Chapter 01 Globalization
... B. It has created new threats for businesses accustomed to dominating their domestic markets. C. It is transforming industries and is highly welcomed by those who believed their jobs were protected from foreign competition. D. According to most economists it is a very beneficial process where gains ...
... B. It has created new threats for businesses accustomed to dominating their domestic markets. C. It is transforming industries and is highly welcomed by those who believed their jobs were protected from foreign competition. D. According to most economists it is a very beneficial process where gains ...
NAFTA: What`s Next - Scotia Capital
... Investment flows within the region have also increased significantly. Mexico has been a clear beneficiary of expanded foreign direct investment (FDI), with the average annual inflow soaring to US$10.6 billion over the past twenty years, more than a fivefold surge from the decade prior to NAFTA. Mean ...
... Investment flows within the region have also increased significantly. Mexico has been a clear beneficiary of expanded foreign direct investment (FDI), with the average annual inflow soaring to US$10.6 billion over the past twenty years, more than a fivefold surge from the decade prior to NAFTA. Mean ...
B. Trends in international trade
... The importance of inland waterways was soon eclipsed by the railway boom. The world’s first rail line, the Stockton and Darlington Railway, opened in 1825, and was soon copied, not just throughout Britain, but in Belgium, France, Germany and the rest of Western Europe. The explosion of railways was ...
... The importance of inland waterways was soon eclipsed by the railway boom. The world’s first rail line, the Stockton and Darlington Railway, opened in 1825, and was soon copied, not just throughout Britain, but in Belgium, France, Germany and the rest of Western Europe. The explosion of railways was ...
growth in the fast lane - Emerald Group Publishing
... economic structure and propelling growth. While many factors have contributed to China’s outperformance in global trade, one of the most important, in our view, is the country’s strong adherence to economic openness policies. This can be seen in the creation of Special Economic Zones (SEZs) in Shenz ...
... economic structure and propelling growth. While many factors have contributed to China’s outperformance in global trade, one of the most important, in our view, is the country’s strong adherence to economic openness policies. This can be seen in the creation of Special Economic Zones (SEZs) in Shenz ...
Theme 4 A global perspective
... held by foreign competitors (1 mark), who will clearly have a cost advantage over domestic firms. (1 mark) Hence tariff protection is required for a limited period (1 mark) until the domestic industry ‘learns the ropes’ and grows large enough to benefit from economies of scale (1 mark) and so surviv ...
... held by foreign competitors (1 mark), who will clearly have a cost advantage over domestic firms. (1 mark) Hence tariff protection is required for a limited period (1 mark) until the domestic industry ‘learns the ropes’ and grows large enough to benefit from economies of scale (1 mark) and so surviv ...
Democracy, Economic Freedom and Growth in Transition Economies
... of the strength of its democratic institutions. Indeed, every FSU country had a higher Freedom House score (weaker democratic institutions) in 2007 than in 1999. In contrast, only three of the remaining 13 countries in Table A2 had higher democracy index scores in 2007 than in 1999. All of the trans ...
... of the strength of its democratic institutions. Indeed, every FSU country had a higher Freedom House score (weaker democratic institutions) in 2007 than in 1999. In contrast, only three of the remaining 13 countries in Table A2 had higher democracy index scores in 2007 than in 1999. All of the trans ...
Global Investment: Salient Features and Policy Challenges by
... FDI flows in 2011 rose in all three sectors of production – primary, manufacturing and services. In services, FDI rebounded to some $570 billion after falling sharply in 2009 and 2010. Primary sector investment also reversed the negative trend of the previous two years, reaching $200 billion. The sh ...
... FDI flows in 2011 rose in all three sectors of production – primary, manufacturing and services. In services, FDI rebounded to some $570 billion after falling sharply in 2009 and 2010. Primary sector investment also reversed the negative trend of the previous two years, reaching $200 billion. The sh ...
Structural Change in an Open Economy
... across sectors. Second, differential sectoral productivity growth also affects labor allocations, again operating through specialization patterns. Third, lower trade costs spur income growth and strengthen the role of non-homothetic preferences in structural change. We calibrate our model to South ...
... across sectors. Second, differential sectoral productivity growth also affects labor allocations, again operating through specialization patterns. Third, lower trade costs spur income growth and strengthen the role of non-homothetic preferences in structural change. We calibrate our model to South ...
