Showing 1 - 10 of 35
Although it is well-known that a global trade regime best ensures economic welfare, there has nevertheless been a … proliferation of free trade agreements (FTAs) between individual countries. This poses the challenge known as the “noodle bowl … for entering an FTA rather than anticipating a global trade regime. Using basic game theories, we show that in order for …
Persistent link: https://www.econbiz.de/10013009686
This paper uses directed bilateral flow data on multiple dimensions of economic integration to construct a composite index of regional integration outcomes covering 19 regions in various parts of the world. As a first step, the multidimensional indicator is used to rank regions according to...
Persistent link: https://www.econbiz.de/10013009687
-added linkage through final goods trade. For GVC connections, indirect GVC linkages via third economies have been growing faster …
Persistent link: https://www.econbiz.de/10014076950
subregions). The index comprises 26 indicators in six dimensions of regional integration, i.e., trade and investment, money and …
Persistent link: https://www.econbiz.de/10012954685
Tepid trade growth since the 2008/2009 global financial crisis (GFC) has been partly attributed to sluggish demand from … developed countries. However, data reveals that developing countries play a bigger role in holding back trade growth, while … deeper the degree of devaluation and even competitive devaluations — the more likely international trade will grow slower …
Persistent link: https://www.econbiz.de/10012980850
Developing Asia has traditionally relied on exports to the United States (US) and other industrialized countries for demand and growth. As a result, the collapse of exports to the US and other industrialized countries during the global financial and economic crisis has sharply curtailed gross...
Persistent link: https://www.econbiz.de/10013142887
trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC's trade … consumer and less of an assembler. This provides ground for optimism about the prospects of trade with the PRC as a source of …
Persistent link: https://www.econbiz.de/10013142948
that this result is likely to be driven by intraregional trade linkages, and reflects those linkages. Therefore, the …
Persistent link: https://www.econbiz.de/10013122880
The central objective of our paper is to empirically examine the relationship between the ownership structure of firms and their export performance. To do so, we use data from the Republic of Korea, a classic example of successful export-oriented industrialization. While a large and growing...
Persistent link: https://www.econbiz.de/10013110417
This paper provides trade flow projections for major Asian developing economies (ADEs) up to 2030 against the backdrop … of an in-depth analysis of policy shifts and trade patterns over the past 4 decades. Merchandise trade of ADEs has grown … standard gravity modelling framework, total real non-oil trade of ADEs would increase at an average annual rate of 8.2 during …
Persistent link: https://www.econbiz.de/10013127047