The Export –Driven Growth in China: Implications for
... resources, land, and the environment; and managed the exchange rate. In this policy setting, investment reached a very high share of GDP while industry rather than services drove much of the growth. With the link between production and consumption loosened by access to the open multilateral trading ...
... resources, land, and the environment; and managed the exchange rate. In this policy setting, investment reached a very high share of GDP while industry rather than services drove much of the growth. With the link between production and consumption loosened by access to the open multilateral trading ...
Balance of payments
... • 1950s – U.S. companies began to export and make significant investments in overseas marketing and production facilities • 1960s – U.S. multinational corporations (MNCs) faced major challenges on two fronts – Resistance to direct investment – Increasing competition in export markets ...
... • 1950s – U.S. companies began to export and make significant investments in overseas marketing and production facilities • 1960s – U.S. multinational corporations (MNCs) faced major challenges on two fronts – Resistance to direct investment – Increasing competition in export markets ...
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... in recent years have indeed the best frameworks to innovate. Even if different international organizations – European Commission and OECD, for example – have conducted a range of very useful benchmarking exercises in the area of innovation2 (European Com- ...
... in recent years have indeed the best frameworks to innovate. Even if different international organizations – European Commission and OECD, for example – have conducted a range of very useful benchmarking exercises in the area of innovation2 (European Com- ...
2. Institutions and their role in economic growth. Theoretical
... also the use of markets and the signalling role of prices. But these are only few of the institutions that matter in the process of economic growth. Which are others? A very systematic and thorough definition and classification of institutions was provided by Rodrik. He says it might be useful to th ...
... also the use of markets and the signalling role of prices. But these are only few of the institutions that matter in the process of economic growth. Which are others? A very systematic and thorough definition and classification of institutions was provided by Rodrik. He says it might be useful to th ...
... as it suits for explaining trade patterns between any number of national and interregional economies. There are some neoclassical growth models with international trade. For instance, Oniki and Uzawa (1965) and Bardhan (1965) study trade patterns between two economies in the Heckscher-Ohlin modeling ...
Can Neoclassical Economics Underpin the Reform of Centrally
... further an agent's own welfare or where acquiring and transmitting information is costly. The importance of this finding here is that it reopens one of the central questions of the socialist controversy of the 1930s (Grossman and Stiglitz, 1976, p. 252; Holmstrom, 1985, p. 207): what are the relativ ...
... further an agent's own welfare or where acquiring and transmitting information is costly. The importance of this finding here is that it reopens one of the central questions of the socialist controversy of the 1930s (Grossman and Stiglitz, 1976, p. 252; Holmstrom, 1985, p. 207): what are the relativ ...
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... Warr (1992) provides empirical evidence from 1987 which indicates that industries provided the greatest protection by Indonesia's current trade regime are those in which Indonesia's comparative advantage is least. Overcoming the rent seeking behavior of these least globally competitive (import compe ...
... Warr (1992) provides empirical evidence from 1987 which indicates that industries provided the greatest protection by Indonesia's current trade regime are those in which Indonesia's comparative advantage is least. Overcoming the rent seeking behavior of these least globally competitive (import compe ...
logistic capital management theories and theoretical aspects of
... theory and suggested marginal capital growth models are not used while examining the economic growth cycle and economic dynamics processes, but it should be noted that the logistic capital management theory and the new viewpoint of the authors that capital growth is limited – apparently shows that t ...
... theory and suggested marginal capital growth models are not used while examining the economic growth cycle and economic dynamics processes, but it should be noted that the logistic capital management theory and the new viewpoint of the authors that capital growth is limited – apparently shows that t ...
is the issue `competition vis-à-vis development`
... protect producers from unfair or restrictive trading practices by certain counterparts in the same market to reduce the level of competition in the given market. The Malawi Competition and Fair Trading Commission’s case for Malawi Telecommunications Limited (MTL) proposed acquisition of 60% shareho ...
