Trends in International Trade in Manufactured Goods and Structural Change in the Industrial Countries

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ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Trends in International Trade in Manufactured Goods and Structural Change in the Industrial Countries by : Bela Balassa

Download or read book Trends in International Trade in Manufactured Goods and Structural Change in the Industrial Countries written by Bela Balassa and published by . This book was released on 1984 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines recent trends in trade in manufactured goods between the industrial and the developing countries and indicates the implications of these trends for structural change in the industrial countries. Part I provides information on changes over time in the current dollar value of trade in manufactured goods between the industrial and the developing countries. It further analyzes trends in the volume of trade in manufactured goods and the relative importance of trade with the developing countries for the manufacturing sector of the industrial nations. The commodity composition of trade in manufactured goods between the industrial and the developing countries is the subject of Part II. It examines the changing importance of trade in a seven commodity-group breakdown and covers the employment effects and conformity to the comparative advantage of the two groups of countries. The paper concludes with policy recommendations aimed at promoting international trade and structural change.

Trends in International Trade in Manufactured Goods and Structural Change in the Industrial Countries

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ISBN 13 : 9780821302514
Total Pages : 32 pages
Book Rating : 4.3/5 (25 download)

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Book Synopsis Trends in International Trade in Manufactured Goods and Structural Change in the Industrial Countries by : Bela A. Balassa

Download or read book Trends in International Trade in Manufactured Goods and Structural Change in the Industrial Countries written by Bela A. Balassa and published by . This book was released on 1984 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Changing Patterns of Global Trade

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Publisher : International Monetary Fund
ISBN 13 : 1463973101
Total Pages : 87 pages
Book Rating : 4.4/5 (639 download)

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Book Synopsis Changing Patterns of Global Trade by : Nagwa Riad

Download or read book Changing Patterns of Global Trade written by Nagwa Riad and published by International Monetary Fund. This book was released on 2012-01-15 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.

Multisector Growth Models

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Publisher : Springer Science & Business Media
ISBN 13 : 0387773584
Total Pages : 333 pages
Book Rating : 4.3/5 (877 download)

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Book Synopsis Multisector Growth Models by : Terry L. Roe

Download or read book Multisector Growth Models written by Terry L. Roe and published by Springer Science & Business Media. This book was released on 2009-10-03 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary objective of this book is to advance the state of the art in specifying and ?tting to data structural multi-sector dynamic macroeconomic models, and empirically implementing them. The fundamental construct upon which we build is the Ramsey model. A most attractive feature of this model is the insights it provides into the dynamics of an economy in tr- sition to long-run equilibrium. With some exceptions, Ramsey models are highly aggregated – typically single sector models. However, interest often lies in understanding the forces of e- nomic growth across multiple sectors of an economy and on how policy impacts likely play out over time. Such analyses call for moredisaggregatedmodelsthatcanbe?ttocountryorregional data.Thisbookshowshowto:(i)extendthebasicmodeltom- tiple sectors, (ii) how to adapt the basic model to account for policy instruments, and (iii) ?t the model to data, and obtain equilibrium values both forward and backward in time from the data points to which the model is initially ?t.

The Future of the World Economy

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Publisher : Springer Science & Business Media
ISBN 13 : 3662025868
Total Pages : 680 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis The Future of the World Economy by : Wilhelm Krelle

Download or read book The Future of the World Economy written by Wilhelm Krelle and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth and structural change - the future of the world economy - is analysed in this book. Conditional forecasts are given for the economic development of the most important world market countries till the year 2000. The driving forces of economic growth are identified and forecasted, in connection with collaborating scholars in most of these countries and with international organizations. This information is used in solving a coherent world model. The model consists of linked growth models for each country (or groups of countries). The solutions show that the inequality in international income distribution will further increase and that the CMEA and OECD countries will approximately keep their relative positions, with some changes within these groups. Structural change is also analysed. Additionally separate forecasts prepared by each collaborating country group are given and may be compared with the forecasts by the world model. The book closes with chapters on special features of the future economic development: on the international debt problem, on long waves, on structural change in the world trade, on the emergence of service economics and on the comparison of GDP and NMP national accounting.

International Trade Modelling

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Publisher : CRC Press
ISBN 13 : 9780412450006
Total Pages : 386 pages
Book Rating : 4.4/5 (5 download)

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Book Synopsis International Trade Modelling by : m Dagenais

Download or read book International Trade Modelling written by m Dagenais and published by CRC Press. This book was released on 1992-06-01 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, international trade has become a subject of increaed practical importance and also one of the most intellectually exciting parts of economics. In his introduction to this volume, Paul Krugman outlines why this is so, by analysing the original contribution of the New Trade Theory in interpreting and explaining the observed trade behaviour of the past twenty years. Then follow sections which discuss: formal tests of the New Trade Theory, Price Discrimination and Exchange Rate, as well as New Protectionism, measures of Comparative Advantages and Import Demand in industrialized and developing countries. Some chapters also use GCE models to evaluate Trade Protectionism, while others encompass External Trade within aggregate Disequilibrium Models.

