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World trade growth was rapid in the two decades prior to the global financial crisis but has halved subsequently. There are both structural and cyclical reasons for the slowdown. A deceleration in the rate of trade liberalisation post 2000 was initially obscured by the ongoing expansion of...
Persistent link: https://www.econbiz.de/10011578401
The study utilizes the Autoregressive-distributed lag (ARDL) approach for cointegration and Granger causality test, to explore the long run equilibrium relationship and the possible direction of causality between international trade, financial development and economic growth for the Pakistan...
Persistent link: https://www.econbiz.de/10009549039
Poverty remains a serious global issue, and nearly half of the world's populations are still living below the poverty line. International trade has been a vehicle for successful economic development for some developing economies in East Asia, including South Korea, Taiwan, Hong Kong, Singapore,...
Persistent link: https://www.econbiz.de/10014199822
The concept of globalization refers to the growing interdependence of countries, resulting from the increasing integration of trade, finance, investments, labor markets and ideas in one global marketplace. The most important elements of this process are the international trade and the...
Persistent link: https://www.econbiz.de/10014209166
Brexit became an important subject not only for academics but also for international institutions, research centers and consultancy companies, think tanks and independent experts. The aim of this article is to: (1) provide a general approach of the literature; (2) see how the effects of Brexit...
Persistent link: https://www.econbiz.de/10012505368
The globalization of COVID-19 pandemic is en route to produce a chain of economic impacts worldwide through distortions in global trade and supply chain. The globalization of production and trade shocks in relation to China generate substantial threat to world trade. The aim of this paper is to...
Persistent link: https://www.econbiz.de/10012836802
This paper will reflect on the burgeoning ‘trade and climate change’ scholarship in the context of previous linkage debates – particularly the trade and environment/human rights/development literature. It will focus on the extent to which unilateral measures adopted by States to fight...
Persistent link: https://www.econbiz.de/10014193643
The study utilizes the Autoregressive-distributed lag (ARDL) approach for cointegration and Granger causality test, to explore the long run equilibrium relationship and the possible direction of causality between international trade, financial development and economic growth for the Pakistan...
Persistent link: https://www.econbiz.de/10013119126
The paper analyses the interindustry spillover effects of bilateral trade conflicts using the example of the 2018-2019 China-USA bilateral trade war. Empirical results are produced using a new heuristic method based on hypothetical extraction and substitution in an International Input-Output...
Persistent link: https://www.econbiz.de/10013225458
In the coming years, large-scale changes are inevitable in the development of international trade, caused to a large extent by the conflict between the USA and China, the degradation of the WTO, and most importantly, the development of integration processes in various regionsand the impact of...
Persistent link: https://www.econbiz.de/10013242030