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The Russia-Ukraine war has disrupted global trade and supply chains, exacerbating the rise in global commodity and food prices. Persistently high global inflation accompanied by tepid growth brings fears of stagflation that could endure for several years. Amidst this environment, the US Federal...
Persistent link: https://www.econbiz.de/10014247504
This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction exerted by the country's exports, (ii) an external...
Persistent link: https://www.econbiz.de/10012051845
The countries of the South Pacific have struggled to generate sustainable economic growth since their independence. Interventionist policies have failed in the past here, as they have in all other regions. Business and government leaders in this region are now beginning to acknowledge - as has...
Persistent link: https://www.econbiz.de/10012654052
Multinational enterprises play a significant role in the global economy. Their activities can have positive impacts on host countries as these companies tend to bring new capital, technology, and knowledge. Nevertheless, negative effects linked to their presence occur as well. Most studies focus...
Persistent link: https://www.econbiz.de/10014547105
The circular economy model enables businesses to incorporate regenerative manufacturing systems that use closed-loop resources to achieve economic and environmental sustainability. The work focuses on the circular economy’s competitive advantage from the multinationals apparel industry’s...
Persistent link: https://www.econbiz.de/10012649520
This open access book focuses on the issue of sustainability standards from the perspective of both global governance frameworks and emerging economies. It stems from the recognition that the accelerated pace of economic globalization has generated production and consumption patterns that are...
Persistent link: https://www.econbiz.de/10013472873
Objective: In this article, we show how agility and international experience influence the adjustment strategies that firms adopt when exposed to sanctions. We also assess how these strategies affect firms' financial performance. Research Design & Methods: Quantitative; international e-survey,...
Persistent link: https://www.econbiz.de/10015374415
This article investigates the links between trade policy and economic growth in a panel of 57 countries between 1970 and 1989. It develops a new measure of trade policy openness based on the policy component of trade shares, using it in a simultaneous equations system to identify the effect of...
Persistent link: https://www.econbiz.de/10012564008
This study examines the impact of fiscal, monetary and trade policies on Nigerian economic growth from 1985 to 2020. This study adopts endogenous growth model (AK model) as its theoretical framework. The unit root test results reveal that there is mixed level of stationarity in the variables....
Persistent link: https://www.econbiz.de/10012668349
The African Continental Free Trade Area (AfCFTA) Protocol on Digital Trade represents a significant step forward for Africa's economic integration and digital transformation. This report assesses the Protocol's potential to reshape the continent's economic landscape by fostering a unified...
Persistent link: https://www.econbiz.de/10015333691