192 results on '"ECONOMIC conditions in developing countries"'
Search Results
2. Executive Insights: Marketing Issues and Challenges in Transitional Economies.
- Author
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Batra, Rajeev
- Subjects
TRANSITION economies ,MARKETING strategy ,INTERNATIONAL business enterprises ,INTERNATIONAL markets ,BUSINESS conditions ,ECONOMIC conditions in developing countries ,DEVELOPING countries ,MARKETING research ,MARKETING literature ,INTERNATIONAL trade ,GLOBALIZATION - Abstract
Drawing both on the literature as well as field research on companies operating in transitional economies, this article describes the ways in which marketing environments in transitional economies are typically different from those in more developed countries, as well as recent trends in these environments. Managerial implications concerning appropriate marketing strategies and tactics are then drawn, both for multinationals operating in transitional economy markets as well as local companies. [ABSTRACT FROM AUTHOR]
- Published
- 1997
- Full Text
- View/download PDF
3. Forecasting Sales in Underdeveloped Countries.
- Author
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Copulsky, William
- Subjects
EXPORT marketing ,INTERNATIONAL markets ,SALES forecasting ,ECONOMIC conditions in developing countries ,MARKET potential ,ENDOGENOUS growth (Economics) ,INTERNATIONAL trade ,NATIONAL income accounting ,INPUT-output analysis ,FORECASTING ,MARKETING strategy ,ECONOMIC forecasting - Abstract
Sales forecasting in underdeveloped countries is quite different than in countries with more mature economies. The keys to forecasting in developing countries are an understanding (1) of the phases of economic development that these countries pass through; and (2) of the impact that each phase has upon demand for various classes of products. The author describes how these phases can be identified and how they affect demand. [ABSTRACT FROM AUTHOR]
- Published
- 1959
- Full Text
- View/download PDF
4. AIDS Is Your Business.
- Author
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Rosen, Sydney, Simon, Jonathon, Vincent, Jeffrey R., MacLeod, William, Fox, Matthew, and Thea, Donald M.
- Subjects
AIDS ,HIV ,INTERNATIONAL business enterprises ,PREVENTIVE health services ,INDUSTRIAL hygiene ,ECONOMIC globalization ,INTERNATIONAL markets ,ECONOMIC conditions in developing countries ,INTERNATIONAL trade ,EPIDEMICS ,ECONOMICS - Abstract
If your company operates in a developing country, AIDS is your business. While Africa has received the most attention, AIDS is also spreading swiftly in other parts of the world. Russia and Ukraine had the fastest-growing epidemics last year, and many experts believe China and India will suffer the next tidal wave of infection. Why should executives be concerned about AIDS? Because it is destroying the twin rationales of globalization strategy--cheap labor and fast-growing markets--in countries where people are heavily affected by the epidemic. Fortunately, investments in programs that prevent infection and provide treatment for employees who have HIV/AIDS are profitable for many businesses--that is, they lead to savings that outweigh the programs' costs. Due to the long latency period between HIV infection and the onset of AIDS symptoms, a company is not likely to see any of the costs of HIV/AIDS until five to ten years after an employee is infected. But executives can calculate the present value of epidemic-related costs by using the discount rate to weigh each cost according to its expected timing. That allows companies to think about expenses on HIV/AIDS prevention and treatment programs as investments rather than merely as costs. The authors found that the annual cost of AIDS to six corporations in South Africa and Botswana ranged from 0.4% to 5.9% of the wage bill. All six companies would have earned positive returns on their investments if they had provided employees with free treatment for HIV/AIDS in the form of highly active antiretroviral therapy (HAART), according to the mathematical model the authors used. The annual reduction in the AIDS "tax" would have been as much as 40.4%. The authors' conclusion? Fighting AIDS not only helps those infected; it also makes good business sense. [ABSTRACT FROM AUTHOR]
- Published
- 2003
5. globalization.
- Author
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Useem, Jerry
- Subjects
GLOBALIZATION ,PROTEST movements ,INTERNATIONAL trade ,NONGOVERNMENTAL organizations ,ECONOMIC conditions in developing countries - Abstract
Focuses on the efforts of anti-globalization protesters. Financial and global organizations they oppose; Views on the East Asian crisis; Impact of free trade on developing nations; Controversy over the protesters' support of the Tobin tax; Anti-sweatshop campaigns; Role of Nongovernmental Organizations (NGO) in the debate; Impact of protests on international free trade.
