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projections and scenario analysis. Such forecasting has become increasingly challenging, thanks to the rapid pace of globalization …-house researchers and global experts who work on state-of-the-art models related to globalization, technological progress and …
Persistent link: https://www.econbiz.de/10012560813
transaction costs. The author argues that a comprehensive approach to globalization, managed, and abetted by good policies, can … unskilled workers suggests how much more fruitful skills are under globalization. 3) A 50 percent increase (or even a doubling … all the key elements of globalization at the same time--while sequencing (where needed) the pace of integration in such …
Persistent link: https://www.econbiz.de/10012572993
of "globalization." The author views the issue through both "macro" and "micro" empirical lenses. The macro lens uses … micro approaches cast doubt on some wide generalizations from both sides of the globalization debate. Additionally the micro …
Persistent link: https://www.econbiz.de/10012559892
The resilience of global value chains has been put to the test by the COVID-19 pandemic, extreme weather events, and trade tensions spurred by growing economic nationalism and protectionism. Shocks in production and trade can be transmitted from one country to another by global value chains,...
Persistent link: https://www.econbiz.de/10013255089
This paper analyzes the impacts of selected trade facilitation measures on international trade flows. A gravity model is used to estimate four equations: a pooled cross-section model; a fixed-effects model; a random effects model; and a Poisson maximum likelihood estimator. The contribution of...
Persistent link: https://www.econbiz.de/10012571696
This is an empirical paper seeking to identify the mode of Turkey's integration into global markets in general, and pan-European markets in particular, as revealed in its trade performance. The analysis provides empirical support to the following observations. First, thanks to steady expansion...
Persistent link: https://www.econbiz.de/10012553732
Production networks have been at the heart of the recent growth in trade among East Asian countries. Fragmentation trade, reflected mainly in the trade in parts and components, is expanding more rapidly than the conventional trade in final goods. This is mainly due to the relatively more...
Persistent link: https://www.econbiz.de/10012552609
Although both China and India are labor-abundant and dependant on manufactures, their export mixes are very different. Only one product-refined petroleum-appears in the top 25 products for both countries, and services exports are roughly twice as important for India as for China, which is much...
Persistent link: https://www.econbiz.de/10012552784
The process of development is full of uncertainties, especially if it is a process of transition from a planned economy to a market oriented one. Because of uncertainties and country specificity, development must be a process of learning, selective adaptation, and industrial upgrading. This...
Persistent link: https://www.econbiz.de/10012552237
Trade can be a key driver of growth for African countries, as it has been for those countries, particularly in East Asia, that have experienced high and sustained rates of growth. Economic partnership agreements with the European Union could be instrumental in a competitiveness framework, but to...
Persistent link: https://www.econbiz.de/10012552415