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Persistent link: https://www.econbiz.de/10012175240
Decades of services trade negotiations have produced a plethora of rules and commitments but limited real liberalization. One reason is a form of "negotiating tunnel vision," which has led to a focus on reciprocal market opening rather than on creating the regulatory preconditions for...
Persistent link: https://www.econbiz.de/10011929406
contributions to global trade growth have come from East Asian countries in the developing world and the Euro area in the developed … world. Merchandise trade, which in recent years has been less resilient than services trade, picked up, growing by 4 … aggregate demand, and capital goods production has longer global value chains (GVCs). Preliminary monthly data indicate that the …
Persistent link: https://www.econbiz.de/10012645268
Global trade growth slowed in 2018 amid a weakening of economic growth in China and the Euro Area and rising trade …. Trade policy developments are mixed. Restrictive trade measures imposed during 2018 affected 3.8 percent of world … merchandise trade, nearly three times the share affected in any of the years since the global financial crisis of 2009. Tit …
Persistent link: https://www.econbiz.de/10012646423
Decades of services trade negotiations have produced a plethora of rules and commitments but limited real liberalization. One reason is a form of "negotiating tunnel vision," which has led to a focus on reciprocal market opening rather than on creating the regulatory preconditions for...
Persistent link: https://www.econbiz.de/10012911376
The free flow of data across borders underpins today's globalized economy. But the flow of personal data outside the jurisdiction of national regulators also raises concerns about the protection of privacy. Addressing these legitimate concerns without undermining international integration is a...
Persistent link: https://www.econbiz.de/10012919808
remote work contracted less throughout the pandemic. Importantly, participation in global value chains increased traders …
Persistent link: https://www.econbiz.de/10012434704
To understand the longer term consequences of natural disasters for global value chains, this paper examines trade in …
Persistent link: https://www.econbiz.de/10012603459
Persistent link: https://www.econbiz.de/10012818965
Services play a role in global value chains in many ways, similar to goods. But services deserve special attention … facilitates the emergence of global value chains, enhances downstream manufacturing firms' productivity, and shifts the pattern of …
Persistent link: https://www.econbiz.de/10012245957