Sub-Saharan Africa and Europe in a globalizing world
... Allowing SSA policy space for economic diversification (through trade policy, subsidies, forms of “industrial” policies…). ...
... Allowing SSA policy space for economic diversification (through trade policy, subsidies, forms of “industrial” policies…). ...
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... the availability of venture capital, the amount invested in information and communication technologies (ICT), the general conditions in which firms operate as well as in their demographic developments. Even if the other indicators of innovation are considered, it can be shown that the average rankin ...
... the availability of venture capital, the amount invested in information and communication technologies (ICT), the general conditions in which firms operate as well as in their demographic developments. Even if the other indicators of innovation are considered, it can be shown that the average rankin ...
Alice Amsden’s impact on Latin America HeLen SHApiro JuAn CArLoS Moreno-Brid*
... trade, in the absence of the entire package, would subject domestic firms to an international competition that they couldn’t survive: “At market prices, many poor countries had no comparative advantage at all” (Amsden, 2001). This is an important message that simply got no attention from Latin Ameri ...
... trade, in the absence of the entire package, would subject domestic firms to an international competition that they couldn’t survive: “At market prices, many poor countries had no comparative advantage at all” (Amsden, 2001). This is an important message that simply got no attention from Latin Ameri ...
the global financial risks analysis in relation with systemic crisis
... acknowledged by the destination of 2000 milliards USD from national reserve, being just justified that will be further presented US Congress forum only (see The New York Times, 11th of November 2008). But, beyond the national interest imperative, these attitudes do not justify the disguised interven ...
... acknowledged by the destination of 2000 milliards USD from national reserve, being just justified that will be further presented US Congress forum only (see The New York Times, 11th of November 2008). But, beyond the national interest imperative, these attitudes do not justify the disguised interven ...
Industrial Policy Revisited: A New Structural Economics Perspective
... factor prices at that time, which in turn determine that specific time’s: – Comparative advantages of the economy, i.e., industries that have the lowest factor costs of production in the world – Optimal industrial structure (endogenous) is endogenous to endowment structure ...
... factor prices at that time, which in turn determine that specific time’s: – Comparative advantages of the economy, i.e., industries that have the lowest factor costs of production in the world – Optimal industrial structure (endogenous) is endogenous to endowment structure ...
View/Open
... that are associated with domestic agricultural production (Rosset, 2008; Patel, 2005 Lanoszka, 2009 pp 81-95), (ii) efforts to mitigate excessive market fluctuations (boom-bust cycles) inherent in agriculture as reflected in the theories of irreversible supply functions and asset fixity, (iii) corre ...
... that are associated with domestic agricultural production (Rosset, 2008; Patel, 2005 Lanoszka, 2009 pp 81-95), (ii) efforts to mitigate excessive market fluctuations (boom-bust cycles) inherent in agriculture as reflected in the theories of irreversible supply functions and asset fixity, (iii) corre ...
The Effects of Technological Spillover through FDI and Import Trade
... transmission combined with FDI did not obviously accelerate its productivity growth. A conclusion can be drawn from the literature review above that the researches to date mainly focus on the single factor’s effect on the technical innovation no matter from domestic or foreign perspective, and most ...
... transmission combined with FDI did not obviously accelerate its productivity growth. A conclusion can be drawn from the literature review above that the researches to date mainly focus on the single factor’s effect on the technical innovation no matter from domestic or foreign perspective, and most ...
labor market regulation and the legal system
... with E as the expectation operator. The government is interested in avoiding deviations of unemployment from zero, which is composed of exogenous developments u b, and negatively affected by an increase in its policy variable regulation θ. Moreover, the government is averse to deviations of labor ma ...
... with E as the expectation operator. The government is interested in avoiding deviations of unemployment from zero, which is composed of exogenous developments u b, and negatively affected by an increase in its policy variable regulation θ. Moreover, the government is averse to deviations of labor ma ...