- Published
- 2001
6. The impact of international trade on emigration in developing countries.
- Author
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Uprety, Dambar
- Subjects
- *
INTERNATIONAL trade , *ECONOMIC impact of emigration & immigration , *BRAIN drain , *HECKSCHER-Ohlin-Samuelson model ,ECONOMIC conditions in developing countries - Abstract
This paper studies how international trade affects emigration in developing countries. This is a new aspect as previous studies investigated the impact of immigration on trade from host countries perspective. However, there are also reasons to believe that trade may affect the propensity to emigrate in the home countries, leading to potential brain drain in developing countries, especially given the theoretical hypothesis in Stolper–Samuelson (S–S) theorem within Heckscher–Ohlin (H–O) factor-proportion model that more educated workers are more likely to emigrate due to an increase in international trade. When low-skill abundant developing countries liberalize trade, the reward of the scarce factor (skilled labor) is reduced in these countries, but it increases in the high-skill abundant developed countries. Therefore, skilled workers in the developing countries see a strong incentive to migrate to developed countries. To test this hypothesis, this paper utilizes a panel of 133 developing countries for the period of 1980–2010 and finds that high-skilled workers are more likely to emigrate with trade while there appears to be no effect of trade on low-skilled workers. [ABSTRACT FROM AUTHOR]
- Published
- 2017
- Full Text
- View/download PDF
7. Lewis revisited: tropical polities competing on the world market, 1830-1938.
- Author
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Federico, Giovanni and Tena‐Junguito, Antonio
- Subjects
INTERNATIONAL trade ,ECONOMIC conditions in developing countries ,HISTORY of international economic relations ,HISTORY ,ECONOMIC history ,DEVELOPING countries - Abstract
Since the seminal work by W. A. Lewis, exports of primary products have been deemed the main or sole source of growth in tropical countries before the Great Depression. However, this conventional wisdom relies on very limited evidence. This article analyses the growth of exports with a constant market share analysis for 84 tropical polities. Exports grew a lot, but less than total trade, while relative prices of tropical products remained roughly constant. We thus tentatively infer that the decline in the tropical shares of world trade reflects an insufficient demand for tropical products. Asia dealt well with these headwinds throughout the whole period, while African polities blossomed after the First World War. The loser was (South) America, and most notably the Caribbean former slave colonies, especially before 1870. [ABSTRACT FROM AUTHOR]
- Published
- 2017
- Full Text
- View/download PDF
8. DETERMINATION OF AGRICULTURAL EXPORT FEATURES IN DEVELOPING COUNTRIES.
- Author
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Kuzminov, M.
- Subjects
- *
AGRICULTURE , *INTERNATIONAL trade ,ECONOMIC conditions in developing countries - Abstract
Проведен анализ исследований аграрного экспорта в научных трудах. Определены причинно-следственные связи развития мирового аграрного рынка. Осуществлен сравнительный анализ развития аграрного экспорта в странах с разным уровнем развития. Выявлены особенности аграрного экспорта, его положительные и отрицательные последствия для экономик развивающихся стран. [ABSTRACT FROM AUTHOR]
- Published
- 2017
- Full Text
- View/download PDF
9. As the market churns: productivity and firm exit in developing countries.
- Author
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Aga, Gemechu and Francis, David
- Subjects
INDUSTRIAL productivity ,LOW-income countries ,INTERNATIONAL trade ,BANKRUPTCY ,ECONOMIC conditions in developing countries - Abstract
This paper uses a unique dataset from the World Bank's Enterprise Surveys in 47 economies to analyze the conditions under which firms leave heterogeneous markets. Consistent with expectations, we show that firm productivity (and age) are significant determinants of firm exit. Cross-country analysis shows, however, that the relationship between productivity as well as age and exit is mitigated by some country-level factors. In particular, we show either's effect is substantially weakened in low-income economies, economies with limited openness to international trade, and in economies with cumbersome bankruptcy procedures. To address issues of sample attrition and selection bias presented by survey-based estimates, corrections are applied using information when a firm's operating status is uncertain. The expected negative relationship between firm labor productivity and the likelihood of exit is robust to these corrections, as is the negative relationship between firm exit and age. [ABSTRACT FROM AUTHOR]
- Published
- 2017
- Full Text
- View/download PDF
10. Does the Degree of Development Matter in the Impact of Banking Crises on International Trade?
- Author
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Gil ‐ Pareja, Salvador, Llorca ‐ Vivero, Rafael, and Martínez ‐ Serrano, José Antonio
- Subjects
BANKING industry ,FINANCIAL crises ,INTERNATIONAL trade ,ECONOMIC conditions of developed countries ,ECONOMIC conditions in developing countries - Abstract
This paper analyzes how a country's degree of economic development affects the impact of banking crises on international trade. To this end, we estimate a gravity model of trade using a sample of 139 countries over the period 1975-2012. Our results show that middle income countries are generally the most negatively affected. In contrast, financial turmoil appears to have less impact on bilateral trade flows among high income countries and, more specially, among low income nations. The level of financial development, contract enforcement, as well as the extent of the use of banking credit within international trade all help to explain our findings. [ABSTRACT FROM AUTHOR]
- Published
- 2017
- Full Text
- View/download PDF
11. Let's not panic about Third World debts.
- Author
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Clausen, A. W.
