The pattern of India’s share of high and medium technology exports in total manufactured exports doesn’t get reflected in worldexports of technology intensive exports.In this paper, by taking threesectors belonging to different technology-intensive categories (textiles, apparels & footwear,...

This paper describes seven salient features of trade integration in the 21st century: trade integration has been more rapid than ever (hyperglobalization); it is dematerialized, with the growing importance of services trade; it is democratic, because openness has been embraced widely; it is...

This study investigates the relationships among economic, social, and political globalization and consumption risk sharing in East Asia by exploiting the 2019 version of the KOF globalization indices. To this end, this study uses the Association of Southeast Asian Nations and the Eurozone as...

Quantifying the effects of trade policy in the age of 'global value chains' (GVCs) requires an enhanced analytical framework that takes due account of the observed international input-output relations. However, the existing quantitative general equilibrium models generally assume that...

The political hyperglobalisation trilemma asserts that a government cannot simultaneously opt for deep international integration, national sovereignty and democratic politics, but rather is constrained to choosing two of the three at most. This paper presents a new and comprehensive...

Increasing moves away from multilateralism have created a fragmented trade and investment scenario where economies progressively combine the application of restrictive unilateral actions with bilateral and regional preferences. The application of, and exceptions to, the non-discrimination...

This paper highlights India’s unique services export led growth path. Observing that Indian business services have helped manufacturers all over the world to become more efficient and productive, it raises the question how Indian business services can do the same for local manufacturers and...

Recent restoration of democracy in Myanmar is one of the most important developments in the country's history and potentially of large significance for the region. Owing to its strategic position, Myanmar connects Asia's three big markets - Association of Southeast Asian Nations (ASEAN), China,...

This paper reviews a sample of studies on the long-term impact of Brexit on GDP and welfare for both the UK and EU economies. It considers only official and academic studies published before the end of November 2018. The paper highlights the very wide range of results, especially for the UK,...