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East and Southeast Asia face major demographic changes over the next few decades as many countries' labor forces will start to decline, while others will experience higher labor force growth as populations and participation rates increase. A well-managed labor migration strategy presents itself...
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Due to the lack of political consensus at the previous General Agreement on Trade on Services (GATS), negotiations on the temporary movement of natural persons (Mode 4) have stagnated. The growth in the economic literature surrounding this issue has also been lackluster; despite the large...
Persistent link: https://www.econbiz.de/10009430418
Since China’s application in 1987 to resume its status in the Generalized Agreement on Trade and Tariffs (GATT)/World Trade Organization (WTO) there has been a great deal of debate over the timing of China’s accession. Although most of the issues relating to the timing of China’s trade...
Persistent link: https://www.econbiz.de/10009430555
In static applied general equilibrium models, the exogenous/endogenous split between variables (or closure) is used to infer the time frame over which the effects of a shock are simulated. This paper introduces a long-run closure for the GTAP model (Hertel and Tsigas, 1997) and uses this closure...
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This paper uses a global comparative static general equilibrium (GE) modeling approach to examine the impact of five alternative scenarios aimed at liberalizing migration flows from and within Asia. The first four scenarios consider the impact of liberalizing migration flows into (i) developed...
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