In this exploratory note, development of the global electronics industry is viewed by accounting for cross-border co-evolution under policy interactions. A sketch is made from novel angles of the world distribution of major firms in the production and utilization of information technology, the...

Contract manufacturing is the catalyst shaping the world economy under globalization. Affirming the dominance of the open network in organizing worldwide value chains, it transformed Japan and US into trade partners rather than rivals. It allows firms like Apple, Nokia and Sony to outsource...

 This study highlights the cross-border co-evolution of the global electronics industry, under international policy interactions. From the world distribution of the major IT producing and using firms, and the fabrication and trading network, the prominence of the Pacific Rim nexus stands out....

Not only the wealth, but also the independence and security of a country appear to be materially connected with the prosperity of manufactures. Every nation, with a view to these great objects, ought to endeavor to possess within itself all the essentials of national supply.Alexander Hamilton,...

Over coming decades, changes in population age structure will have profound implications for the macroeconomy, influencing economic growth, generational equity, human capital, saving and investment, and the sustainability of public and private transfer systems. How the future unfolds will depend...

Over coming decades, changes in population age structure will have profound implications for the macroeconomy, influencing economic growth, generational equity, human capital, saving and investment, and the sustainability of public and private transfer systems. How the future unfolds will depend...

First, the expert contributors argue, Asia must find ways to sustain rapid economic growth in the face of less favorable demographics, which implies slower growth of the workforce. Second, they contend, Asia must find ways to deliver affordable, adequate, and sustainable old-age economic...

Most trade models today are specializations of, or variations on, the general-equilibrium model of Arrow-Debreu-McKenzie, where no one's action is conditioned on others' previous action. Although that model does not deal with free riding, trade literature has achieved much for a world under...