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Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises — the 1997-98 Asian financial crisis and the 2008-09 great recession, financial crisis and collapse of global trade. Its success contradicts its...
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Summary History, not predictions of CGE models or cross-country growth studies, shows a strong relationship between trade and development. Vietnam's experience with bilateral trade agreements, comparing actual outcomes with predictions from existing models, demonstrates this and the limitations...
Persistent link: https://www.econbiz.de/10013040362
Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises. Examination of economic performance and policy responses shows rising dependence on foreign finance around each crisis, and actions by the government to...
Persistent link: https://www.econbiz.de/10013040365
The share of U.S. corn production used to produce ethanol increased from 12.4% in the 2004/05 crop year to over 38.5% in the 2010/11 crop year, and remained at that high level in 2011/12. Even after accounting for return of by-products to the feed market, this is a large and persistent new...
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Special circumstances in the agricultural sector have limited the use of comparative advantage in addressing the planner's dilemma of allocating investment between industry and agriculture and in examining the doctrine of food selfsufficiency. A three-factor model of agricultural trade,...
Persistent link: https://www.econbiz.de/10010879499