Exporting Through Intermediaries Impact On Export Dynamics And Welfare

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Exporting Through Intermediaries Impact On Export Dynamics And Welfare
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Author : Parisa Kamali
language : en
Publisher: International Monetary Fund
Release Date : 2019-12-27
Exporting Through Intermediaries Impact On Export Dynamics And Welfare written by Parisa Kamali and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-12-27 with Business & Economics categories.
In many countries, a sizable share of international trade is carried out by intermediaries. While large firms tend to export to foreign markets directly, smaller firms typically export via intermediaries (indirect exporting). I document a set of facts that characterize the dynamic nature of indirect exporting using firm-level data from Vietnam and develop a dynamic trade model with both direct and indirect exporting modes and customer accumulation. The model is calibrated to match the dynamic moments of the data. The calibration yields fixed costs of indirect exporting that are less than a third of those of direct exporting, the variable costs of indirect exporting are twice higher, and demand for the indirectly exported products grows more slowly. Decomposing the gains from indirect and direct exporting, I find that 18 percent of the gains from trade in Vietnam are generated by indirect exporters. Finally, I demonstrate that a dynamic model that excludes the indirect exporting channel will overstate the welfare gains associated with trade liberalization by a factor of two.
Imf Research Bulletin Fall Winter 2019
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2019-12-20
Imf Research Bulletin Fall Winter 2019 written by International Monetary Fund. Research Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-12-20 with Business & Economics categories.
It has been two years since the trade tensions erupted and not only captured policymakers’ but also the research community’s attention. Research has quickly zoomed in on understanding trade war rhetoric, tariff implementation, and economic impacts. The first article in the December 2019 issue sheds light on the consequences of the recent trade barriers.
The Dynamics Of Growth In Emerging Economies
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Author : Arzu Akkoyunlu Wigley
language : en
Publisher: Routledge
Release Date : 2018-12-19
The Dynamics Of Growth In Emerging Economies written by Arzu Akkoyunlu Wigley and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-19 with Business & Economics categories.
How can Turkey increase its medium- and long-term growth potential? Despite episodes of fast growth, this has become a vital question for the Turkish economy, in order to avoid being stuck in a middle-income trap. There has been an increase in the number of studies presenting growth in Turkey and quantifying the sources of economic growth, however, due to the difference in the main underlying assumptions and the time period covered in these studies, the results differ. The second strand of literature on growth in Turkey identifies the relative underperformance of the Turkish economy by developing models with microeconomic foundations. Given the fact that there are a large number of studies investigating the macro dynamics of growth in Turkey, the book’s unique focus on the "neglected" issues in growth discussions closes the gap in the existing literature. It addresses the micro, macro, regional, and gender aspects, the environment–energy–growth nexus, as well as the microeconomic dynamics of growth. It also analyses the other significant determinants of long run growth in Turkey such as import dependency and saving-investment decision. The authors provide a macro overview of all of the precluded subjects in order to evaluate them in relation to one other, as well as to derive policy conclusions from them. This book primarily targets academics as well as graduate and undergraduate social sciences and humanities students both in Turkey and other countries. It is also a must read for researchers and policy makers not only in Turkey but also in other developing economies and is of interest to specialists of non-governmental and non-profit organizations.
Resourcing An Agroecological Urbanism
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Author : Chiara Tornaghi
language : en
Publisher: Routledge
Release Date : 2021-03-07
Resourcing An Agroecological Urbanism written by Chiara Tornaghi and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-07 with Social Science categories.