- Subjects
INTERNATIONAL economic relations ,INTERNATIONAL finance ,EXTERNAL debts ,FOREIGN loans ,ECONOMIC conditions in developing countries ,DEVELOPING countries ,INTERNATIONAL economic assistance ,INTERNATIONAL banking industry ,INTERNATIONAL trade ,MONETARY systems - Abstract
Alarming Third World debt figures have galvanized the imagination and loosened the tongues of the media prophets of doom. After World War II, the same sort of observers heralded the construction of the international monetary system. Now they look ahead to its destruction. Their prophecy may just come true. During the first part of 1983, the Bank for International Settlements in Basel, Switzerland reported that private banks had virtually halted all new lending to LDCs. Pushed by worry about decline in their own prestige--and in stock prices--international banks may help pull down the monetary system and the beginnings of industrial development in the LDCs, a development on which they, and the rest of the industrialized world, are dependent for survival. A. W. Clausen shows why and how the question of economic interdependency must be faced. Mussolini and Lenin both proved that a country cannot make autarkic economies prosper. Those in the United States who call for "go it alone" policies are equally wrong. The author first demonstrates the strength of the monetary system and of the developing world. Then he explains the source of the LDCs' weakness and offers suggestions for what the private and the public sectors can do to ensure that the monetary system and world trade will continue to grow. [ABSTRACT FROM AUTHOR]
- Published
- 1983
12. The LDC debt crisis: How it could be resolved.
- Subjects
EXTERNAL debts ,INTERNATIONAL trade ,RECESSIONS ,ECONOMIC conditions in developing countries ,DEVELOPING countries - Abstract
The article focuses on the need for an internationally coordinated approach for the management of world debt crisis. It discusses the impact of recession and debt on the economies of developing nations, and how the borrowers' inability to pay can result in severe contraction. It mentions the U.S. government's approach to the world's debt problems, and some Democrats' demand for the approval of government's request for an increase in the contribution to the International Monetary Fund (IMF).
- Published
- 1983
13. When Does Globalization Help the Poor?
- Author
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Rudra, Nita and Tobin, Jennifer
- Subjects
- *
GLOBALIZATION , *INTERNATIONAL trade , *INTERNATIONAL finance , *POVERTY reduction , *TWENTY-first century ,ECONOMIC conditions in developing countries - Abstract
What is the relationship between globalization and poverty? Developing economies have long turned to international trade and finance as a solution for development, yet 35% of the world's population still lives below the international poverty line. Economists and political scientists explore this relationship but are far from reaching a conclusion. We review this literature and argue that to understand the relationship between globalization and poverty, we must ultimately understand the political motivations underlying the policies directed at the poorest. Specifically, we contend that scholars need to identify the ideological positions of developing country governments, an identification that moves beyond the conventional left-right divide that prevails in developed nations. We provide theoretical guidance on how scholars might begin to operationalize ideology on a global basis and why this is necessary to evaluate the globalization-poverty linkage. Further, we provide some preliminary quantitative and qualitative tests of our argument. Ultimately, scholars from both disciplines must begin to evaluate government commitment to pro-poor redistribution (rather than the extent to which policy is beholden to vested elite interest groups) in order to assess the relationship between trade and poverty. [ABSTRACT FROM AUTHOR]
- Published
- 2017
- Full Text
- View/download PDF
14. 10. International Marketing.
- Author
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Penn Jr., William S., Reineke, John A., Meissner, Frank, Fox, Harold W., Vandervoort, Stephanie, Gourley, David R., Thompson, John R., Babione, F. A., and Wilemon, David L.
- Subjects
EXPORT marketing ,ECONOMIC conditions in developing countries ,AGRICULTURAL marketing ,OPERATIONS research ,INTERNATIONAL advertising ,ECONOMICS ,INTERNATIONAL trade ,INDUSTRIAL productivity ,MANAGEMENT - Abstract
The article presents several abstracts pertaining to international marketing. They include "Modern Marketing: Problems of Transferral to Developing Economies," by William A. Strong and James E. Littlefield, "Agricultural Extension Plan for 1970," and "Marketing Problems in Overseas Operations," by Reuben Slesinger.
- Published
- 1971
15. Reconsideration of Trade Policies in Global Value Chains.
- Author
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Lan Wang
- Subjects
- *
VALUE chains , *INTERNATIONAL trade , *COMMERCIAL treaties , *SUPPLY chains , *FOREIGN investments , *TWENTY-first century ,ECONOMIC conditions in developing countries ,ECONOMIC conditions of developed countries - Abstract
The article examines the impact of global value chains (GVCs) on international trade as of 2015. Topics include the growth of global trade flows, the benefits of GVCs to both developed and developing countries, the internationalization of supply chain which created trade investment service and the need to design GVC agreements with the appropriate trade policy frameworks.
