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Rapid growth in many low-income economies was fuelled by the insertion of producers into global value chains feeding into high-income northern markets. This paper charts the evolution of financial and economic crisis in the global economy and argues that the likely outcome will be sustained...
Persistent link: https://www.econbiz.de/10008550612
This paper charts the evolution of the financial and economic crisis in the global economy and argues that the likely outcome will be sustained growth in the two very large Asian driver economies of China and India and stagnation in the historically dominant northern economies. Given the nature...
Persistent link: https://www.econbiz.de/10010669671
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This paper examines the profile of the global mining equipment supply industry, looking at the largest producers and consumers of mining equipment, tracking the changes in global flows of such equipment over the past decade. This paper shows that while the conventional producers of mining...
Persistent link: https://www.econbiz.de/10010595339
This study investigated the resource-growth nexus in Africa through an attempt to empirically reconcile the traditional resource curse literature with the role of technological progress as described in endogenous growth version of international trade literature. Using variables proposed to be...
Persistent link: https://www.econbiz.de/10010693484
Although many have gained from the process of globalisation, there remains a stubbornly large number of people living in absolute poverty and a rise in inequality within and between countries. The issue is thus not whether to participate in the global economy but how to do so in a manner which...
Persistent link: https://www.econbiz.de/10005644326
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