Structural Changes in World Industry

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ISBN 13 :
Total Pages : 150 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Structural Changes in World Industry by : Chad Leechor

Download or read book Structural Changes in World Industry written by Chad Leechor and published by . This book was released on 1983 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1966 and 1980 world industrial production and trade exhibited substantial growth. In constant prices, world industrial output approximately doubled and world trade in manufactured goods tripled. However, this growth was not evenly spread over time, across countries and across industries, and was accompanied by major structural changes. Industries requiring relatively high technology and skill levels in the production processes showed the most vigorous expansion; two such industries, the chemical and machinery industries, together accounted for 67 percent of the growth in total world industrial output. Amongst the country groups, the more developed market economies remained predominant in both production and trade, accounting for 50 percent of the total world growth in output and 82 percent of trade. Developing countries exhibited high growth in most industrial branches and relatively rapid structural transformation, and made a major gain in the exports of manufactured goods. Centrally planned economies showed a combination of high growth rates and relative stability in production, but their role in world trade diminished. In all industrial branches and for all country groups, growth rates declined sharply between the periods before and after 1973.

The Factory-Free Economy

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Publisher : Oxford University Press
ISBN 13 : 0191084735
Total Pages : 360 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis The Factory-Free Economy by : Lionel Fontagné

Download or read book The Factory-Free Economy written by Lionel Fontagné and published by Oxford University Press. This book was released on 2017-03-01 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: De-industrialization, accelerated by the financial crisis, is a long term process. The comparative advantage of emerging economies shifted towards more advanced goods and their growing populations commanded an increasing share in global demand. This shift towards a factory-free economy in high income countries has drawn the attention of policy makers in North America and Europe. Some politicians have articulated alarming views, initiating mercantilist or 'beggar-thy-neighbour' cost-competitiveness policies. Yet companies that concentrate research and design innovations at home but no longer have any factories there may be the norm in the future. This volume proposes an economic analysis of this phenomenon and includes 11 contributions which complement each other and tackle the problem from different angles. The evidence in this book suggests that de-industrialization is a process that happens over time in all countries, even China. One implication is that criticism of China is not likely to provide a solution to these long term trends. Another implication is that the distinction between manufacturing and services is likely to become increasingly blurry. More manufacturing firms are engaging in services activities, and more wholesale firms are engaging in manufacturing. One optimistic perspective suggests that industrial country firms may be able to exploit the high-value added and skill-intensive activities associated with design and innovation, as well as distribution, which are all components of the global value chain for manufacturing. Although this ongoing transformation of the industrial economies may be consistent with evolving comparative advantage, it has significant short-run costs and requires far-sighted investments. These include the costs to workers who are caught in the shift from an industrial to a service economy, and the need to invest in new infrastructure and education to prepare coming generations for their changing roles.

Western Economies in Transition

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Publisher : Croom Helm
ISBN 13 :
Total Pages : 464 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Western Economies in Transition by : Irving Leveson

Download or read book Western Economies in Transition written by Irving Leveson and published by Croom Helm. This book was released on 1980 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph emanating from the Hudson Institute conference "Outlook and Policy for Industrial Structural Change in OECD countries", focusing on trends and changes in economic structure and economic policy issues - covers relations between technological change, economic growth and productivity, employment and economic implications of growing service sectors, capital formation and investment policy, international competition, trade policy, protectionism and adjustment alternatives, etc. Graphs and references. Conference held in Washington? 1979 Jan 25 and 26.

China's Changing Trade and the Implications for the CLMV

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Publisher : International Monetary Fund
ISBN 13 : 1475531710
Total Pages : 84 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis China's Changing Trade and the Implications for the CLMV by : Mr.Koshy Mathai

Download or read book China's Changing Trade and the Implications for the CLMV written by Mr.Koshy Mathai and published by International Monetary Fund. This book was released on 2016-09-01 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s trade patterns are evolving. While it started in light manufacturing and the assembly of more sophisticated products as part of global supply chains, China is now moving up the value chain, “onshoring” the production of higher-value-added upstream products and moving into more sophisticated downstream products as well. At the same time, with its wages rising, it has started to exit some lower-end, more labor-intensive sectors. These changes are taking place in the broader context of China’s rebalancing—away from exports and toward domestic demand, and within the latter, away from investment and toward consumption—and as a consequence, demand for some commodity imports is slowing, while consumption imports are slowly rising. The evolution of Chinese trade, investment, and consumption patterns offers opportunities and challenges to low-wage, low-income countries, including China’s neighbors in the Mekong region. Cambodia, Lao P.D.R., Myanmar, and Vietnam (the CLMV) are all open economies that are highly integrated with China. Rebalancing in China may mean less of a role for commodity exports from the region, but at the same time, the CLMV’s low labor costs suggest that manufacturing assembly for export could take off as China becomes less competitive, and as China itself demands more consumption items. Labor costs, however, are only part of the story. The CLMV will need to strengthen their infrastructure, education, governance, and trade regimes, and also run sound macro policies in order to capitalize fully on the opportunities presented by China’s transformation. With such policy efforts, the CLMV could see their trade and integration with global supply chains grow dramatically in the coming years.