- Published
- 2015
16. Trade openness, income levels, and economic growth: The case of developing countries, 1970–2009.
- Author
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Sakyi, Daniel, Villaverde, Jose, and Maza, Adolfo
- Subjects
- *
FREE trade , *ECONOMIC development , *INCOME , *LOW-income countries , *MIDDLE-income countries , *HIGH-income countries , *INTERNATIONAL trade ,ECONOMIC conditions in developing countries ,DEVELOPING countries - Abstract
This paper attempts to investigate the extent to which trade openness has had an impact on the levels of income and rates of growth in a sample of 115 developing countries for the period 1970–2009. Additionally, to assess whether there is an income level threshold for a country to benefit from international trade, the sample is broken down into three mutually exclusive groups of countries: low-income, lower middle-income, and upper middle-income countries. The main novelty of the paper lies on the use, on the one hand, of a new and better trade openness measure and, on the other hand, of non-stationary heterogeneous panel cointegration techniques to cope with the problem of cross-sectional dependence. The results show a positive bi-directional relationship between trade openness and income level in the long run, thus suggesting that trade openness is both a cause and a consequence of the level of income. The results for the short run, that is, the link between openness growth and economic growth, go in the same direction. [ABSTRACT FROM AUTHOR]
- Published
- 2015
- Full Text
- View/download PDF
17. CONTEMPORARY TRENDS IN THE WORLD TRADE.
- Author
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Nikoloski, Krume and Paceskoski, Vlatko
- Subjects
INTERNATIONAL trade ,INTERNATIONAL economic relations ,ECONOMIC conditions in developing countries - Abstract
In this paper there is an accent on the current conditions and trends in world trade. Also, an analysis of the exchange's circumstances in the world economy is going to be implemented. In fact, there are analyzed the conditions of exchange in the world trade and presented the structure of the export stocks according to basic groups of products for the period from 1937 to 2013 year. Furthermore, there is an accent on many reasons that caused to this alter in the structure of stock exchange. In this paper, the actual conditions and trends in international trade are analyzed. In particular, an emphasis is given to the growth of the international trade for separate groups of countries according to the level of achieved economic development. At the end are given recommendations, directions and suggestions for increasing the effects and uses of the international trade for less developed countries. [ABSTRACT FROM AUTHOR]
- Published
- 2015
18. Trade Liberalization and Economic Development: A Critical Review.
- Author
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Siddiqui, Kalim
- Subjects
FREE trade ,ECONOMIC development ,COMPARATIVE advantage (International trade) ,ECONOMIC conditions in developing countries ,INTERNATIONAL trade ,GLOBAL Financial Crisis, 2008-2009 ,TWENTY-first century - Abstract
This article examines the literature on trade liberalization and economic development. It also briefly looks at the theory of comparative advantage which is seen as justification for global trade liberalization under the auspices of the World Trade Organization. The study is important because once again the international institutions strongly advocate trade liberalization in the developing countries. Such policies may increase vulnerability and make the developing countries further hostages to international finance capital. It seems that trade liberalization is being presented as a suitable developmental strategy for developing countries despite weak empirical findings. It appears that with the current agenda of universal trade liberalization, not only will development space shrink but also self-determination and economic sovereignty will be undermined. [ABSTRACT FROM PUBLISHER]
- Published
- 2015
- Full Text
- View/download PDF
19. Beyond Imperialism.
- Author
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Lichtheim, George
- Subjects
- *
IMPERIALISM , *SYNTHETIC products , *EXPORTS , *INTERNATIONAL trade , *RAW materials ,ECONOMIC conditions in developing countries - Abstract
Discusses the impact of imperialism on the economic condition of developing countries. Shortage of raw materials in the colonies; Assertion that exports of developing countries will be squeezed out by the development of synthetics; Relationship between Africa and Europe; Statistics relating to the consumption of raw materials in industrial countries since the early 1950's. INSET: Under the Yoke?.
- Published
- 1963
20. Give and take: How the funding of adaptation to climate change can improve the donor's terms-of-trade.
- Author
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Schenker, Oliver and Stephan, Gunter
- Subjects
- *
CLIMATE change , *ECONOMICS , *INTERNATIONAL trade -- Econometric models , *INTERNATIONAL economic assistance , *TERMS of trade , *CLIMATE change mitigation , *TWENTY-first century , *INTERNATIONAL cooperation ,ECONOMIC conditions in developing countries - Abstract
This paper discusses the interplay between international trade, regional adaptation to climate change and financial transfers for funding adaptation. It combines insights from a theoretical model of North-to-South transfers with the findings of a calibrated dynamic multi-region multi-sector computable general equilibrium model that takes into account the impacts of climate change and the adaptation to it. Assessing the effects of adaptation funding indicates that funding of adaptation in developing regions can be Pareto-improving. Not only will developing regions, which do not own sufficient resources for adapting optimally, profit from receiving adaptation funding. Terms-of-trade improvements in the high and middle income donor countries can dominate transfer costs and hence lead to a net-welfare gain in almost any developed region except North America. As such our consideration adds a new argument for financially supporting adaptation in the developing world besides the well-known ones such as fairness and incentives for participation in a global climate treaty. [ABSTRACT FROM AUTHOR]
- Published
- 2014
- Full Text
- View/download PDF
21. HETEROGENEOUS PANEL CAUSALITY BETWEEN EXPORTS AND GROWTH IN COMESA COUNTRIES.
- Author
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Ndoricimpa, Arcade
- Subjects
- *
EXPORTS , *ECONOMIC development , *INTERNATIONAL trade , *GROSS domestic product ,ECONOMIC conditions in developing countries - Abstract
This study examines the causal links between exports and economic growth in COMESA countries so as to assess Export-led Growth and Growth-driven Export hypotheses. The study applies Granger causality tests in heterogeneous panels recently developed by Dumitrescu and Hurlin (2012). The results suggest that Export-led Growth hypothesis is only evident in 2 out of 17 COMESA countries and likewise Growth-driven Export hypothesis is also evident in 2 out of 17 COMESA countries. The findings confirm the view that export-led growth hypothesis is not necessarily supported in developing countries whose exports are mainly primary commodities. The study recommends export diversification for COMESA countries if they are to take advantage of their participation in international trade and reap the growth gains from exports. [ABSTRACT FROM AUTHOR]
- Published
- 2014
- Full Text
- View/download PDF
22. EUROPEAN UNION AND WORLD TRADE ORGANIZATION - SOME CONSIDERATIONS ON THEIR COOPERATION FOR AN EQUITABLE WORLD.
- Author
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BÂRSAN, Ana-Maria
- Subjects
INTERNATIONAL economic relations ,ECONOMIC conditions in developing countries ,INTERNATIONAL trade ,ECONOMIC development ,ECONOMICS - Abstract
Adopted in September 2000, the United Nations Millennium Declaration encapsulates all the development aspirations of the entire world, aspirations that have become even more challenging to realise in the actual economic context characterised by fears and doubts for the future induced mainly by the recent financial crises. It is clear that the way towards a more prosperous, sustainable and equitable world is a collective responsibility for present and future generations. This paper aims to analyse the role of European Union (EU) within the multilateral trading system (MTS) for the achievement of better integration of the Least Developed Countries (LDC) in world trade that can satisfy their needs of economic development. Our research goal is to identify the extent to which the EU and the World Trade Organization (WTO) are responsible for a better access of LDCs in international trade and therefore for their future economic development. This research suggests that the real responsibility for economic development cannot be with the EU or the WTO, but with national governments centred on their capacity to grasp the opportunities raised by the international context. [ABSTRACT FROM AUTHOR]
- Published
- 2014
23. The Trade Competitiveness of Southern Emerging Economies: A Multidimensional Approach Through Cluster Analysis.
- Author
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Montalbano, Pierluigi and Nenci, Silvia
- Subjects
ECONOMIC competition ,ECONOMIC conditions in developing countries ,CLUSTER analysis (Statistics) ,ECONOMIC conditions in China ,INDIAN economy ,INTERNATIONAL trade ,ECONOMIC conditions in Brazil ,SOUTH African economy - Abstract
This paper investigates the trade competitiveness of the new emerging Southern economies - China, India, Brazil and South Africa ( CIBS) - with respect to their main global partners. Starting from the commonly held view that countries with trade patterns similar to those of emerging countries are likely to suffer losses, we propose a multidimensional approach based on cluster analysis, both crisp and fuzzy, as an alternative strategy for assessing similarity in global trade patterns. On the basis of key trade characteristics drawn from the diverse strands of trade theory, we assess the relative position of CIBS within global trade patterns and their evolution over time. Unlike previous studies, our results do not support the hypothesis of the presence of a competitiveness threat from Southern emerging countries towards the main industrialised economies. [ABSTRACT FROM AUTHOR]
- Published
- 2014
- Full Text
- View/download PDF
24. North-South Redux: The NIEO Normative Echo at Doha.
- Author
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Anthony, Constance G.
