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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 globalmarketplace. The most important elements of this process are the international trade and the...
Persistent link: https://www.econbiz.de/10011992014
countries to additionally include informal employment (chapter 3) as well as the relation between foreign direct investment …, trade, and informal employment as illustrated by the maquiladora industry in Mexico (chapter 4), the interaction between …
Persistent link: https://www.econbiz.de/10011742960
This electronic monograph is divided into eight chapters. The objective of this electronic monograph is to show the impact of COVID-19 on the international trade worldwide. This first chapter explains each chapter of this electronic monograph. The second chapter shows the extensive damage of...
Persistent link: https://www.econbiz.de/10014091067
Dominant currency pricing (DCP) weakens the demand-side effects of exchange rate changes on exports (Gopinath et al., 2020). However, adjustment in the export sector can still occur through other supply-side channels. With bilateral trade data at the HS2-product level, panel fixed-effects...
Persistent link: https://www.econbiz.de/10012596321
Member countries of the Organisation of Petroleum Exporting Countries (OPEC) are always in the news regarding the prices and supply of crude oil to the international market. One of the economic reasons for this is liquidity and the desire to accumulate international reserves by the respective...
Persistent link: https://www.econbiz.de/10013407466
A number of theoretical studies have tended to trace the nature of globalization process' impacts (mostly characterised by trade opening) on informality, while relevant empirical literature has been not well developed. The paper aims to fill this knowledge gap by shedding further light on the...
Persistent link: https://www.econbiz.de/10011346442
worsens unemployment and decreases consumption by native residents whereas if full employment prevails, immigration has the … effect of boosting consumption while keeping full employment. However, an influx of too many immigrants can turn the host … country into stagnation. We also find that immigrants' remittances are harmful to the host country under full employment but …
Persistent link: https://www.econbiz.de/10012870735
During crises, governments resort to extraordinary fiscal and financial measures to mitigate the recessionary impacts of crises. These macroeconomic intervention measures along with aggregate demand and supply shocks and policy choices would affect the exporting environment of a country through...
Persistent link: https://www.econbiz.de/10014352025
In this paper we demonstrate that intra-industry trade (or FDI)between identical countries could produce theobserved deterioration in the relative wages of unskilled workers.This involves a model of North-Northintegration through either increased trade flows or increased MNE-based production....
Persistent link: https://www.econbiz.de/10010324652
The Fourth Session of the Ministerial Conference of the World Trade Organization (WTO), held in Doha, Qatar, in November 2001, launched a new round of multilateral trade negotiations (MTN) and a work programme (WP) for the WTO involving the negotiating agenda and steps for meeting the challenges...
Persistent link: https://www.econbiz.de/10010369126