Trade Patterns and Global Value Chains in East Asia

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Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.:/5 (745 download)

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Book Synopsis Trade Patterns and Global Value Chains in East Asia by : World Trade Organization

Download or read book Trade Patterns and Global Value Chains in East Asia written by World Trade Organization and published by . This book was released on 2011 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Trends 2040

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Publisher : Cosimo Reports
ISBN 13 : 9781646794973
Total Pages : 158 pages
Book Rating : 4.7/5 (949 download)

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Book Synopsis Global Trends 2040 by : National Intelligence Council

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Does What You Export Matter?

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Publisher : World Bank Publications
ISBN 13 : 0821384910
Total Pages : 153 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Does What You Export Matter? by : Daniel Lederman

Download or read book Does What You Export Matter? written by Daniel Lederman and published by World Bank Publications. This book was released on 2012-06-18 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book approaches these questions from a variety of conceptual and policy viewpoints. Reviewing the theoretical arguments in favor of industrial policies, the authors first ask whether existing indicators allow policy makers to identify growth-promoting sectors with confidence. To this end, they assess, and ultimately cast doubt upon, the reliability of many popular indicators advocated by proponents of industrial policy. Second, and central to their critique, the authors document extraordinary differences in the performance of countries exporting seemingly identical products, be they natural resources or 'high-tech' goods. Further, they argue that globalization has so fragmented the production process that even talking about exported goods as opposed to tasks may be misleading. Reviewing evidence from history and from around the world, the authors conclude that policy makers should focus less on what is produced, and more on how it is produced. They analyze alternative approaches to picking winners but conclude by favoring 'horizontal-ish' policies--for instance, those that build human capital or foment innovation in existing and future products—that only incidentally favor some sectors over others.

Trade in the 21st Century

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Publisher : Brookings Institution Press
ISBN 13 : 0815729057
Total Pages : 309 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Trade in the 21st Century by : Bernard M. Hoekman

Download or read book Trade in the 21st Century written by Bernard M. Hoekman and published by Brookings Institution Press. This book was released on 2021-01-19 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite troubled trade negotiations, global trade—and trade policy—will thrive in the twenty-first century, but with a bow to the past. Is the multilateral trading order of the twentieth century a historical artifact? Was the creation of the World Trade Organization in 1995 the high point of multilateral cooperation on trade? This new volume, edited by Bernard M. Hoekman and Ernesto Zedillo, assesses the relevance of the WTO in the context of the rise of China and the United States' turn toward unilateral protectionism. The contributors adopt a historical perspective to discuss changes in global trade policy trends, adducing lessons from the past to help understand current trade tensions. Topics include responses to U.S. protectionism under the Trump administration, the policy dimensions of trade in services and the rise of the digital economy, how to strengthen the WTO to better negotiate new rules of the game and adjudicate disputes, managing China's integration into the global trade system, and the implications of global value chains for economic development policies. By reflecting on past episodes of protectionism and how they were resolved, Trade in the 21st Century provides both context and guidance on how trade challenges can be addressed in the coming decades.

The Global Trade Slowdown

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Publisher : International Monetary Fund
ISBN 13 : 1498399134
Total Pages : 44 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis The Global Trade Slowdown by : Cristina Constantinescu

Download or read book The Global Trade Slowdown written by Cristina Constantinescu and published by International Monetary Fund. This book was released on 2015-01-21 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.

Key Statistics and Trends in International Trade 2020

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Publisher :
ISBN 13 : 9789211130102
Total Pages : 30 pages
Book Rating : 4.1/5 (31 download)

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Book Synopsis Key Statistics and Trends in International Trade 2020 by : United Nations Publications

Download or read book Key Statistics and Trends in International Trade 2020 written by United Nations Publications and published by . This book was released on 2021-04-30 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication is structured into two parts. The first part presents a short-term overview of the status of international trade using preliminary statistics on merchandise trade up to the third quarter of 2020. The second part provides illustrative statistics on international trade in goods and services covering the medium term. The second part is divided into two sections. Section 1 provides trade statistics at various levels of aggregation illustrating the evolution of trade across economic sectors and geographic regions. Section 2 presents some of the most used trade indicators at the country level, to illustrate trade performance across countries.

Industrial Growth and World Trade

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Publisher : [London] : Cambridge University Press
ISBN 13 :
Total Pages : 598 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Industrial Growth and World Trade by : Alfred Maizels

Download or read book Industrial Growth and World Trade written by Alfred Maizels and published by [London] : Cambridge University Press. This book was released on 1963 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt: