Divergence Convergence And The Gains From Trade
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Divergence Convergence And The Gains From Trade
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Author : Saul H. Hymans
language : en
Publisher:
Release Date : 1995
Divergence Convergence And The Gains From Trade written by Saul H. Hymans and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.
Convergence Divergence And Changing Trade Patterns
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Author : Klaus Walde
language : en
Publisher:
Release Date : 2014-01-15
Convergence Divergence And Changing Trade Patterns written by Klaus Walde and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-15 with categories.
The Benefits Of Price Convergence
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Author : Gary Clyde Hufbauer
language : en
Publisher: Peterson Institute
Release Date : 2002
The Benefits Of Price Convergence written by Gary Clyde Hufbauer and has been published by Peterson Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
Price divergence is readily apparent to anyone who shops. Travelers from Manchester to London, or from Chicago to Paris, are hit by sticker shock. Products ranging from London Fog raincoats to Viagra are available over the Internet at half their retail store prices. Common experience tells us that prices for identical products differ between countries, between cities, even between neighboring shops. On the other hand, common experience also tells us that open markets and greater competition will force a degree of price convergence, if not identical prices. This monograph presents speculative calculations that illustrate potential benefits from price convergence between countries. The authors take a fresh look at global economic integration by examining existing price divergence, and possible price convergence, across a range of consumer goods and then calculate the potential benefits of price convergence on a country-by-country basis and for the world as a whole. This study examines the potential benefits from price convergence resulting from more competition and market integration, not perfect competition and market integration. The authors calculate these benefits assuming that the world economy can attain the same degree of competition and market integration-and hence price convergence-as exists within the United States.
Trade Development And Convergence Growth Rates
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Author : Theo S. Eicher
language : en
Publisher:
Release Date : 1995
Trade Development And Convergence Growth Rates written by Theo S. Eicher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.
Trade Development And Converging Growth Rates
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Author : Theo S. Eicher
language : en
Publisher:
Release Date : 1995
Trade Development And Converging Growth Rates written by Theo S. Eicher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Economic development categories.
International Economics A Heterodox Approach
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Author : Hendrik Van den Berg
language : en
Publisher: Routledge
Release Date : 2014-12-18
International Economics A Heterodox Approach written by Hendrik Van den Berg and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-18 with Business & Economics categories.
Now in its third edition, this textbook covers all of the standard topics taught in undergraduate International Economics courses. However, the book is unique in that it presents the key orthodox neoclassical models of international trade and investment, whilst supplementing them with a variety of heterodox approaches. This pluralist approach is intended to give economics students a more realistic understanding of the international economy than standard textbooks can provide.
Regional Integration Agreements
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Author : Anthony J. Venables
language : en
Publisher:
Release Date : 2016
Regional Integration Agreements written by Anthony J. Venables and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Developing countries may be better served by north-south than by south-south free trade agreements. Free trade agreements between low-income countries tend to lead to divergence in member country incomes, while agreements between high-income countries tend to lead to convergence.Venables examines how benefits - and costs - of a free trade area are divided among member countries.Outcomes depend on the member countries' comparative advantage, relative to one another and to the rest of the world.Venables finds that free trade agreements between low-income countries tend to lead to divergence in member country incomes, while agreements between high-income countries tend to lead to convergence.Changes induced by comparative advantage may be amplified by the effects of agglomeration.The results suggest that developing countries may be better served by north-south than by south-south free trade agreements, because north-south agreements increase their prospects for convergence with high-income members of the free trade area.In north-south free trade agreements, additional forces are likely to operate. The agreement may be used, for example, as a commitment mechanism to lock in economic reforms (as happened in Mexico with the North American Free Trade Agreement and in Eastern European countries with the European Union). A free trade agreement may also - through its effect on trade and through foreign direct investment - promote technology transfer to lower-income members.This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to study the effects of regional integration. The author may be contacted at [email protected].
Africa And Asia In Comparative Economic Perspective
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Author : P. Lawrence
language : en
Publisher: Springer
Release Date : 2001-05-14
Africa And Asia In Comparative Economic Perspective written by P. Lawrence and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-05-14 with Business & Economics categories.
This invaluable collection compares the relatively unsuccessful economic development of Subsaharan Africa with that of the successful Asian economies, especially the Asian 'tigers'. It covers three main areas of comparison: the lessons for Africa from the Asian experience; secondly, the comparisons of various aspects of economic development in Africa and Asia; and finally, convergence: how far the laggard economies are catching up with, or diverging away from, each other.
The Great Convergence
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Author : Richard Baldwin
language : en
Publisher: Harvard University Press
Release Date : 2016-11-14
The Great Convergence written by Richard Baldwin and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-11-14 with Business & Economics categories.
From 1820 to 1990 the share of world income going to today’s wealthy nations soared from 20% to 70%. That share has recently plummeted. Richard Baldwin shows how the combination of high tech with low wages propelled industrialization in developing nations, deindustrialization in developed nations, and a commodity supercycle that is petering out.
Great Divergence And Great Convergence
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Author : Leonid Grinin
language : en
Publisher: Springer
Release Date : 2015-05-09
Great Divergence And Great Convergence written by Leonid Grinin and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-05-09 with Business & Economics categories.
This new monograph provides a stimulating new take on hotly contested topics in world modernization and the globalizing economy. It begins by situating what is called the Great Divergence--the social/technological revolution that led European nations to outpace the early dominance of Asia--in historical context over centuries. This is contrasted with an equally powerful Great Convergence, the recent economic and technological expansion taking place in Third World nations and characterized by narrowing inequity among nations. They are seen here as two phases of an inevitable global process, centuries in the making, with the potential for both positive and negative results. This sophisticated presentation examines: Why the developing world is growing more rapidly than the developed world. How this development began occurring under the Western world's radar. How former colonies of major powers grew to drive the world's economy. Why so many Western economists have been slow to recognize the Great Convergence. The increasing risk of geopolitical instability. Why the world is likely to find itself without an absolute leader after the end of the American hegemony A work of rare scope, Great Divergence and Great Convergence gives sociologists, global economists, demographers, and global historians a deeper understanding of the broader movement of social and economic history, combined with a long view of history as it is currently being made; it also offers some thrilling forecasts for global development in the forthcoming decades.