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Persistent link: https://www.econbiz.de/10013261099
We consider two channels via which foreign inputs into industrial production may lead to productivity effects. The first one concerns dynamic externalities between firms which share technical and organizational knowledge which is vital for the productivity growth of a particular industry. We...
Persistent link: https://www.econbiz.de/10011472478
This paper develops a model to study the impact of trade costs on developing countries' industrialization when sequential production is networked in global value chains (GVCs). In a two-country setting, a decrease in trade costs of intermediate goods is associated with South joining and moving...
Persistent link: https://www.econbiz.de/10012978461
This paper traces the rise of export-led growth as a development paradigm and argues that it is exhausted owing to changed conditions in emerging market (EM) and developed economies. The global economy needs a recalibration that facilitates a new paradigm of domestic demand-led growth....
Persistent link: https://www.econbiz.de/10013122315
This paper traces the rise of export-led growth as a development paradigm and argues that it is exhausted owing to changed conditions in emerging market (EM) and developed economies. The global economy needs a recalibration that facilitates a new paradigm of domestic demand-led growth....
Persistent link: https://www.econbiz.de/10009269460
Trade can and should play an important role in making progress to achieve the Sustainable Development Goals. This includes trade and investment in services, as realizing many of the goals is conditional on improved performance of services sectors in developing countries. The global environment...
Persistent link: https://www.econbiz.de/10012700556
transformation. The standard trade theory postulates that trade openness contributes to poverty alleviation directly by changing …
Persistent link: https://www.econbiz.de/10015120763
This paper traces a set of major trends and future scenarios in global structural change. It argues that across multiple domains of change, developing economies are facing novel constellations of lateness and prematurity in technological and economic development. The paper explores these novel...
Persistent link: https://www.econbiz.de/10012173963
This article studies the role of technology drivers in catching up at different stages of development. Countries can be at different stages of development when entering in a new catching-up cycle. Thus, the technological drivers of growth [technological capabilities, external spillovers,...
Persistent link: https://www.econbiz.de/10012157100
This book looks at four main questions relevant to the discussion of implementation and effectiveness of aid for trade. • How severe are the various possible constraints to trade expansion? • How different are the constraints to imports from the constraints to exports? • What impact would...
Persistent link: https://www.econbiz.de/10014157613