- Subjects
- *
INTERNATIONAL economic relations , *INTERNATIONAL trade , *ECONOMIC history ,ECONOMIC conditions in developing countries ,ECONOMIC integration of developing countries - Published
- 2011
25. Factors of Economic Growth with Low Inequality for Developing Nations.
- Author
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bozkus, SULEYMAN
- Subjects
ECONOMIC development ,ECONOMIC indicators ,ECONOMIC conditions in developing countries ,INTERNATIONAL trade ,GROSS domestic product - Abstract
The relationship between economic growth and inequality has long been discussed. In our analysis of 81 developing nations, whose average annual growth of Real GDP per capita has been higher than zero for 1990 - 2005 period, we found that foreign direct investment and domestic investment are not directly related to inequality levels. On the other hand, availability of physical infrastructure have negative effect on income inequality whereas literacy rate and export partner concentration has positive effects. Controlled for these variables, foreign direct investment, domestic investment, share of exports within GDP have no effect on income inequality. ..PAT.-Unpublished Manuscript [ABSTRACT FROM AUTHOR]
- Published
- 2009
26. THE DYNAMICS OF TRADE PATTERNS IN THE INTERNET ERA.
- Author
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Vemuri, Vijay K. and Siddiqi, Shahid
- Subjects
INTERNET ,INTERNATIONAL trade ,ECONOMIC development ,ECONOMIC conditions in developing countries ,DEVELOPING countries - Abstract
The effects of the privatization and commercialization of Internet on world trade are often debated but few rigorous conclusions emerge. Such conclusions have not been based on in-depth quantitative research and trade data analysis. A predominant expectation is that the volume of trade will increase significantly for all countries irrespective of the level of development. Some hold the cynical view that trading opportunities will improve only for advanced economies and developing countries will be further marginalized. Our results suggest that, from the export perspective, middle-income and developing countries have demonstrated a shift in trading patterns and developed countries did not experience any significant increase in exports. Indeed, it may be argued that the Internet may very well be the equalizer that may spur the economic growth of the developing countries. [ABSTRACT FROM AUTHOR]
- Published
- 2003
27. Taking a tumble.
- Subjects
- *
EMERGING markets , *RAW materials , *MANUFACTURED products , *STOCK prices , *INTEREST rates , *TWENTY-first century , *INTERNATIONAL trade ,ECONOMIC conditions in China, 2000- ,ECONOMIC conditions in developing countries ,CHINESE economic policy - Abstract
The article looks at trends in the Chinese economy and the impact they may have on other countries, particularly on emerging markets. It notes that China has been an important export market for many countries in both raw materials and manufactured goods, and says slower economic growth in China will affect those economies. Topics include the sharp drop in Chinese stock prices, the Chinese government's economic policies, and interest rate trends.
- Published
- 2015
28. Trade Imbalances, Export Structure and Wage Inequality.
- Author
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Crinò, Rosario and Epifani, Paolo
- Subjects
INTERNATIONAL trade ,WAGE theory ,EXPORTS & economics ,MANUFACTURED products ,INDUSTRIAL productivity ,SUPPLY & demand ,HECKSCHER-Ohlin principle ,ECONOMIC conditions in developing countries ,ECONOMICS - Abstract
We study, both theoretically and empirically, how trade imbalances affect the structure of countries' exports and wage inequality. We show that, in a Heckscher-Ohlin model with a continuum of goods, a Southern (Northern) trade surplus leads to an increase (reduction) in the average skill intensity of exports, in the relative demand for skills and in the skill premium in both countries. We provide robust support for the mechanism underlying these predictions using a large panel of countries observed over the past 30 years. Our results suggest that the large and growing North-South trade imbalances arisen over the last three decades may have exacerbated wage inequality worldwide. [ABSTRACT FROM AUTHOR]
- Published
- 2014
- Full Text
- View/download PDF
29. Preferential trade agreements and manufactured goods exports: does it matter whom you PTA with?
- Author
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Dahi, Omar S. and Demir, Firat
- Subjects
MANUFACTURED products ,EXPORTS ,GRAVITY model (Social sciences) ,ECONOMIC conditions in developing countries ,MATHEMATICAL models ,INTERNATIONAL trade - Abstract
This article explores two questions. First, do preferential trade agreements (PTAs) affect manufactured goods exports of developing countries? Second, does it matter for developing countries whom they sign the PTAs with? We find that the answer to both questions is yes. Using bilateral manufactured goods exports data from 28 developing countries during 1978–2005; we find that South–South PTAs have a significantly positive effect on manufactured goods exports. In contrast, no such effect is detected in the case of South–North PTAs. We confirmed the robustness of these findings to estimation methodology, sample selection, time period, zero trade flows and multilateral trade resistance. [ABSTRACT FROM AUTHOR]
