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Data on global trade as well as capital and labor flows indicate a slowdown, but not reversal, of globalization post the 2008-09 financial crisis. Yet profound changes in the policy environment and public sentiment in the largest economies over the past five years suggest the beginning of a new...
Persistent link: https://www.econbiz.de/10014250133
This paper is a theoretical and empirical exploration of the connections between sovereignty (or its absence) and growth rates in lagging countries over the period 1870 to 1950. Using a four-fold taxonomy of sovereignty, our estimates of sovereignty differentials for growth rates of per capita...
Persistent link: https://www.econbiz.de/10014053786
From 1980-2009 the Polish economy experienced structural dislocation. The growth and success of the Solidarity movement represented the shift in manufacturing from Soviet bloc trade to membership in the European Union. This paper examines four independent metrics that measure the changing...
Persistent link: https://www.econbiz.de/10013110908
The author argues that although the collapse of the Doha “Development” Round in early summer of 2006 was triggered by the refusal of the United States to agree to the reduction of the ceiling on the amount of domestic subsidies paid to the US farmers, there were some fundamental reasons...
Persistent link: https://www.econbiz.de/10005836721
We study whether international trade fosters democracy. The likely endogeneity between democracy and trade is addressed via the gravity model of trade, allowing us to obtain a measure of natural openness. This serves as our instrumental variable for actual trade openness à la Frankel and Romer...
Persistent link: https://www.econbiz.de/10005777482
Eli Heckscher (1879-1952) is celebrated for his contributions to international trade theory, particularly the factor proportions theory of comparative advantage in international trade known as the Heckscher-Ohlin theory. His work in both economic theory and economic history is notable for...
Persistent link: https://www.econbiz.de/10004973252
Gary R Saxonhouse was one of the leading world scholars on Japanese economy. Born in New York City in 1943, he attended Yale University, where he received his PhD in Economics in 1971. He joined the Faculty of Economics at the University of Michigan beginning in 1970, where he taught throughout...
Persistent link: https://www.econbiz.de/10008773978
Traza las características esenciales del comercio neogranadino entre 1783 y 1796 y sus incipientes relaciones con los extranjeros, hechos que aconsejaban al gobierno español un entendimiento con Inglaterra. Luego describe la desaparición del comercio con España durante la guerra de 1796-1801...
Persistent link: https://www.econbiz.de/10008854317
Poland has historically demonstrated exceptional resiliency in the face of change. This paper examines how Poland coped with huge structural realignments from the rise of Solidarity until the present, seeking to provide an objective analysis of Poland’s evolution of trade structures while it...
Persistent link: https://www.econbiz.de/10010700710
Persistent link: https://www.econbiz.de/10000586566