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FDI–Growth Nexus in Emerging Economies: Role of Financial Sector Development Foreign Trade Review Pub Date : 2024-02-25 Pami Dua, Neha Verma
This paper examined the relationship between foreign direct investment (FDI) inflows and the growth rate in emerging and developing economies (EMDEs) and whether the development of the financial sector affects the growth-effect of FDI inflows for these economies. FDI enhances capital accumulation in the economy, and the level of financial sector development (FSD) affects the financial intermediation
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Role of Governance Quality in Remittances-poverty Relationship: New Insights from Transition Economies Foreign Trade Review Pub Date : 2024-01-11 Imtiyaz Ahmad Shah, Ghowhar Ahmad Wani
This study examines the moderating role of institutional quality on a remittance-poverty relationship using a panel of 16 transition economies for 2002–2020. The study used pooled mean group/autoregressive distributed lag estimation with unit root and cointegration tests. The poverty is proxied by household consumption expenditure. After establishing cointegration, remittances and institutional quality
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Effect of Trade and Industrialisation on Environmental Sustainability: The Case of African Countries Foreign Trade Review Pub Date : 2024-01-09 Richardson Kojo Edeme, Imide O. Israel, Ekene ThankGod Emeka, Azotani Christain Ogochukwu
This study explores the effect of trade and industrialisation on environmental sustainability in Africa. To achieve the study objective, the pooled mean group estimation strategy was employed on data from 1990 to 2019 for 38 selected African countries. Findings are indicative that trade has a negative and significant effect on ecological footprint in the long run. It is iemplied that trade enhancement
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How Is Institutional Quality Moderating the Effect of Terrorism on International Tourism, Trade, Foreign Aid Inflow and Economic Growth in Sub-Saharan Africa? Foreign Trade Review Pub Date : 2024-01-09 Christian Agu, Jonathan Emenike Ogbuabor, Benjamin Udoka Onah
This study examines how international tourism, foreign aid inflow, international trade and economic growth are responding to terrorism in Sub-Saharan Africa (SSA), and how institutions are moderating these interactions. To answer these questions, we examined a panel of 40 SSA countries for the period 2010–2020 based on the system generalised method of moments framework. Our results revealed that: (a)
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The Link Between Aid-for-Trade and Contingent Protection Foreign Trade Review Pub Date : 2023-05-11 Neha Bhardwaj Upadhayay
Foreign aid, in theory, is expected to mitigate constraints that impede the economic development of recipient countries. At the same time that help is committed, donors are seemingly taking actions...
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Impact of Exchange Rate on Trade Balance of India: Evidence from Threshold Cointegration with Asymmetric Error Correction Approach Foreign Trade Review Pub Date : 2023-04-15 Lingaraj Mallick, Smruti Ranjan Behera, Mita Bhattacharya
In this research, we investigate the dynamic relationship between the trade balance and exchange rate in the case of India using threshold cointegration and an asymmetric error-correction model. Em...
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Intensive and Extensive Margins of Export Diversification as Strategies for Sustainable Economic Growth: Evidence from the Nigerian Economy Foreign Trade Review Pub Date : 2023-04-03 Ademola Obafemi Young
Two opposite strands of literature analysing export diversification’s role in promoting sustainable growth have evolved in international economics and development, namely, the intensive and extensi...
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Globalisation and Inclusive Growth in Africa: The Role of Institutional Quality Foreign Trade Review Pub Date : 2023-04-03 Terver Theophilus Kumeka, Isiaka Akande Raifu, Oluwatosin Adeniyi
This study examines the relationship between globalisation and inclusive growth by considering the modulating role of institutional quality. To achieve our broad objective, we use data from 45 Afri...
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Comparative Performance of Trade Openness and Sovereign Debt Accumulation in Fostering Economic Growth of Sub-Saharan African Countries Foreign Trade Review Pub Date : 2023-04-01 Samson Edo
In the last four decades, sub-Saharan African countries have witnessed a substantial increase in trade openness and sovereign debt (foreign public debt and domestic public debt). The direct and int...
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Asymmetric Exchange Rate Pass Through to Consumer Prices: Evidence from Zambia Foreign Trade Review Pub Date : 2023-03-21 Humphrey Fandamu, Manenga Ndulo, Dale Mudenda, Mercy Fandamu
The purpose of this study was to examine the asymmetric exchange rate pass through (ERPT) to consumer price inflation in Zambia. We examined ERPT to consumer price inflation arising from kwacha dep...
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Book review: Naoto Jinji, Xingyuan Zhang and Shoji Haruna (Eds), Deep Integration, Global Firms, and Technology Spillovers Foreign Trade Review Pub Date : 2023-02-24 Eliaza Mkuna
Naoto Jinji, Xingyuan Zhang and Shoji Haruna (Eds), Deep Integration, Global Firms, and Technology Spillovers, Springer Nature Singapore Pte Ltd, Singapore, 2022. 196 pp., Open access, ISBN 978-981...
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Inflation Adjustment, Endogenous Risk Premium and Exchange Rate: A Theoretical Analysis Foreign Trade Review Pub Date : 2023-02-24 Moumita Basu, Rilina Basu, Ranjanendra Narayan Nag
This article develops a full employment monetary framework that deals with the interaction between exchange rate and inflation rate dynamics, emphasising the existence of risk premium. The economy ...
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Future Prospects of the Gravity Model of Trade: A Bibliometric Review (1993–2021) Foreign Trade Review Pub Date : 2023-02-01 Suhas Jadhav, Ishita Ghosh
The gravity model of trade (GMoT) has become popular among practitioners and academics lately, essentially because of its power to provide a comprehensive explanation of real-world trade data. Comp...
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Ex-Ante Evaluation of India’s Trade Alliance with Indo-Pacific Region: A General Equilibrium Analysis Foreign Trade Review Pub Date : 2023-01-27 Archana Srivastava, Somesh Kumar Mathur, Prabir De
The study attempts to analyse the economy-wide impact of Indo-Pacific alliance between India and rest of the 45 participating members using computable general equilibrium (CGE) model. We introduce ...
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Trade–Finance Nexus: The Centrality of the Quality of Institutions in Sub-Saharan African Leading Economies Foreign Trade Review Pub Date : 2023-01-27 Fisayo Fagbemi, Adeyemi Fajingbesi, Geraldine Ejiaka Nzeribe
The study examines the interaction effect of trade and institutional quality on financial sector development in 20 leading economies in sub-Saharan Africa selected based on 2018 GDP per capita rank...
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The J-Curve Effect in Services Trade: A Disaggregated Analysis Foreign Trade Review Pub Date : 2022-11-15 Ivan D. Trofimov
This article examines the relationship between the real exchange rate and the services trade balance in the UK using the quarterly data for the 2005Q1–2019Q4 period. We consider the aggregate as we...
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Foreign Aid and Fiscal Policy in a Small-Open Economy with a Non-Market Sector Foreign Trade Review Pub Date : 2022-10-28 Naiyue Cui, Yunfang Hu
This study examines the macroeconomic effects of foreign aid and fiscal policy by employing a multi-sector growth model. Foreign aid may decrease the recipient country’s market activities by loweri...
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Organisational Investment: The Case of ASML—Can the Product Make the Producer? Foreign Trade Review Pub Date : 2022-10-02 An-Chi Tung, Henry Wan, Jr.
This study showcases the specific inspiration from Professor Kemp by focusing on one particular firm—ASML, a Dutch lithography company. It has become the only producer to launch a group of products...
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Impact of Food Standards on Patterns of International Trade in Marine Products Foreign Trade Review Pub Date : 2022-09-25 Aishwary Kant Gupta, Seema Sangita
Over the past two and half decades, rising non-tariff barriers, such as SPS and TBT measures appear to negate any benefits accruing from declining tariffs. The adoption of higher standards reflects...
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Illegal Immigration with Tariff Distortions Foreign Trade Review Pub Date : 2022-09-25 Alan Woodland, Chisato Yoshida
We construct and analyse a two-country general equilibrium model in which the home and foreign countries trade two final goods, and legal immigration is restricted. International trade is distorted...
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Saving Household Production-Cum-Consumption Time: Implications for International Trade in Trash Foreign Trade Review Pub Date : 2022-09-25 Ngo Van Long
This article revisits Kemp’s and Tran-Nam’s incorporation into trade theory the Gossenian theme that consumption takes time. We show how the substitutability between time-intensive household-produc...
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Customs Union, Wage Inequality and Welfare in General Equilibrium Foreign Trade Review Pub Date : 2022-09-16 Sugata Marjit, Sharmi Sen, Kausik Gupta
The article attempts to consider the impact of a customs union formed between two small countries embedded in the global economy and trading in intermediates, in terms of a general equilibrium fram...
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Public Infrastructure Strategically Supplied by Governments and Trade in a Ricardian Economy Foreign Trade Review Pub Date : 2022-09-10 Nobuhito Suga, Makoto Tawada, Akihiko Yanase
In a simple two-country Ricardian economy with public infrastructures, we consider a simultaneous and non-cooperate game between governments with respect to public infrastructure supply. Then it is...
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Immigration of Medical Workers and Variable Labour Supply Foreign Trade Review Pub Date : 2022-09-10 Masayuki Okawa
This paper studies the effects of immigration policy on the immigration of foreign medical workers on the welfare and income distribution of home medical workers and labourers. We set up a simple s...
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Dynamics of Twin Deficits: An Enquiry of the Mundell–Fleming Proposition for India Foreign Trade Review Pub Date : 2022-09-08 Manisha Devi, Amiya Sarma
Twin deficits have appeared as the indispensible reality of the Indian economy since long. The study is an attempt to trace out the inherent dynamics of India’s twin deficits problem, particularly ...
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Book review: Sugata Marjit, Biswajit Mandal, and Noritsugu Nakanishi, Virtual Trade and Comparative Advantage: The Fourth Dimension Foreign Trade Review Pub Date : 2022-08-23 Lei Yang
Sugata Marjit, Biswajit Mandal, and Noritsugu Nakanishi, Virtual Trade and Comparative Advantage: The Fourth Dimension, Singapore: Springer-Nature, 2020, Ä75.89, 207 pp.
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Global Value Chains and International Trade Dynamics Foreign Trade Review Pub Date : 2022-08-05 Deeparghya Mukherjee, Rupa Chanda
International trade through global value chains (GVCs) has helped the world split production of various goods and services across countries over time, providing a new dimension to globalisation (Gereffi et al., 2001). This has resulted in most products being ‘made in the world’. The story of comparative advantage in production of commodities stands modified as ‘comparative advantage in tasks’ (Blinder
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Russia-Ukraine War and WTO’s National Security Exception Foreign Trade Review Pub Date : 2022-07-17 Prabhash Ranjan
The Russian invasion of Ukraine is one of the most flagrant violations of international law in recent times. The Russian action has received global condemnation with various countries imposing sanc...
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Factors Associated with Growth in India’s International Reserves: VECM Analysis Foreign Trade Review Pub Date : 2022-07-07 Latha Sreeram, Samie Ahmed Sayed
This study empirically examines the determinants of India’s international reserves in the long run and in the short run with seven other macroeconomic variables using the vector error correction mo...
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An Elementary Tariff Reform for a Free Trade Area Foreign Trade Review Pub Date : 2022-07-03 Martin Richardson
In this note I identify a simple Pareto-improving tariff reform for two countries in a free trade area, motivated by the approach in Kemp and Wan (1976), involving a move ‘towards’ a Kemp-Wan custo...
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Book review: Bihong Huang and Eden Yu (Eds), Ways to Achieve Green Asia 2020 Foreign Trade Review Pub Date : 2022-06-13 Devleena Majumdar
Bihong Huang and Eden Yu (Eds), Ways to Achieve Green Asia 2020, Asian Development Bank Institute. 344 pp., ISBN: 978-4-89974-211-1 (Print), ISBN: 978-4-89974-212-8 (PDF).
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Special Issue on ‘Global Trade and FDI: The Road Ahead’ Foreign Trade Review Pub Date : 2022-05-31 Nadia Doytch
The world’s geopolitical landscape has never been more dynamic. Environmental pressures and disruptions to the global economy have driven researchers to re-examine the links between globalisation and emerging threats. The current special issue touches on some issues related to the challenges in front of globalisation, economic connectivity and economic development for human prosperity. We ask the question
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Testing for the Bidirectional Relationship Between FDI in Services and Trade in Services: Evidence from Emerging Economies Foreign Trade Review Pub Date : 2022-05-06 P. Jithin, M. Suresh Babu
We examine the two-way links between foreign direct investments (FDI) in services and trade in services for 26 emerging economies from 2003 to 2015 using sectoral and sectoral disaggregated FDI data. Within a multivariate framework, we use panel unit root tests, recently developed heterogeneous panel cointegration and panel vector error correction model (VECM). Our results confirmed the cointegrating
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FDI: Hot or Cold Money? The Behaviour of Sectoral FDI Inflows and Outflows Over Periods of Growth Accelerations and Decelerations Foreign Trade Review Pub Date : 2022-04-28 Nadia Doytch
The economic crisis caused by the COVID-19 pandemic invokes questions about a possible prolonged economic deceleration. In this article, we study the impact of output growth accelerations and decelerations, as per the definition of Arbache and Page (2007, More growth or fewer collapses? A new look at long run growth in Sub-Saharan Africa [Working Paper 4384]) and Conceicao and Kim (2010, The asymmetric
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Indian SMEs in Global Value Chains: Status, Issues and Way Forward Foreign Trade Review Pub Date : 2022-04-27 Sonia Mukherjee,Arpita Mukherjee
Small and medium enterprises (SMEs) account for bulk of the enterprises in most countries and play a crucial role in global value chains (GVCs). In India, micro, small and medium enterprises (MSMEs) constitute around 30% of the gross domestic product (GDP), accounts for 50% of exports and a major share in employment. Under the Aatmanirbhar Bharat Abhiyan, the Central government intends to enhance the
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Book review: Soumyen Sikdar, Ramesh Chandra Das and Rajib Bhattacharyya (Eds), Role of IT–ITES in Economic Development of Asia: Issues of Growth, Sustainability and Governance Foreign Trade Review Pub Date : 2022-04-24 Debashis Chakraborty
Soumyen Sikdar, Ramesh Chandra Das and Rajib Bhattacharyya (Eds), Role of IT–ITES in Economic Development of Asia: Issues of Growth, Sustainability and Governance. Springer, 2020, pp. 329, Ä109.99 (Hardback), Ä79.99 (Paperback), ISBN 978-981-15-4205-3.
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Book review: Pooja Lakhanpal, Jaydeep Mukherjee, Biswajit Nag and Divya Tuteja (Eds.), Trade, Investment and Economic Growth: Issues for India and Emerging Economies Foreign Trade Review Pub Date : 2022-04-18 Shipra Bhatia
Pooja Lakhanpal, Jaydeep Mukherjee, Biswajit Nag and Divya Tuteja (Eds.), Trade, Investment and Economic Growth: Issues for India and Emerging Economies, Springer Nature Singapore, 2021, €119, 396 pp. (Hardcover). ISBN: 978-981-33-6972-6.
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Measuring Export Related Port Logistics in India: An Attempt to Rank Major Ports Foreign Trade Review Pub Date : 2022-03-29 Dripto Mukhopadhyay,Sanjib Pohit,Devendra B. Gupta
The main objective of this article is to showcase the major activities/processes each exporter/importer needs to go through in any land port, seaport or airport. The article looks into the processes, time taken during various processes, the perceptions of stakeholders about the extent of challenges they face during these processes and the logistics costs. Finally, the article provides a comparison
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Impact of FDI and Its Absorption Capacity on the National Innovation Ecosystems: Evidence from the Largest FDI Recipient Countries of the World Foreign Trade Review Pub Date : 2022-03-03 Naveed Ul Haq
Foreign direct investment (FDI) improves economic growth by stimulating native investment, facilitating technology transfers in the recipient country and increasing human capital development, thus playing a vital role in economic development. On the other hand, innovation is also considered one of the major drivers for the economic growth of a country. This study empirically investigates the impact
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Non-linear Effect of Real Exchange Rate Variability with Macroeconomic Variable on Non-Petroleum Commodities of India– US Trade Foreign Trade Review Pub Date : 2022-03-03 Mohini Gupta, Sakshi Varshney
This article aims to explore the asymmetric influence of real exchange rate volatility on India–US trade commodity-wise. In this study, the assumption of symmetric relation is neglected and assessed on the asymmetric effect of real exchange rate volatility on 90 commodities distributed under 6 industries. This study verifies short-run and long-run asymmetry effects, the short-run effect in 21 Indian
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Determinants and Potential of Seafood Trade: Evidence from a Transitional Economy Foreign Trade Review Pub Date : 2022-02-16 Chung Van Dong, Hoan Quang Truong
This study, by employing an augmented gravity model under the Poisson pseudo-maximum-likelihood (PPML) estimation, aims to scrutinise the determinants and potential of seafood exports from Vietnam—a transitional and emerging economy to the global market over the period of 2000–2018 at both aggregate and sectoral levels. With remarkable growth over the years, Vietnam has become the largest seafood exporter
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India’s Merchandise Exports to Asia: A Constant Market Share Analysis Foreign Trade Review Pub Date : 2022-02-08 Mohd Fayaz, Sandeep Kaur
The present study attempts to examine the structural changes in Indian merchandise exports to Asia during the period 1980–2016 by using Constant Market Share (CMS) analysis. The index values of the CMS analysis suggest that India has mostly maintained and strengthened its export market share primarily in resource-based and low tech/labour-intensive products. Major technology-intensive exports include
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The Role of Technology in Increasing Competitiveness: An Examination of the Indian Garment Clusters Foreign Trade Review Pub Date : 2022-02-06 Saon Ray, Smita Miglani
In this article, we examine the Indian garment industry to examine the effect of clusters on the sales of this industry. The data has been collected through a primary survey in five garments clusters in India. The variable that is significant in explaining sales in most equations is technology proxied by imported machinery. It has been argued that inter-firm linkages and linkages between firms, service
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Book review: Sheela Rai and Jane Winn (Eds.), Trade Facilitation and the WTO Foreign Trade Review Pub Date : 2022-02-05 Debashis Chakraborty
Sheela Rai and Jane Winn (Eds.), Trade Facilitation and the WTO. Cambridge Scholars Publishing, 2019, GBP 61.99, 270 pp. (Hardback). ISBN 978-1-5275-3402-5.