PPTch04
... impossible to say a priori whether a move towards free trade will improve the situation, or that the introduction of a protectionist measure will worsen it. Under such conditions it is necessary to examine the specific case in question to decide on the most appropriate policy. ...
... impossible to say a priori whether a move towards free trade will improve the situation, or that the introduction of a protectionist measure will worsen it. Under such conditions it is necessary to examine the specific case in question to decide on the most appropriate policy. ...
The Economic Crisis from a Neoclassical Perspective
... business cycle model imposes four theoretical model relationships among output, labor, consumption, and investment. First, the production function imposes a relationship between production inputs and output. Second, a household time allocation decision between market time and leisure, that equat ...
... business cycle model imposes four theoretical model relationships among output, labor, consumption, and investment. First, the production function imposes a relationship between production inputs and output. Second, a household time allocation decision between market time and leisure, that equat ...
Industrialisation: Import Substitution to Export
... efficiency along the lines of comparative advantage; it would also reduce monopolistic conditions in domestic markets and reduce price markups. The objective of this paper is to study the role of trade strategies in industrialisation. The first three sections of this paper deal with trade strategies ...
... efficiency along the lines of comparative advantage; it would also reduce monopolistic conditions in domestic markets and reduce price markups. The objective of this paper is to study the role of trade strategies in industrialisation. The first three sections of this paper deal with trade strategies ...
International Trade - Federal Reserve Bank of St. Louis
... tive (when exports exceed imports), the country has a trade surplus. When net exports are negative (when imports exceed exports), the country has a trade deficit. 2) The capital and financial account: This account includes all of the country’s trade in assets with all other countries. There are two ...
... tive (when exports exceed imports), the country has a trade surplus. When net exports are negative (when imports exceed exports), the country has a trade deficit. 2) The capital and financial account: This account includes all of the country’s trade in assets with all other countries. There are two ...
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... developing countries because they give them a chance to catch up more quickly with the developed countries in terms of productivity. Former centrally planned economies, which missed out on many of the benefits of global trade because of their politically imposed isolation from market economies, toda ...
... developing countries because they give them a chance to catch up more quickly with the developed countries in terms of productivity. Former centrally planned economies, which missed out on many of the benefits of global trade because of their politically imposed isolation from market economies, toda ...
Trade and Foreign Direct Investment nexus in West Africa
... the complex interplay – empirical results differ across literature • The lack of consensus points to the need for evidence to support policies on trade and FDI promotion ...
... the complex interplay – empirical results differ across literature • The lack of consensus points to the need for evidence to support policies on trade and FDI promotion ...
The Political Economy of International Trade
... of some good that may be imported into a country. The quota restriction is usually enforced by issuing import licenses to a group of individuals or firms. A VER is a quota on trade imposed by the exporting country, typically at the request of the importing country’s government. Slide 6-9 Local Conte ...
... of some good that may be imported into a country. The quota restriction is usually enforced by issuing import licenses to a group of individuals or firms. A VER is a quota on trade imposed by the exporting country, typically at the request of the importing country’s government. Slide 6-9 Local Conte ...
Regional value chains in East Africa
... create web content that markets the region. Including local distribution intermediaries in each country can facilitate functional upgrading. While these efforts can be expanded, there are also new policies or approaches that are required to take full advantage of the opportunities presented in each ...
... create web content that markets the region. Including local distribution intermediaries in each country can facilitate functional upgrading. While these efforts can be expanded, there are also new policies or approaches that are required to take full advantage of the opportunities presented in each ...
Document
... 1. Some argue that some form of protection should be maintained because foreign competition can reduce employment in import-competing industries. 2. The solution to unemployment in import-competing industries is pursuing policies that will provide for full employment and policies that will help thos ...
... 1. Some argue that some form of protection should be maintained because foreign competition can reduce employment in import-competing industries. 2. The solution to unemployment in import-competing industries is pursuing policies that will provide for full employment and policies that will help thos ...