CONVERGENCE AND DIVERGENCE AMONG COUNTRIES Nasfi
... David leads to the conclusion that most liberalization episodes since the nineteenth century do not correspond to periods of convergence or divergence between nations, these authors challenge, in fact, the link between openness and convergence supposed by Ben David for the countries of the European ...
... David leads to the conclusion that most liberalization episodes since the nineteenth century do not correspond to periods of convergence or divergence between nations, these authors challenge, in fact, the link between openness and convergence supposed by Ben David for the countries of the European ...
G20 - Bundesfinanzministerium
... multinational corporations by achieving agreement on effective measures to prevent base erosion and profit shifting. Multinational corporations have been increasingly exploiting the differences between national taxation systems to reduce their own tax burden to a minimum. This not only leads to lowe ...
... multinational corporations by achieving agreement on effective measures to prevent base erosion and profit shifting. Multinational corporations have been increasingly exploiting the differences between national taxation systems to reduce their own tax burden to a minimum. This not only leads to lowe ...
View/Open
... This article seeks to explore the effects of food safety standards, specifically U.S. HACCP regulations, on U.S. exports of some seafood products, namely fish, mollusks, and shellfish. The hazards of seafood lie in the different food borne diseases inherent in various categories of seafood products. ...
... This article seeks to explore the effects of food safety standards, specifically U.S. HACCP regulations, on U.S. exports of some seafood products, namely fish, mollusks, and shellfish. The hazards of seafood lie in the different food borne diseases inherent in various categories of seafood products. ...
Fabrizio Carmignani School of Economics The University of Queensland
... allow the effect of natural resources to be different between SSA and the rest of the world (ROW) and to (ii) understand why natural resources are (eventually) a curse in SSA but not elsewhere. Our main findings can be summarized as follows. First, SSA does suffer from the resource curse while the r ...
... allow the effect of natural resources to be different between SSA and the rest of the world (ROW) and to (ii) understand why natural resources are (eventually) a curse in SSA but not elsewhere. Our main findings can be summarized as follows. First, SSA does suffer from the resource curse while the r ...
economic reforms and inflows of foreign direct investment in latin
... Economic reforms including changes in tax laws, trade liberalization, privatization, domestic financial reform, and removing barriers to international capital flows are all posited as crucial for drawing in foreign investment. While several important studies have researched the economic effects of F ...
... Economic reforms including changes in tax laws, trade liberalization, privatization, domestic financial reform, and removing barriers to international capital flows are all posited as crucial for drawing in foreign investment. While several important studies have researched the economic effects of F ...
See You in Geneva! - Yale Law School Legal Scholarship Repository
... composed of states maximizing their self-interest. Relative power distribution, in their view, is essential in government decision making in international trade. When applied to international trade law, realists predict that the WTO is nothing more than a forum for power politics. For instance, Stei ...
... composed of states maximizing their self-interest. Relative power distribution, in their view, is essential in government decision making in international trade. When applied to international trade law, realists predict that the WTO is nothing more than a forum for power politics. For instance, Stei ...
Finance and international trade: A review of the literature
... ratio of tangible assets to total assets, which proxies for the level of collateralizable assets. Using a sample of 5 000 firms in 9 developing countries over the period 2000-2005, they report that the three proxies have very little impact on the level of exports but a significant and positive effec ...
... ratio of tangible assets to total assets, which proxies for the level of collateralizable assets. Using a sample of 5 000 firms in 9 developing countries over the period 2000-2005, they report that the three proxies have very little impact on the level of exports but a significant and positive effec ...
International Trade and Open-Access Renewable Resources: The
... trade and open-access renewable resources. Our most striking result is that trade may be welfare reducing for a small open economy with an open-access resource. In most real economies the tradeablerenewableresource sector is not large enough to have more than a modest impact on aggregateeconomic per ...
... trade and open-access renewable resources. Our most striking result is that trade may be welfare reducing for a small open economy with an open-access resource. In most real economies the tradeablerenewableresource sector is not large enough to have more than a modest impact on aggregateeconomic per ...
