Part 1. Overview -- Chapter 1.China’s opening-up policies: achievements and prospects -- Part 2. Import substitution & trade protection -- Chapter 2. The economics of price scissors: an empirical investigation for China -- Chapter 3.Measuring the impact of trade protection on industrial...

Cover; Half Title; Title; Copyright; Dedication; Contents; List of figures; List of tables; List of contributors; Acknowledgements; 1 Introduction; 2 National sovereignty in an interdependent world; 3 Trade competition and reallocations in a small open economy; 4 Trade in goods and trade in...

Innovation depends on exporting and, in particular, on scale and competition in export markets. We develop a theory featuring (1) quality-segmented markets, (2) step-by-step innovation that moves firms forward along the quality ladder, and (3) escape-the-competition motives for innovation. We...

The aftermath of the global financial crisis of 2007 - 2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to developed economies...