.econbiz.de/10014196292
Are exports systematically associated with diplomatic representation abroad? Given the expenses of maintaining posts abroad, this question is obviously of deep interest to governments seeking to promote their country's export performance while coping with budgetary pressures. In a recent...
Persistent link: https://www.econbiz.de/10014198225
The Trump Administration is proceeding with unilateral measures to address what it has characterized as “unfair” trade, risking retaliation, but banking on a threat of massive escalation to extract a favorable outcome for itself. Notwithstanding widespread speculation that the threats to...
Persistent link: https://www.econbiz.de/10014113481
Building on, and indeed ratcheting up, the rhetoric of the US election campaign, the new Trump Administration has signalled disruptive change to US trade relations. The not-yet-in-force Trans-Pacific Partnership was torn up on day one of the new presidential term, the future of NAFTA was thrown...
Persistent link: https://www.econbiz.de/10014123046
As the NAFTA Renegotiation potentially heads into the end-game, this note provides a brief back-of-the-envelope estimate of what is at stake to contribute to the understanding of the decision rule that is likely guiding Canada’s negotiators. It concludes that, on the basis of what is known...
Persistent link: https://www.econbiz.de/10014111224