LC and a LW
... labor to produce 1/aLW = 1/2 liter of wine. • If the domestic country does trade, it can use one hour of labor to produce 1/aLC = 1 kg of cheese, sell this amount to the foreign country at current prices to obtain 1 liter of wine. • If the foreign country does not trade, it can use one hour of labor ...
... labor to produce 1/aLW = 1/2 liter of wine. • If the domestic country does trade, it can use one hour of labor to produce 1/aLC = 1 kg of cheese, sell this amount to the foreign country at current prices to obtain 1 liter of wine. • If the foreign country does not trade, it can use one hour of labor ...
Maldives - the United Nations
... the eleventh highest EVI among a group of 130 developing countries, largely on account of the country’s high exposure to shocks due to the small size of its population (320 thousand), the share of population living in low elevated costal zones (100 per cent) and high export concentration. Informatio ...
... the eleventh highest EVI among a group of 130 developing countries, largely on account of the country’s high exposure to shocks due to the small size of its population (320 thousand), the share of population living in low elevated costal zones (100 per cent) and high export concentration. Informatio ...
NBER WORKING PAPER SERIES HAS GLOBALIZATION CHANGED INFLATION? Laurence M. Ball
... the import-GDP ratio to estimate the effect on inflation. Implicitly, the study assumes that the effect of trade on a sector’s nominal price equals the effect on its relative price. Equivalently, a change in one sector’s trade has no effect on nominal prices in other sectors. ...
... the import-GDP ratio to estimate the effect on inflation. Implicitly, the study assumes that the effect of trade on a sector’s nominal price equals the effect on its relative price. Equivalently, a change in one sector’s trade has no effect on nominal prices in other sectors. ...
Austria, Finland and Sweden in the European - Fritz Breuss
... In the fourth round of enlargement, Finland, Austria and Sweden joined the European Union on 1 January, 1995, bringing the number of member states to 15. The new members were all "rich" countries, whereas in the two preceding rounds with Greece (1981) and Portugal and Spain (1986) "poor" countries h ...
... In the fourth round of enlargement, Finland, Austria and Sweden joined the European Union on 1 January, 1995, bringing the number of member states to 15. The new members were all "rich" countries, whereas in the two preceding rounds with Greece (1981) and Portugal and Spain (1986) "poor" countries h ...
The American University in Cairo School of Business A Thesis Submitted to
... The main aim of this research is to examine the significance of several economic growth determinants to gauge their impact on Egypt‟s economic growth. This research uses annual time series analysis to assess the significance of several important variables on economic growth in Egypt for the period 1 ...
... The main aim of this research is to examine the significance of several economic growth determinants to gauge their impact on Egypt‟s economic growth. This research uses annual time series analysis to assess the significance of several important variables on economic growth in Egypt for the period 1 ...
Botswana, Exceptionality - Economics, Politics
... ascertaining public opinion ... The discussions are characterized by considerable freedom of speech, and if the occasion seems to call for it, the chief or his advisers may even be severely criticized.” Although one might be inclined to argue that these features were common to all pre-colonial Afric ...
... ascertaining public opinion ... The discussions are characterized by considerable freedom of speech, and if the occasion seems to call for it, the chief or his advisers may even be severely criticized.” Although one might be inclined to argue that these features were common to all pre-colonial Afric ...
S028580_en.pdf
... production system, working ‘on-line’ with other Ford subsidiaries around the world, assembling— with less than 50% local content, and with no domestic engineering efforts whatsoever—a ‘worldcar’ which has become something of a ‘commodity’. Though the productivity gap between the Argentine automobile ...
... production system, working ‘on-line’ with other Ford subsidiaries around the world, assembling— with less than 50% local content, and with no domestic engineering efforts whatsoever—a ‘worldcar’ which has become something of a ‘commodity’. Though the productivity gap between the Argentine automobile ...
CEEC_enlargement_NORWAY.PAP
... of substitution between inputs (McQuaid, 1986). The model structure such as a gravity model not surprisingly shows most benefits for the larger economies close to the new areas. This may possibly only partially reflect potential trade links, however, trading patterns before the Second World War supp ...
... of substitution between inputs (McQuaid, 1986). The model structure such as a gravity model not surprisingly shows most benefits for the larger economies close to the new areas. This may possibly only partially reflect potential trade links, however, trading patterns before the Second World War supp ...