... protect producers from unfair or restrictive trading practices by certain counterparts in the same market to reduce the level of competition in the given market. The Malawi Competition and Fair Trading Commission’s case for Malawi Telecommunications Limited (MTL) proposed acquisition of 60% shareho ...
Cross-Cultural and Global Communications
... The largest and most prominent of the Soviet republics, the Russian Soviet Federated Socialist Republic and its recently elected president Boris N. Yeltsin led the drive to independence Soviet leaders vacillated between threats of repression and promises of better treatment, but neither option c ...
... The largest and most prominent of the Soviet republics, the Russian Soviet Federated Socialist Republic and its recently elected president Boris N. Yeltsin led the drive to independence Soviet leaders vacillated between threats of repression and promises of better treatment, but neither option c ...
between the European Economic Community, ofthe one part, and
... EMPHASIZING the fundamental importance attached by the two Contracting Parties to consolidating and strengthening regional integration in the light of its potential for the development of the countries of the Central American Isthmus and as a key factor in contributing to the stability of the region ...
... EMPHASIZING the fundamental importance attached by the two Contracting Parties to consolidating and strengthening regional integration in the light of its potential for the development of the countries of the Central American Isthmus and as a key factor in contributing to the stability of the region ...
syllabus
... The chapter discusses various instruments of trade policy including tariffs, quotas, voluntary export restraints, and local content requirements. The effects of these policies on prices and trade volumes are determined in the context of a partial equilibrium framework. b) Controversies in Trade Poli ...
... The chapter discusses various instruments of trade policy including tariffs, quotas, voluntary export restraints, and local content requirements. The effects of these policies on prices and trade volumes are determined in the context of a partial equilibrium framework. b) Controversies in Trade Poli ...
OGetting_I...nneth
... CONTRIBUTING FACTOR: Role of local media (no objectivity, not independent) 1970s & 1980s: economic conditions worsen → blaming “the others” (ethnicity!) → rise of ethno-chauvinists (other ethnic groups attack threats → ownership & resources access) Radicalization: rise of ethnic militias → to substi ...
... CONTRIBUTING FACTOR: Role of local media (no objectivity, not independent) 1970s & 1980s: economic conditions worsen → blaming “the others” (ethnicity!) → rise of ethno-chauvinists (other ethnic groups attack threats → ownership & resources access) Radicalization: rise of ethnic militias → to substi ...
Planned economic contraction: the emerging
... rather than tangibility, was the true standard of production and wealth, by which he meant that the economic significance of a thing lay not in its nature or in how much labou ...
... rather than tangibility, was the true standard of production and wealth, by which he meant that the economic significance of a thing lay not in its nature or in how much labou ...
Stephen L. Parente Edward C. Prescott Working
... Money Workshop for stimulating discussion. The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis, the University of Minnesota, the Federal Reserve System or the U.S. Department of Justice. This paper is part of NBER's research progra ...
... Money Workshop for stimulating discussion. The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis, the University of Minnesota, the Federal Reserve System or the U.S. Department of Justice. This paper is part of NBER's research progra ...
The need to reintegrate the natural sciences into economics
... biological scientists, may have particular views on this or that economic policy, but few question the legitimacy of economics as a tool. We believe that, paraphrasing the great Prussian military historian Karl von Clausewitz, economics is too important to leave to the economists, and that natural s ...
... biological scientists, may have particular views on this or that economic policy, but few question the legitimacy of economics as a tool. We believe that, paraphrasing the great Prussian military historian Karl von Clausewitz, economics is too important to leave to the economists, and that natural s ...
1 - Economics
... 1-3) For which product does Indonesia have comparative advantage? Indonesia has Comparative Advantage in Shirt production because her opportunity cost of Shirt is lower than that in Malaysia 1-4) Draw a graph showing production possibility frontier of Malaysia and Indonesia. Have Shirt production of ...
... 1-3) For which product does Indonesia have comparative advantage? Indonesia has Comparative Advantage in Shirt production because her opportunity cost of Shirt is lower than that in Malaysia 1-4) Draw a graph showing production possibility frontier of Malaysia and Indonesia. Have Shirt production of ...
