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There is a stark contrast between the ambitious investment promotion efforts of many least developed countries (LDCs) and their often minimal commitments under the General Agreement on Trade in Service (GATS). At a time of urgent need to address domestic infrastructure and investment gaps, this...
Persistent link: https://www.econbiz.de/10009011779
The sharp decline in trade volume and value during the current economic crisis has contributed to lower transportation costs and reduced waiting times at border crossings, reducing the urgency of progress on trade facilitation. Meanwhile, greater trade is expected to play a key role in recovery,...
Persistent link: https://www.econbiz.de/10003982944
This paper examines the trade participation of Bangladesh's manufacturing firms using a three-year panel. It distinguishes between extensive and intensive margin effects using a Heckman sample selection model. Particular attention is paid to the role of imported intermediates and inward foreign...
Persistent link: https://www.econbiz.de/10012209400
Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises - the 1997-98 Asian financial crisis and the 2008-09 great recession, financial crisis and collapse of global trade. Its success contradicts its...
Persistent link: https://www.econbiz.de/10008908328
The global economic crisis has affected the East Asian economies via trade and investment. The export-led model which had been responsible for the "East Asian Miracle " now must redirect the basis of growth from exports sent to the US and Europe to regional and domestic demand. Regional trade...
Persistent link: https://www.econbiz.de/10003983207
African countries have sought to replicate the success of East Asia by implementing special economic zones. Despite decades of international experience, there remains no blueprint for successful special economic zone policies, and the majority of special economic zones fall well below...
Persistent link: https://www.econbiz.de/10010434534
The global economic crisis has affected the East Asian economies via trade and investment. The export-led model which had been responsible for the “East Asian Miracle” now must redirect the basis of growth from exports sent to the US and Europe to regional and domestic demand. Regional trade...
Persistent link: https://www.econbiz.de/10013133690
This paper seeks to understand whether increased foreign direct investment (FDI) can help low income nations to diversify their export bases. Numerous governments in low income nations have sought to attract FDI with an aim of diversifying their export bases while many large multilateral...
Persistent link: https://www.econbiz.de/10013147130
Developing countries need fiscal revenue to build their infrastructure, achieve energy security and environmental sustainability, and provide social services necessary for human development. While trade and investment treaties have typically been assumed to be tax revenue-neutral, economic...
Persistent link: https://www.econbiz.de/10013322806
The article analyzes Mexico under globalization, particularly on the free mobility of capital. It argues that globalization has detrimentally impacted the productive and external sectors, causing the economy to become excessively reliant on volatile capital inflows from abroad. The Mexican...
Persistent link: https://www.econbiz.de/10014551305