Antitrust: Commission imposes € 169 million fine on freight forwarders for operating four price fixing cartels
Poor connectivity is conventionally blamed on difficult geography and low income. But economic isolation could also result from policy choices in key ‘linking’ services such as air transportation and...
Harold Demsetz, Toward a Theory of Property Rights, The American Economic Review, Vol. 57, No. 2, Papers and Proceedings of the Seventy-ninth Annual Meeting of the American Economic Association (May, 1967), pp. 347-359
Trade Liberalization and Regional Dynamics by Rafael Dix-Carneiro and Brian K. Kovak. Published in volume 107, issue 10, pages 2908-46 of American Economic Review, October 2017, Abstract: We study the evolution of trade liberalization's effects on Brazilian local labor markets. Regions facing larger...
Once concentrated among a few large economies, global flows of goods, services, and capital now reach an ever-larger number of countries worldwide. Global trade in goods and in services both increased 10 times between 1980 and 2011, while foreign direct investment (FDI) flows increased almost 30-fold. A value chain is global when some of these stages are carried out in more than one country, most notably when discrete tasks within a production process are fragmented and dispersed across a number of countries. Southern African Customs Union (SACU) - region global value chains (GVCs) are both a new reality and significant opportunity for expanding non-commodity exports to support growth, diversification, and job creation in the region. The task-based nature of GVCs creates opportunities for developing countries to establish very quickly a position in global trade within a sector in which they may have had no previous experience. For South Africa, GVCs are seen as a route to higher manufacturing exports and greater value addition. For other SACU countries, GVCs are seen as a route to diversification and global integration, and to leverage the possibility of greater investment from South Africa itself. The main objectives of the study are as follows: (i) to understand trends of GVC participation and competitiveness of South Africa and the wider SACU region, the outcomes from this participation (exports, jobs, and productivity), and the factors that determine competitiveness; (ii) to map the extent of value chain integration across the region and identify barriers to deeper integration; and (iii) to identify policies and actions that will be required to develop a globally competitive, high value-adding factory Southern Africa.
Using highly disaggregated firm-level customs data for imports and exports in Peru over the 2000–12 period, we explore the relationship between imports of intermediate inputs and firm export performa...
Rodrik, Dani. 2008. “The Real Exchange Rate and Economic Growth.” Brookings Papers on Economic Activity 39 (2): 365–439.
Detecting Learning by Exporting by Jan De Loecker. Published in volume 5, issue 3, pages 1-21 of American Economic Journal: Microeconomics, August 2013, Abstract: Learning by exporting refers to the mechanism whereby a firm's performance improves after entering export markets. This mechanism is of...
