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We study the evolution of offshore renminbi trading between 2016 and 2019. The diffusion behaviour of offshore renminbi trading during this period is different from the one between 2013 and 2016. The geographical diffusion process displayed in the 2016-2019 period, in addition to the previously...
Persistent link: https://www.econbiz.de/10012232928
We study the evolution of offshore renminbi trading between 2016 and 2019. The diffusion behaviour of offshore renminbi trading during this period is different from the one between 2013 and 2016. The geographical diffusion process displayed in the 2016-2019 period, in addition to the previously...
Persistent link: https://www.econbiz.de/10012234514
The emphasis of international trade theories shifted in the last forty years, from comparative advantage, to scale economies and product differentiation. More recently, the “new” new trade theories have stressed the role of firm heterogeneity, which has led to a renewed interest on the study...
Persistent link: https://www.econbiz.de/10012920397
Most CGE trade models fix current account balances exogenously, in accordance with the widely accepted view that trade policy may influence trade flows, but that current accounts are constrained by symmetric capital account balances, on which trade policy has little effect. The MIRAGE-D model...
Persistent link: https://www.econbiz.de/10014216170
This paper provides evidence that the U.S. dollar affects countries' exports through the financial channel of the exchange rate (Bruno and Shin (2015)). Using global data on trade between countries whose currency is not the U.S. dollar, it documents a positive relationship between the dollar and...
Persistent link: https://www.econbiz.de/10014293276
Persistent link: https://www.econbiz.de/10002349675
key concepts of historical structures of world order, state–society complexes and transnational class formation, and (2 …
Persistent link: https://www.econbiz.de/10012040051
Persistent link: https://www.econbiz.de/10012220705
The World Economic Forum (WEF) recognises in their recent global risk reports the need to better understand the …
Persistent link: https://www.econbiz.de/10012918325
economy in the last decade and to measure the influence of the world economic crisis of 2009 on their external trade sector … regions of the world economy for the international trading transactions of CEE countries. The exercise revealed that CEE … ratio as a result of the world economic turbulences starting in 2009. Whereas the transition in the current account balance …
Persistent link: https://www.econbiz.de/10012949485