Foregrounding an innovative and radical perspective on food planning, this book makes the case for an agroecological urbanism in which food is a key component in the reinvention of new and just social arrangements and ecological practices. Building on state-of-the-art and participatory research on farming, urbanism, food policy and advocacy in the field of food system transformation, this book changes the way food planning has been conceptualised to date and invites the reader to fully embrace the transformative potential of an agroecological perspective. Bringing in dialogue from both the rural and urban, the producer and consumer, this book challenges conventional approaches that see them as separate spheres, whose problems can only be solved by a reconnection. Instead, it argues for moving away from a ‘food-in-the-city’ approach towards an ‘urbanism’ perspective, in which the economic and spatial processes that currently drive urbanisation will be unpacked and dissected, and new strategies for changing those processes into more equal and just ones are put forward. Drawing on the nascent field of urban political agroecology, this text brings together: i) theoretical re-conceptualisations of urbanism in relation to food planning and the emergence of new agrarian questions, ii) critical analysis of experimental methodologies and performing arts for public dialogue, reflexivity and food sovereignty research, iii) experiences of resourceful land management, including urban land use and land tenure change, and iv) theoretical and practical exploration of post-capitalist economics that bring consumers and producers together to make the case for an agroecological urbanism. Aimed at advanced students and academics in agroecology, sustainable food planning, urban geography, urban planning and critical food studies, this book will also be of interest to professionals and activists working with food systems in both the Global North and the Global South.
Breaking Into New Markets
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Author : Richard Newfarmer
language : en
Publisher: World Bank Publications
Release Date : 2009-03-12
Breaking Into New Markets written by Richard Newfarmer and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-03-12 with Political Science categories.
International trade in 2009 is projected to contract for the first time since 1982. As a result, export diversifi cation has gained new urgency as one way of using exports to recover lost growth momentum. Moreover, diversifi cation is central to reducing income volatility and sustaining high growth rates, which are especially important for countries with large populations living in poverty. In the 1950s, countries became concerned that their dependence on primary products would lead to steady falls in the purchasing power of primary exports and thus slow growth. A major policy objective of developing countries since that time has been to diversify out of primary products into manufactures. Although some nations have been at least partially successful, many low-income countries remain dependent on a narrow range of primary products. 'Breaking Into New Markets' argues for a comprehensive view of diversifi cation. It explores new thinking and evidence about export diversifi cation and elaborates on policies for its promotion. These policies span tariffs and taxes, services, and government activities to help fi rms take advantage of global opportunities. The book is a compilation of chapters written as short, policy-focused pieces. Many digest longer, more academic papers in an effort to make the information accessible to a larger policy and nontechnical audience. In that sense, the book is a policy primer on what export diversifi cation can and cannot do for growth and how to make diversifi cation happen. Intelligently designed policies that effi ciently address the obstacles to export growth are critical for overall economic growth and poverty reduction. This book offers insights useful to policy makers and practitioners as they embark on efforts to design new programs of competitiveness in their trade strategies.
Agricultural Trade Policy And Food Security In The Caribbean
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Author : Deep Ford
language : en
Publisher: Food & Agriculture Org.
Release Date : 2007-01-01
Agricultural Trade Policy And Food Security In The Caribbean written by Deep Ford and has been published by Food & Agriculture Org. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-01-01 with Political Science categories.
Agricultural trade is a major factor determining food security in Caribbean countries. In these small open economies, exports are essential, whilst imports provide a large part of the food supply. This book examines various dimensions of trade policy and related issues and suggests policies to address trade and food security and rural development linkages. It is as a guide and reference documents for agricultural trade policy analysts, trade negotiators, policy-makers and planners in both the public and private sectors.
Globalization Trade And Poverty In Ghana
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Author : Charles Ackah
language : en
Publisher: IDRC
Release Date : 2012
Globalization Trade And Poverty In Ghana written by Charles Ackah and has been published by IDRC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.
Citing a paucity of empirical evidence on the poverty and distributional impacts of trade policy reform in Ghana as the main motivation for this volume, the editors (both of the Institute of Statistical, Social and Economic Research at the U. of Ghana) present eleven papers that combine theory and econometric analysis in an effort to assess linkages between globalization, trade, and poverty (including gendered aspects). Specific topics examined include manufacturing employment and wage effects of trade liberalization; the influence of education on trade liberalization impacts on household welfare; trade liberalization and manufacturing firm productivity; the impact of elimination of trade taxes on poverty and income distribution; food prices, tax reforms, and consumer welfare under trade liberalization; impacts on tariff revenues; and impacts on cash cropping, gender, and household welfare; Distributed in the US by Stylus. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com).