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Determinants of Export Diversification: Evidence from Fractional Logit Estimation Model Foreign Trade Review Pub Date : 2022-02-03 Swathi. M, P. Sridharan
This article empirically explores the key drivers of export diversification in a large panel of 101 countries consisting of 43 high-income, 47 middle-income, and 11 low-income countries from 1995 to 2019. Considering the fractional nature of the dependent variable (Herfindahl-Hirschman Index), the estimates are obtained using the fractional logit technique with a set of potential determinants of export
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Preference Distortion, Information Cost and Comparative Advantage: A Theoretical Quest to Claim Trade Posture in Post-Pandemic Era Foreign Trade Review Pub Date : 2022-01-24 Tonmoy Chatterjee, Soumyananda Dinda
This study argues that post-pandemic world may not necessarily follow the usual mechanism of trade. In fact, recent pandemic dragged down us to the trajectory of new normalcy. Economic behaviour under new normalcy has changed immensely following several distorted effects, namely preference distortion and information asymmetry. Such distortions change trade posture via gains from trade arguments under
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The Determinants of Vietnam’s Information and Communication Technologies Exports to the European Union Foreign Trade Review Pub Date : 2022-01-14 Phan Thanh Hoan, Duong Thi Dieu My
Vietnam is one of the top information and communication technologies (ICT) exporters globally, and the ICT products constitute nearly one-fifth of Vietnam’s total exports to the European Union (EU). This study empirically investigates the determinants of Vietnam’s ICT exports to the EU by applying the gravity model for trade with panel data from 2000 to 2019. Besides the traditional variables of the
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The Effect of COVID-19 Pandemic on the Global Supply Chain Operations: A System Dynamics Approach Foreign Trade Review Pub Date : 2022-01-14 Mojtaba Hajian Heidary
Epidemic outbreaks are one of the important sources of the risk in the global supply chains. Before the COVID-19 pandemic, global industries that were unprepared for disruptions experienced a decline due to the pandemic. A global supply chain is a complex system set of dynamics that could be analyzed by the system dynamics approach. In this article, the impact of the recent pandemic on the global supply
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Do International Fragmentation of Production and Global Value Chains Participation Affect the Long-run Economic Growth? Foreign Trade Review Pub Date : 2022-01-12 Camila do Carmo Hermida, Anderson Moreira Aristides dos Santos, Mauricio Vaz Lobo Bittencourt
This article aims to investigate whether the international fragmentation of production and the global value chains (hereafter GVCs) participation affects the economic growth for a set of 40 advanced and emerging economies. It considers four aspects related to the type of participation and position in GVCs captured by different value-added measures: (a) vertical specialisation index; (b) GVC participation
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Turkish Exports Before and After the 2001 Financial Crisis: A Panel Gravity Model Foreign Trade Review Pub Date : 2021-12-25 Semih Karacan, Özge Korkmaz
Turkey was subjected to a number of financial shocks after the liberalisation movements in the 1980s. The most devastating of them was the consecutive political and financial crises in late 2000 and early 2001. The absence of political stability and depreciated Turkish Lira devastated the markets. The Turkish government immediately acted against the collapsed economic system and introduced a radical
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The India–EU FTA and Its Potential Impact on India’s Dairy Sector: A Quantitative Analysis Foreign Trade Review Pub Date : 2021-12-06 Anwesha Basu
The present study attempts to quantify ex-ante the impact on trade flows, revenue and welfare of the India–EU FTA on India’s dairy sector. In light of the fact that the EU is the world’s largest exporter of dairy products and India’s dairy sector is highly protected, it is important to assess the potential impact that an FTA with EU can have on this sector. Using a partial equilibrium set-up, our simulation
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A Dependent Economy Model of Employment, Real Exchange Rate and Debt Dynamics: Towards an Understanding of Pandemic Crisis Foreign Trade Review Pub Date : 2021-11-13 Moumita Basu, Rilina Basu, Ranjanendra Narayan Nag
