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The institutional structure of global commodity chains and cross-border production networks has a profound impact on how the benefits of globalized production are distributed. This paper engages with this issue by developing a model that combines the insights of earlier unequal exchange...
Persistent link: https://www.econbiz.de/10009468104
trade territory and methods of transportation used; and (5) to determine the economic effectiveness of auctions as an agency …
Persistent link: https://www.econbiz.de/10009468711
Foreign direct investment is sparking a national debate. Local communities compete for investment projects, while many of the residents of those communities fear losing their jobs to foreign outsourcing. Some opponents argue that such job losses have disproportionately negative impact on local...
Persistent link: https://www.econbiz.de/10009475015
state, on the whole. Specifically, I examine three aspects associated with globalization, trade openness, investment and IMF … that open trade and investment lead to improved personal integrity rights. In addition, investment which originates from …
Persistent link: https://www.econbiz.de/10009475090
the trade deficit. The experience during both the 1980s and 1990s demonstrates that a large and growing trade deficit need …
Persistent link: https://www.econbiz.de/10009475103
the trade deficit. The experience during both the 1980s and 1990s demonstrates that a large and growing trade deficit need …
Persistent link: https://www.econbiz.de/10009475104
When the U.S. runs a trade deficit with the Chinese, this requires a capital inflow from China to the United States … opportunities for U.S. workers in those sectors. However, in the long run, trade can affect only the composition of employment, not …
Persistent link: https://www.econbiz.de/10009475106
A major puzzle in the open economy literature is why some countries have persistently higher real exchange rates than others. Even more puzzling is the fact that countries with high real exchange rates are strong export performers. We solve both puzzles with a model that integrates two central...
Persistent link: https://www.econbiz.de/10009475518
employment growth and of size and job reallocation. Finally, we establish that strong foreign trade links force firms to shed … labour more aggressively and to engage in more restructuring when trade is directed to and originating from Western economies …. This disciplining function is absent when the trade flows are confined to CIS countries. …
Persistent link: https://www.econbiz.de/10009476705
of trade flows on employment adjustment in manufacturing. Our results show that both employment growth and job … competition in export markets. These effects are more pronounced when we consider trade flows to the world at large and to the EU … than when the analysis is based on trade flows to the CIS. …
Persistent link: https://www.econbiz.de/10009477034