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This paper characterises the extent of GVC participation in selected countries of Latin America. It looks deeper into certain key trade policy-related aspects of Latin American trade integration with the potential to improve GVC participation. Latin America has a dense web of intra and...
Persistent link: https://www.econbiz.de/10011582075
We construct measures of export similarity among seventeen Latin American countries over the period 1962-1991. Based on cluster analyses, we analyze patterns of similarity or complementarity in the commodity composition of various countries1 export portfolios. While exports of primary products...
Persistent link: https://www.econbiz.de/10012775090
This paper focuses on identifying preconditions that will ensure the sustainability of a Free Trade Area of the Americas (FTAA). It argues that the macro, micro, and political conditions advanced in the literature to measure a country's ability to compete internationally, while necessary, are...
Persistent link: https://www.econbiz.de/10014112825
Since the emergence of COVID-19 pandemic, there have been growing concerns about the policy measures that states have continued to adopt in pursuit of a resilient recovery and more importantly, the implications of such policies on the future of international trade. This paper explores some of...
Persistent link: https://www.econbiz.de/10014083082
The outbreak of COVID-19 has significantly impacted international trade, redefining globalization trends. This paper examined the data from similar research conducted worldwide from the start of COVID-19 until 2021. The authors looked at the imports and exports of numerous countries that the...
Persistent link: https://www.econbiz.de/10013406112
Since the mid-1980s, multinational firms and their global value chains (GVCs) have become increasingly important for the world economy. Not surprisingly, the pandemic has fuelled a debate among academics and policy makers on the relationship between COVID-19 and GVCs, and particularly on whether...
Persistent link: https://www.econbiz.de/10013226665
Trade in Africa is largely characterized by trade with foreign countries. Many African countries rely on earnings from export of natural resources, as well as food and commodities imported from outside the borders of Africa. Thus, at the onset of the COVID-19 pandemic, Africa immediately...
Persistent link: https://www.econbiz.de/10013491575
This paper studies the role of international trade of essential goods during a pandemic. We consider a multi-country multi-sector model with essential and non-essential goods. Essential goods provide utility relative to a reference consumption level, and a pandemic consists of an increase in...
Persistent link: https://www.econbiz.de/10013218252
This special issue of the Journal of International Commerce, Economics and Policy is dedicated to investigating the globalization of services and its implications for economies. The papers in this issue address various dimensions of the globalization of services, including economic linkages...
Persistent link: https://www.econbiz.de/10010883251
The Philippines has been more cautious in its policy toward free trade agreements (FTAs) than other ASEAN member-states, having signed, so far, only one bilateral agreement with Japan in addition to the various ASEAN+1 agreements. While the government is expected to progressively reduce...
Persistent link: https://www.econbiz.de/10011421422