Given the unforeseen and uncertain circumstances during the pandemic, the role of government expenditure becomes extremely relevant in sustaining lives and livelihoods of the masses. This brings forth public sector deficit as a key issue of macroeconomic policy debate. This article aims at investigating the effects of an unanticipated adverse shock like COVID-19, on the real value of public debt, in
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Foreign Direct Investment and Output Volatility Nexus: A Global Analysis Foreign Trade Review Pub Date : 2021-10-31 Aisha Tauqir, Muhammad Tariq Majeed, Sadaf Kashif
Volatility in output growth remains a genuine concern around the globe because of its detrimental effects on growth, poverty and welfare. In the realm of output volatility, the role of FDI and its consistency is particularly important and worth considering. This article examines the role of FDI inflows and specifically the instability in it on output growth volatility using a panel dataset of 141 world
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Book review: Rajib Bhattacharyya (Ed.), The Gains and Pains of Integration and Trade Liberalization: Lessons from Emerging Economies Foreign Trade Review Pub Date : 2021-10-20 Ranajoy Bhattacharyya
Rajib Bhattacharyya (Ed.), The Gains and Pains of Integration and Trade Liberalization: Lessons from Emerging Economies. UK: Emerald Publishing, 2020, $105, 296 pp. ISBN: 9781838670047.
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Current and Capital Account Dynamics in India: An Empirical Analysis of the Post-Reform Period Foreign Trade Review Pub Date : 2021-09-17 Tanveer Ahmad Khan
This article analyses the dynamics between current account (CA) and capital account in post-liberalisation India. Contemporaneous occurrence of CA deficit along with capital account surplus suggests the possible causal relationship between the two accounts. The theoretical debate around capital account liberalisation (KAL) is developed with the intention to lend support to empirical results for policy
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Anatomizing India’s Presence in Automotive Global Value Chains Foreign Trade Review Pub Date : 2021-09-13 Ankita Dash, Rupa Chanda
Global value chains (GVCs) are the modus operandi of contemporary international trade and production. However, the operational underpinnings of what facilitates or hinders participation of firms in their respective sectoral GVCs are surprisingly understudied. This article attempts to discover the potential factors—ranging from regulatory, institutional, technological, trade-related and financial to
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The Impact of Bilateral Investment Treaties on FDI Inflows Into India: Some Empirical Results Foreign Trade Review Pub Date : 2021-08-18 Jaivir Singh, Vatsala Shreeti, Parnil Urdhwareshe
After a run of adverse investor-state dispute settlements, India has recently denounced all its erstwhile investment treaties. New investment treaties need to be negotiated on the basis of a new Model Treaty that privilege state rights over investor rights. We study the impact of bilateral investment treaties on foreign direct investment (FDI) inflows into India before the denunciation with the intent
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Evaluating the Effect of Digital Transformation on Improvement of Service Trade in West Africa Foreign Trade Review Pub Date : 2021-08-14 Nnanna P. Azu, Philip A. Nwauko
Digital revolution is instrumental to the wave of globalisation and transformation of the global economy. But the pace of digital transformation and service trade is low in the West African region. This article investigates the effect of digital transformation on the development of service trade in the region. This research captured digitisation in two standpoints: internet penetration rate and mobile
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Tracking Greenfield FDI During the COVID-19 Pandemic: Analysis by Sectors Foreign Trade Review Pub Date : 2021-08-12 Nadia Doytch, Nishant Yonzan, Ketan Reddy, Filip De Beule
We study the trends and fluctuations in greenfield foreign direct investment (GFDI) during the first wave of the COVID-19 pandemic crisis on a global scale. We analyse the data of a data set of GFDI provided by fDi Markets (Financial Times) to understand the contraction of GFDI during the first three quarters of the year 2020, taking into account the sector of the investment and the host and home country
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Book review: Matthew C. Klein and Michael Pettis, Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace Foreign Trade Review Pub Date : 2021-08-01 Oliver Braunschweig
Matthew C. Klein and Michael Pettis, Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace. Yale University Press, 2020, US$28, 269 pp., ISBN 978-0-300-24417-5.