- Published
- 2013
- Full Text
- View/download PDF
30. The Political Economy of 'Food Security' and Trade: Uneven and Combined Dependency.
- Author
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Otero, Gerardo, Pechlaner, Gabriela, and Gürcan, Efe Can
- Subjects
- *
FOOD security , *INTERNATIONAL trade , *DEPENDENCY theory (International relations) , *NEOLIBERALISM , *FOOD sales & prices , *INTERNATIONAL division of labor ,ECONOMIC conditions in developing countries ,DEVELOPING countries - Abstract
This article critiques the notion of food security through trade promoted by suprastate organizations like the United Nations Food and Agriculture Organization, the World Bank, and the World Trade Organization. We use and refine the food-regime perspective to contest this unwritten rule of the neoliberal food regime. Rather than 'mutual dependency' in food between ' North' and ' South,' as argued by Philip McMichael, however, we show that food dependency has been stronger on basic foods in developing countries, while advanced capitalist countries' dependency has been mostly on luxury foods. Also, the more that developing countries become dependent on food imports and exports, the more they will be importing the 'world food price' for the relevant commodities. Food-price inflation will more adversely affect their working classes, which spend larger shares of their household budgets on food. Our empirical focus is on food dependency in emerging nations- Brazil, China, India, Mexico, and Turkey-in comparison with long-standing agricultural exporting powerhouses, the United States and Canada. Using longitudinal data from FAOSTAT, we show that food security in the neoliberal food regime can best be characterized as 'uneven and combined dependency.' [ABSTRACT FROM AUTHOR]
- Published
- 2013
- Full Text
- View/download PDF
31. Political Economy of Public Policies: Insights from Distortions to Agricultural and Food Markets.
- Author
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Anderson, Kym, Rausser, Gordon, and Swinnen, Johan
- Subjects
AGRICULTURAL policy ,FOOD industry & economic aspects ,FOOD security ,COST of living ,FOOD prices ,MARKET volatility ,INTERNATIONAL trade ,ECONOMIC conditions of developed countries ,ECONOMIC conditions in developing countries - Abstract
The agricultural and food sector is an ideal case for investigating the political economy of public policies. Many of the policy developments in this sector since the 1950s have been sudden and transformational, while others have been gradual but persistent. This article reviews and synthesizes the literature on trends and fluctuations in market distortions and the political-economy explanations that have been advanced. Based on a rich global data set covering a half-century of evidence on commodities, countries, and policy instruments, we identify hypotheses that have been explored in the literature on the extent of market distortions and the conditions under which reform may be feasible. (JEL F13, Q11, Q17, Q18) [ABSTRACT FROM AUTHOR]
- Published
- 2013
- Full Text
- View/download PDF
32. The human race is a computer.
- Author
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O'Neill, Sean
- Subjects
- *
INFORMATION theory in economics , *ECONOMICS , *COMPUTERS , *ONLINE social networks , *INTERNATIONAL trade , *TWENTY-first century ,ECONOMIC conditions in developing countries - Abstract
An interview is provided with the associate professor of media arts and sciences César Hidalgo. When asked about his theory on economies, he comments on the informational attributes of commercial products. He discusses the economic aspects of the computer, commenting on the role online social networks play in this regard. When asked about economies of developing countries, he comments on the trade relationship between China and Brazil.
- Published
- 2015
- Full Text
- View/download PDF
33. The Rise of Middle Kingdoms: Emerging Economies in Global Trade.
- Author
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Hanson, Gordon H
- Subjects
INTERNATIONAL trade ,INDIAN economy ,ECONOMIC conditions in China ,EXPORTS & economics ,DEVELOPING countries ,ECONOMIC conditions in developing countries ,COMPARATIVE advantage (International trade) ,ECONOMICS - Abstract
In this paper, I examine changes in international trade associated with the integration of low- and middle-income countries into the global economy. Led by China and India, the share of developing economies in global exports more than doubled between 1994 and 2008. One feature of new trade patterns is greater South-South trade. China and India have booming demand for imported raw materials, which they use to build cities and factories. Industrialization throughout the South has deepened global production networks, contributing to greater trade in intermediate inputs. A second feature of new trade patterns is the return of comparative advantage as a driver of global commerce. Growth in low- and middle-income nations makes specialization according to comparative advantage more important for the global composition of trade, as North-South and South-South commerce overtakes North-North flows. China's export specialization evolves rapidly over time, revealing a capacity to speed up product ladders. Most developing countries hyper-specialize in a handful of export products. The emergence of low- and middle-income countries in trade reveals significant gaps in knowledge about the deep empirical determinants of export specialization, the dynamics of specialization patterns, and why South-South and North-North trade differ. [ABSTRACT FROM AUTHOR]
- Published
- 2012
- Full Text
- View/download PDF
34. Networks and Public Policies in the Global South: The Chilean Case and the Future of the Developmental Network State.
