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Cluster policy has become a method of choice for policymakers in many countries. Promoting strong localized industries is an appealing perspective for practitioners, as it can be seen as a way to anchor economic activity in regions in an era of globalization. If cluster policy is successful, it...
Persistent link: https://www.econbiz.de/10010294480
The present paper utilises a short-run theoretical macroeconomic model of a small open economy to look at the impact of macroeconomic policies and financial deepening upon poverty through sectoral changes. This is because an expansion in certain sectors may cause greater poverty reduction. The...
Persistent link: https://www.econbiz.de/10010284542
This paper first analyzes the comparative economic growth performance of Latin America in the period 1950-2001. Then it reviews industrial and trade policies, macroeconomic stabilization and institutional development in Latin American countries. In the final section the emerging approach to...
Persistent link: https://www.econbiz.de/10010274719
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Persistent link: https://www.econbiz.de/10010320651
Although most CIS and East Asian countries are de jure classified as free floaters, they de facto pursue (tight) dollar pegs. This paper emphasizes dollar denomination of shortterm and long-term payment flows as reasons for exchange rate stabilization. Based on the analysis of ‚competitive...
Persistent link: https://www.econbiz.de/10010295455
Unterschiedliche Startbedingungen und Entscheidungsmechanismen regionaler Integration in Europa und Ostasien werden … und mit der Gefahr einer Überexpansion. Ostasien besitzt noch liquidere Mechanismen. Damit konnte es sein ökonomisches … Ebene reagiert Ostasien auf verschiedene Weise, erhöht aber die Intransparenz. Beide Regionen haben bisher ihre potenziellen …
Persistent link: https://www.econbiz.de/10010296981
The discussion paper summarizes the results of a workshop that focussed on the institutional foundations of innovation and competitiveness in East Asia. The following papers are contained: 'Transitional Institutions, Institutional Complementarities and Economic Performance in China. A "Varieties...
Persistent link: https://www.econbiz.de/10010302335
With globalization and advances in information and communication technology (ICT) leading to growing international production sharing, amidst the increasing trend in preferential trading arrangements (PTAs), rules of origin (ROO) has been beset with difficult recurring issues. First and foremost...
Persistent link: https://www.econbiz.de/10011421109
In moving toward the East Asian vision of a community, a rational, enabling regime of rules of origin (ROOs) that would encourage deeper economic integration and shared prosperity should be established. This means a set of ROOs that is trade facilitating even as it attempts to prevent trade...
Persistent link: https://www.econbiz.de/10011421112