Institut für Wirtschaftspolitik, Pohligstr
... wave of globalisation after the phase of intensifying global economic relations in the 19th century. Even the public debate on globalisation and its consequences for (industrialised) countries hardly presents new arguments. Nevertheless, today, there is one new feature of globalisation, which was no ...
... wave of globalisation after the phase of intensifying global economic relations in the 19th century. Even the public debate on globalisation and its consequences for (industrialised) countries hardly presents new arguments. Nevertheless, today, there is one new feature of globalisation, which was no ...
Chapter 15 - Auburn University
... strategy they used in the home market or change it for each local market. Some global firms use a standardized advertising theme around the world with minor adaptations. Other firms follow a communication adaptation strategy by fully adapting an advertising message for local markets. Changes m ...
... strategy they used in the home market or change it for each local market. Some global firms use a standardized advertising theme around the world with minor adaptations. Other firms follow a communication adaptation strategy by fully adapting an advertising message for local markets. Changes m ...
Studying the Effects of Non-Tariff
... previous research, we used a gravity model to estimate the trade effect of non-tariff barriers imposed by importer countries on pistachios, raisins and shrimp exported by Iran. Results: NTBs had a negative impact on pistachio and shrimp exports and their effect was greater than that of tariffs; rais ...
... previous research, we used a gravity model to estimate the trade effect of non-tariff barriers imposed by importer countries on pistachios, raisins and shrimp exported by Iran. Results: NTBs had a negative impact on pistachio and shrimp exports and their effect was greater than that of tariffs; rais ...
Colonialism in the Theory of Growth
... vestment the out°ow of capital income: It is therefore given by x ¡ rx = ¡b, where b is the per capita trade balance. Others have instead referred to the \drain of wealth", which according to a strict de¯nition is captured by the quantity rx. In this paper, however, we will refer to a broader de¯nit ...
... vestment the out°ow of capital income: It is therefore given by x ¡ rx = ¡b, where b is the per capita trade balance. Others have instead referred to the \drain of wealth", which according to a strict de¯nition is captured by the quantity rx. In this paper, however, we will refer to a broader de¯nit ...
Document
... Answer: If point c is the production point with trade, then Albania has a comparative advantage in good B. Therefore, from the shape of the new production possibility frontier (as compared to the original one), this is clearly an export-biased growth. This ceteris paribus would tend to worsen Albani ...
... Answer: If point c is the production point with trade, then Albania has a comparative advantage in good B. Therefore, from the shape of the new production possibility frontier (as compared to the original one), this is clearly an export-biased growth. This ceteris paribus would tend to worsen Albani ...
Examining the Effects of Currency Depreciation on Trade Balance in
... These economies are lacking a wide range of substitutes for imported products implying a highly inelastic import demand function. Even if substitutes are available, “lags in recognition of the changed situation, in the decision to change real variables, in delivery time, in the replacement of invent ...
... These economies are lacking a wide range of substitutes for imported products implying a highly inelastic import demand function. Even if substitutes are available, “lags in recognition of the changed situation, in the decision to change real variables, in delivery time, in the replacement of invent ...
On the Nature of Centrally-Planned Economic Systems: Insights
... decisions provide a window on the rest of the economy . Trade data can b e used to test hypotheses about many elements of economic behavior, becaus e domestic decisions are reflected ultimately in changing patterns of import s and exports . Third, given that data on some variables is available for a ...
... decisions provide a window on the rest of the economy . Trade data can b e used to test hypotheses about many elements of economic behavior, becaus e domestic decisions are reflected ultimately in changing patterns of import s and exports . Third, given that data on some variables is available for a ...
the anatomy of a global financial crisis
... • the bank system being under a low level of regulation and poor supervision. This credit structure is developing, dynamic and constantly introducing new derivative investment products of high complexity. The risk of these products must be estimated as well as a constant control over new instrument ...
... • the bank system being under a low level of regulation and poor supervision. This credit structure is developing, dynamic and constantly introducing new derivative investment products of high complexity. The risk of these products must be estimated as well as a constant control over new instrument ...