The Dynamics Of Asian Financial Integration
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Author : Michael Devereux
language : en
Publisher: Routledge
Release Date : 2011-05-03
The Dynamics Of Asian Financial Integration written by Michael Devereux and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-05-03 with Business & Economics categories.
The ongoing global financial crisis has manifested a remarkable degree of global financial integration—and its implications—for emerging Asian financial markets. The current crisis will not and should not deter the progress that the region has made toward financial openness and integration. However, events like this clearly demonstrate that financial liberalization and integration is not without risks. Hence, emerging Asian economies' growing financial ties have motivated us to look closer at the repercussions of increased financial integration and evaluate the benefits of risk sharing and better access to international capital markets against the costs of cross-border financial contagion. The crisis also presents a timely opportunity for the region’s policy makers to rethink their strategies for financial deregulation and liberalization and to reconsider a next step to integrate emerging East Asia’s financial markets further. However, doing so requires deeper understanding of financial market integration. While much has been said in both academic and policy circles about financial globalization and regional financial integration as separate areas of study, existing research has been relatively silent on the dynamics between these two distinctive forces. The book addresses this gap in financial literature and assesses financial integration in emerging East Asia at both regional and global levels. The publication studies the factors driving the progress of regional financial integration in relation to financial globalization and identifies the relevant policy challenges facing emerging market economies in the region. Chapters look into three broad aspects of regional and global financial market integration: (i) measurement of regional and global financial integration, (ii) understanding dynamics of regional financial integration versus global financial integration, and (iii) welfare implications from regional financial market integration amid financial globalization. Against this context, academics, policy makers, and other readers will appreciate the rigorous research contribution provided by the book.
Organizational Innovation And It Governance In Emerging Economies
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Author : Zhao, Jingyuan
language : en
Publisher: IGI Global
Release Date : 2014-11-30
Organizational Innovation And It Governance In Emerging Economies written by Zhao, Jingyuan and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-30 with Business & Economics categories.
As technology grows as the largest source of modern economic growth, the emergence of new models is currently challenging the standard western model of organizational management. Companies from all over the world have succeeded in creating emerging economies with these new models and are now competing with established multinational corporations. Organizational Innovation and IT Governance in Emerging Economies develops a methodological framework that supports new approaches of technological innovation by companies. This reference book provides contributions from experts in emerging economies, highlighting specific case studies of home grown companies from these emerging markets, offering lessons on how traditional multinationals can compete with these new companies for policymakers, government officers, academics, researchers, students, and practitioners.
Fixing Global Finance
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Author : Martin Wolf
language : en
Publisher: JHU Press
Release Date : 2010-04-01
Fixing Global Finance written by Martin Wolf and has been published by JHU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-01 with Business & Economics categories.
Since 2008, when Fixing Global Finance was first published, the collapse of the housing and credit bubbles of the 2000s has crippled the world’s economy. In this updated edition, Financial Times columnist Martin Wolf explains how global imbalances helped cause the financial crises now ravaging the U.S. economy and outlines steps for ending this destructive cycle—of which this is the latest and biggest. An expanded conclusion recommends near- and long-term measures to stabilize and protect financial markets in the future. Reviewing global financial crises since 1980, Wolf lays bare the links between the microeconomics of finance and the macroeconomics of the balance of payments, demonstrating how the subprime lending crisis in the United States fits into a pattern that includes the economic shocks of 1997, 1998, and early 1999 in Latin America, Russia, and Asia. He explains why the United States became the “borrower and spender of last resort,” makes the case that this was an untenable arrangement, and argues that global economic security depends on radical reforms in the international monetary system and the ability of emerging economies to borrow sustainably in domestic currencies. Sharply and clearly argued, Wolf’s prescription for fixing global finance illustrates why he has been described as "the world's preeminent financial journalist."