Preface -- Part I Human Capital and Innovations vs. Competitive Advantages in Foreign Trade -- Chapter 1 Theoretical Grounds of the Development of Long-Term Competitive Advantages in International Trade -- Chapter 2 Human Capital and Innovation: Basic Concepts, Measures and Interdependencies --...

This study is an attempt to test the hypothesis “international trade contributes to economic growth through its effects on human capital accumulation.” To assess the hypothesis empirically, we employed the extended Neo-Classical growth model that reflects some features of the endogenous...

We modify the concept of the middle-income trap (MIT) against the background of the Fourth Industrial Revolution and the (future) challenges of automation (creating the concept of the "MIT 2.0") and discuss the implications for developing Asia. In particular, we analyze the impacts of...