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The Belt and Road initiative, recently embarked on by China, aims to improve cross-border infrastructure in order to … reduce transportation costs across a massive geographical area between China and Europe. The authors estimate how much trade … true for eastern Europe and Central Asia and, to a lesser extent, south-east Asia. In contrast, if China were to seek to …
Persistent link: https://www.econbiz.de/10011541814
Persistent link: https://www.econbiz.de/10011771849
China's infrastructure-based Belt and Road Initiative (BRI) is challenging the US-led Western International Economic … power and influence from the United States to China. In the aftermath of World War II, the US continued to provide a … mandate to rebuild the infrastructure of the shattered post-war economies, to promote international economic cooperation, and …
Persistent link: https://www.econbiz.de/10012928232
The Belt and Road Initiative, recently embarked on by China, aims to improve cross-border infrastructure in order to … reduce transportation costs across a massive geographical area between China and Europe. We estimate how much trade might be … for Eastern Europe and Central Asia and, to a lesser extent, South-East Asia. In contrast, if China were to seek to …
Persistent link: https://www.econbiz.de/10012966973
Hong Kong and Macau were re-united with China in the late 1990s as two special administrative regions (SARs). Over the … last half century, they were China's good examples of economic development, windows of openness and investors. Due to … historical reasons, China lagged far behind Hong Kong and Macau in terms of per capita incomes. However, rapid economic growth in …
Persistent link: https://www.econbiz.de/10014054269
Persistent link: https://www.econbiz.de/10011987218
competition in their infrastructure industries while others do not? Why did the pace of adoption accelerate in the 1990s? Building …
Persistent link: https://www.econbiz.de/10005784793
A multilateral currency union removes the intraregional exchange rates but not the union rate variability with the rest of the world. The intraregional exchange rate variability is thus latent. A two-step procedure is developed to measure the variability. The measured variables are used to model...
Persistent link: https://www.econbiz.de/10010280736
A multilateral currency union removes the intraregional exchange rates but not the union rate variability with the rest of the world. The intraregional exchange rate variability is thus latent. A two-step procedure is developed to measure the variability. The measured variables are used to model...
Persistent link: https://www.econbiz.de/10003740327
Controversy has surrounded the role exports play in stimulating economic growth. Some authors find causation from exports to GNP, while others have concluded that exports retard GNP growth. Still others find no causation or find bidirectional causation with the Sims test but not with the Granger...
Persistent link: https://www.econbiz.de/10013138070