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Macroeconomic and Distributional Effects of Globalisation
(SAMA), Saudi Arabian Monetary Agency - 2019
This note aims to shed light on the possible consequences of globalisation for the global economy. It assesses the effects of international financial and trade integration, migration and remittances on economic growth, as well as those of protectionist trade policies, with special attention to...
Persistent link: https://www.econbiz.de/10012893160
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How does globalisation affect COVID-19 responses?
Bickley, Steve J.; Chan, Ho Fai; Skali, Ahmed; … - 2020
This paper examines the effects of globalisation on the pace of governments implementing international travel restrictions during the recent coronavirus pandemic. We find that more globalised countries experienced a longer delay in implementing international travel restriction policies with...
Persistent link: https://www.econbiz.de/10012242056
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The Economic Impact of Tariff Eliminations in a U.S.-U.K. Free Trade Agreement : A CGE Model with Worker Displacement
Ferry, Jeff; Narayanan Gopalakrishnan, Badri; Mayoral, … - 2021
On May 5, 2020, the U.S. Trade Representative announced plans to negotiate a free trade agreement with the United Kingdom. We use GTAP to model the economic impacts of this free trade agreement, exclusively focusing on the bilateral tariff elimination. We find that a standard GTAP model leads to...
Persistent link: https://www.econbiz.de/10013215978
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Pro-globalization via FTAs in times of COVID-19
Breuss, Fritz - 2020
This analysis attempts to offer a counter strategy to the idea of anti-globalization and de-growth that had flared up again since the COVID-19 crisis. All international forecasts expect for the year 2020 the deepest recession since the Great Depression. Countries which can afford it, run a...
Persistent link: https://www.econbiz.de/10012319594
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Globalization in the Time of COVID-19
Sforza, Alessandro - 2020
The economic effects of a pandemic crucially depend on the extend to which countries are connected in global production networks. In this paper we incorporate production barriers induced by COVID-19 shock into a Ricardian model with sectoral linkages, trade in intermediate goods and sectoral...
Persistent link: https://www.econbiz.de/10012837986
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Globalization in the time of COVID-19
Sforza, Alessandro; Steininger, Marina - 2020 - First version: April 1, 2020
The economic effects of a pandemic crucially depend on the extend to which countries are connected in global production networks. In this paper we incorporate production barriers induced by COVID-19 shock into a Ricardian model with sectoral linkages, trade in intermediate goods and sectoral...
Persistent link: https://www.econbiz.de/10012194678
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What if Trump is re-elected? : trade policy implications
Obst, Thomas; Matthes, Jürgen; Sultan, Samina - 2024 - Stand: März 2024
A possible re-election of Donald Trump as US president in November 2024 could entail a significant upheaval for the world trading order, if he fulfills his announcements to raise tariffs, mainly in order to reduce the US trade deficit. Such steps would not only have a negative effect on the...
Persistent link: https://www.econbiz.de/10014485451
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Was droht den transatlantischen Handelsbeziehungen unter Trump 2.0? : von Zollerhöhungen und Vergeltungsmaßnahmen
Obst, Thomas; Sultan, Samina; Matthes, Jürgen - 2024 - Stand: Oktober 2024
import tariffs to 20 per cent each. …
Persistent link: https://www.econbiz.de/10015078457
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The Impact of Foreign Trade Promotion on the Foreign Sales Intensity of SMEs
Hauser, Christian - 2009
markets. Thus, it is the explicit goal of foreign trade promotion to foster the degree of internationalisation of SMEs. Yet …, empirical research whether foreign trade promotion helps SMEs to overcome barriers to internationalisation is quite rare. Our …Small and medium-sized enterprises (SMEs) show structural shortcomings with regard to the development of international …
Persistent link: https://www.econbiz.de/10012718418
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Evaluating the Impact of FTAs on FDI : A Text-Based Approach
Dadkhah, Ali - 2020
The literature on the impact of bilateral investment treaties (BITs) on foreign direct investment (FDI) has had difficulty establishing a robust effect of BITs on FDI flows. This conclusion extends to FDI chapters in free trade agreements (FTAs), which feature the same substantive content as...
Persistent link: https://www.econbiz.de/10012854167