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Functional specialisation in global value chains and the middle-income trap
Stöllinger, Roman - 2019
The emergence of global value chains (GVCs) has opened up the possibility of functional specialisation as a new dimension of the international dimension of labour. Along with the usual gains from trade associated with specialisation according to comparative advantages, the functional...
Persistent link: https://www.econbiz.de/10012154255
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Would a growth slowdown in emerging markets spill over to high-income countries? : a quantitative assessment
Ollivaud, Patrice; Rusticelli, Elena; Schwellnus, Cyrille - 2014
Growth in emerging market economies (EMEs) is set to durably slow from the rates observed over 2010-12 as cyclical effects fade, potential growth declines and external financing conditions tighten. Large negative current account balances make some EMEs vulnerable to sudden reversals in capital...
Persistent link: https://www.econbiz.de/10010374413
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Does financial openness affect economic growth in Asian economies? : a case study in selected Asian economies, 1980 - 2010
Wei, Hsinrong P. - 2014
In recent decades, financial liberalization has been one of the most important strategies for Asian countries to promote growth. However, debate emerges following several financial crises on whether liberalizing financial markets and allowing for free access to international capital markets,...
Persistent link: https://www.econbiz.de/10010462236
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Do capital goods imports improve the quality of regional development? : evidence from Chinese cities
Liao, Hongwei; Wang, Dingqing; Van Assche, Ari; Du, Julan - In: Journal of innovation & knowledge : JIK 8 (2023) 4, pp. 1-12
For developing countries with advanced societies and growing economies, it is essential to accurately assess the technological innovation effect of capital goods imports on regional development quality. This study explores the path of high-quality urban development from the perspective of...
Persistent link: https://www.econbiz.de/10014506502
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FDI and Economic Growth in Developing Countries : A Cross Comparison between Egypt and Turkey
Saleh, Deena - 2022
The relationship between foreign direct investment and economic growth in developing nations is examined in the study that follows. Turkey and Egypt are the main subjects because of their similarities in terms of history, politics, and the economy. An overview of FDI, including its types,...
Persistent link: https://www.econbiz.de/10014237907
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Redistribución o Crecimiento (Redistribution or Growth)
Véliz Torresano, José - 2015
globalization the cause of the widening gap between rich and poor? The empirical results of several studies indicates that trade … liberalization is a powerful tool to achieve consistent economic growth, contrary to what this evidence says about globalization and … financial innovation. This rapid growth of globalization, liberalization has been enough to achieve development? This paper aims …
Persistent link: https://www.econbiz.de/10013035999
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FDI and unemployment, a growth perspective
Stepanok, Ignat - 2018
North-South foreign direct investment (FDI) is frequently viewed as a process in which jobs relocate from the North to the South. I build a growth model with two asymmetric trading economies, the North where firms innovate and the South where Northern firms invest to take advantage of lower...
Persistent link: https://www.econbiz.de/10011816895
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Human Capital Accumulation and Wage Inequality with Scale-Independent North-South Technological Diffusion
Afonso, Oscar; AGUIAR, Alvaro - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2004
This paper analyzes the mechanisms, other than market size, through which international trade of intermediate goods incorporating state-of-the-art technological knowledge affects accumulation of human capital and wage inequality in the North and South. Under North-South technological diffusion,...
Persistent link: https://www.econbiz.de/10005063394
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Trade, wages and skill accumulation in the emerging giants
Harris, Richard G.; Robertson, Peter E. - In: Journal of International Economics 89 (2013) 2, pp. 407-421
Concerns over rising inequality have threatened to slow the process of trade liberalization in emerging economies, such as China and India. But even if trade liberalization raises inequality, these effects may be short lived and associated with important dynamic effects such as capital and skill...
Persistent link: https://www.econbiz.de/10010617217
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FDI and economic growth: A new look from the sectoral perspective
Šimić, Vladimir; Malešević-Perović, Lena - In: Naše gospodarstvo / Our Economy 68 (2022) 4, pp. 1-11
FDI data across different industries, the paper finds significant effects of FDI inflows in manufacturing on growth … further investigation of the specific subsectors (NACE 2-letter classification) within manufacturing, and the empirical … investigation finds that not all FDI inflows within manufacturing enhance economic growth. …
Persistent link: https://www.econbiz.de/10014520608