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Standard political economy analysis suggests that, in China and India, as in other countries, domestic producers … promotes growth? How have WTO rules so far affected the ability of India and China to promote growth in these respects? This … essay examines the constraints that the WTO may impose on China and India as they engage in industrial policy towards …
Persistent link: https://www.econbiz.de/10014056532
trade might be called the quot;missing globalization puzzle.quot; This puzzle is most apparent in the estimated distance … evidence of globalization, on both cross-section and panel data, reflected in a variety of measures of geography. Our …
Persistent link: https://www.econbiz.de/10012752422
This study explores the potential for South Africa to become an engine for intra- regional trade and industrial development by linking other Southern African countries to its global value chains and, in the process, improving its global trade competitiveness. The study identifies 'lead products'...
Persistent link: https://www.econbiz.de/10012103359
Economic integration, encompassing the removal or reduction of trade barriers and the coordination of monetary and fiscal policies, plays a pivotal role in promoting cooperation among nations. This systematic literature review examines the role of global value chains (GVCs) in promoting economic...
Persistent link: https://www.econbiz.de/10014513406
This paper employs a modern global value chain (GVC) decomposition framework to quantify economic interdependence among Asian economies and between Asia and the rest of the world. It pays special attention to the value-added relationships among three sets of economies: those belonging to both...
Persistent link: https://www.econbiz.de/10013373223
concern over the "Trade War" between the US and China. We evaluate the market responses to this event for firms in both … countries, depending on their direct and indirect exposures to US-China trade. US firms that are more dependent on exports to … and imports from China have lower stock and bond returns but higher default risks in the short time window around the …
Persistent link: https://www.econbiz.de/10011927558
Sourcing ; Family Firms ; Outsourcing ; Offshoring ; FDI … FDI coexists with international outsourcing, family firms unambiguously decrease FDI, whereas the effect on international … outsourcing is ambiguous: A substitution process may work towards an increase in international outsourcing activities. -- Global …
Persistent link: https://www.econbiz.de/10008906363
. There are some indications of globalization in retreat, international trade growth slowing down and a transition from … various trends around global economic integration and pushing towards de-globalization is extremely difficult. This paper aims …
Persistent link: https://www.econbiz.de/10014496726
This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...
Persistent link: https://www.econbiz.de/10014023765
Global trade has been exceptionally weak over the past four years. While global trade grew at approximately twice the rate of GDP prior to the Great Recession, the ratio of global trade to GDP growth has declined to about unity since 2012. This paper assesses to what extent the change in the...
Persistent link: https://www.econbiz.de/10012983093