Economic sustainability of the economy: concepts and
... possibilities and thus violate the first law of thermodynamics, mass balance (Daly, 1997). In other words, continuous and indefinitely (or at least long-term) sustained growth is – often implicitly – assumed to be a part of the concept of sustainable development of the economy by most authors. Growt ...
... possibilities and thus violate the first law of thermodynamics, mass balance (Daly, 1997). In other words, continuous and indefinitely (or at least long-term) sustained growth is – often implicitly – assumed to be a part of the concept of sustainable development of the economy by most authors. Growt ...
13 EU
... been with almost all free trade agreements that have been signed within the WTO framework. Agriculture is the only section that was not negotiated trilaterally; instead, three separate agreements were signed between each pair of parties. The Canada-U.S. agreement contains significant restrictions an ...
... been with almost all free trade agreements that have been signed within the WTO framework. Agriculture is the only section that was not negotiated trilaterally; instead, three separate agreements were signed between each pair of parties. The Canada-U.S. agreement contains significant restrictions an ...
Cities and the Creative Class
... If we postulate only the usual list of economic forces, cities should fly apart. The theory of production contains nothing to hold a city together. A city is simply a collection of factors of production—capital, people and land—and land is always far cheaper outside cities than inside. . . . It seem ...
... If we postulate only the usual list of economic forces, cities should fly apart. The theory of production contains nothing to hold a city together. A city is simply a collection of factors of production—capital, people and land—and land is always far cheaper outside cities than inside. . . . It seem ...
Chapter 18 International Trade
... What “fudge factor” guarantees the balance of payments account do, in fact, balance? ...
... What “fudge factor” guarantees the balance of payments account do, in fact, balance? ...
Step 3: Generate a Research Hypothesis
... Also, we will ask you to think of a hypothesis for this research. Which theories guided the research. A central theoretical consideration comes from the well-known paper “Economic action, social structure and embeddedness” by Mark Granovetter published 1985 in the American Journal of Sociology. The ...
... Also, we will ask you to think of a hypothesis for this research. Which theories guided the research. A central theoretical consideration comes from the well-known paper “Economic action, social structure and embeddedness” by Mark Granovetter published 1985 in the American Journal of Sociology. The ...
Global Future Council on the Future of International Trade
... roughly flat for two years, a collective result of sluggish GDP growth in major economies, the fact that local-sourcing within value chains has accelerated in various regions, especially in Asia, and the accumulation of small-bore trade-restricting measures since 2009. But policy is not the only det ...
... roughly flat for two years, a collective result of sluggish GDP growth in major economies, the fact that local-sourcing within value chains has accelerated in various regions, especially in Asia, and the accumulation of small-bore trade-restricting measures since 2009. But policy is not the only det ...
speech - Europa.eu
... credible ownership at all levels. And we need strong and true coordination in the economic field. The Lisbon Treaty gives us these instruments, and we will use them. In this Informal European Council I saw that there was more awareness of the problem. I can compare with five years ago. I can see muc ...
... credible ownership at all levels. And we need strong and true coordination in the economic field. The Lisbon Treaty gives us these instruments, and we will use them. In this Informal European Council I saw that there was more awareness of the problem. I can compare with five years ago. I can see muc ...
Development economics
Development economics is a branch of economics which deals with economic aspects of the development process in low-income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health and education and workplace conditions, whether through public or private channels.Development economics involves the creation of theories and methods that aid in the determination of policies and practices and can be implemented at either the domestic or international level. This may involve restructuring market incentives or using mathematical methods such as inter-temporal optimization for project analysis, or it may involve a mixture of quantitative and qualitative methods.Unlike in many other fields of economics, approaches in development economics may incorporate social and political factors to devise particular plans. Also unlike many other fields of economics, there is no consensus on what students should know. Different approaches may consider the factors that contribute to economic convergence or non-convergence across households, regions, and countries.