- Author
-
Negoita, Marian and Block, Fred
- Subjects
- *
DEVELOPMENTALISM (Economics) , *TECHNOLOGICAL innovations , *ECONOMIC development , *INTERNATIONAL trade , *ECONOMIC policy ,ECONOMIC conditions in developing countries ,DEVELOPING countries - Abstract
Recently, there has been considerable excitement about the economic potential of the 'developmental network state'-decentralized government policies that successfully accelerated growth in several high- and medium-income countries. The question remains whether such a strategy could be successful in less-developed nations whose scientific and technological resources were relatively limited. This paper analyzes the trajectory of Chile, a Southern country which, despite adverse conditions, managed to produce something akin to an economic miracle during the last few decades. Our argument is that Chile's success was based on the developmental network state strategy. Moreover, we highlight the centrality to understanding the Chilean experience of the concept of 'network failures'-a common phenomenon that occurs when domestic production would be best served by network forms of organization but for a variety of reasons, these networks either fail to materialize or fail to take hold (Schrank and Whitford ). Over and over again, we see that the logic behind the actions of the Chilean state was to provide resources that reduced the likelihood of network failures. We examine three case studies of successful export sectors: salmon; wine; and fruit and vegetables. The paper outlines some of the challenges faced by the Chilean model and assesses its long-term viability. [ABSTRACT FROM AUTHOR]
- Published
- 2012
- Full Text
- View/download PDF
35. INTERNATIONAL TRADE CONDITIONS: CHALLENGES FOR LESS DEVELOPED COUNTRIES.
- Author
-
Reyes, Giovanni E.
- Subjects
INTERNATIONAL economic relations -- Social aspects ,ECONOMICS ,INTERNATIONAL trade ,ECONOMIC globalization -- Developing countries ,ECONOMIC conditions in developing countries ,TRADE negotiation ,TWENTY-first century - Abstract
Copyright of Tendencias: Revista de la Facultad de Ciencias Económicas y Administrativas is the property of Universidad de Narino, Facultad de Ciencias Economics y Administrativas and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2012
36. THE NEOLIBERAL TURN IN REGIONAL TRADE AGREEMENTS.
- Author
-
Gathii, James Thuo
- Subjects
- *
NEOLIBERALISM , *COMMERCIAL treaties , *INTERNATIONAL trade , *BILATERAL treaties , *REGIONALISM , *INTERNATIONAL economic relations ,ECONOMIC conditions in developing countries ,DEVELOPING countries - Abstract
This Article makes two primary arguments. First, that the increased resort to bilateral and regional trade agreements has taken a neoliberal turn. As such bilateral and regional trade agreements are now a primary means through which greater investor protections, commodification of social services, guaranteed rights of investor access to investment opportunities, privatization of public service goods, and generally the diminution of sovereign control are being realized. These trade agreements make the foregoing goals possible not just in developing countries, but in industrialized economies as well. I show that these agreements provide business interests with opportunities to exercise concerted pressure to influence the adoption of neoliberal economic policies in both developed economies and developing economies. Second, this Article argues that bilateralism and regionalism in trade are contemporary fads that are spreading neoliberal economic ideals in the periphery of the global trading system. In other words, emulation by small developing countries of neoliberal economic policies in developed countries is a significant driver of economic reform. Developing countries adopt neoliberalism not simply because it is imposed, as many accounts suggest. Rather, neoliberalism is also voluntarily adopted for a variety of reasons: (i) because there has been a convergence in the thinking of policymakers and academic thinkers in developing and developed countries in part as a result of socialization through education or professional associations and contacts; (ii) as a result of persuasion that neoliberal reforms are important preconditions for goals such as increased economic growth or the efficiency of public sector institutions, developing country officials have adopted them; (iii) public officials in developing countries are strategically adopting neoliberal reforms since they are regarded as a signaling device that their country is 'safe' for investment or because bilateral and regional trade agreements come with budget support that is otherwise unavailable to these developing country officials in their home country; (iv) officials in developing countries are passive imitators who in the absence of solid evidence as to the efficacy of neoliberal ideals on their own account or in relation to alternative reform ideas are rationally bounded actors who find it impractical to assess the efficacy of neoliberal ideals or their alternatives. In short, this Article argues that the increased number of regional and bilateral trade agreements represents an important opportunity for the further diffusion of neoliberal economic ideals, an insight often missing in leading accounts that have emphasized how this trend conforms or departs from the norms of the World Trade Organization. This paper does so using a constructivist account of the circumstances under which neoliberalism arises in the turn towards regionalism and bilateralism. It shows how ideas about market governance and the institutions and experts that generate and perpetuate these ideas impose an incentive structure within which choices in favor of neoliberalism are more than less likely to be exercised [ABSTRACT FROM AUTHOR]
- Published
- 2011
37. Preferential trade agreements and the structure of international trade.
- Author
-
Foster, Neil and Stehrer, Robert
- Subjects
COMMERCIAL treaties ,INTERNATIONAL trade ,INTRA-industry trade ,ECONOMIES of scale ,ECONOMIC conditions in developing countries - Abstract
In this paper we examine the impact of membership in preferential trade agreements (PTAs) on trade between PTA members. Rather than considering the impact of PTA membership on the volume of trade we consider the impact of membership on the structure of trade. For a large sample of countries over the period 1962-2000 we find that membership in a PTA is associated with an increase in the extent of intra-industry trade. Our results indicate that this is especially the case for PTAs formed between richer countries, with the effects of PTAs between poorer countries found to be smaller. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
38. Financial Constraints, the Distribution of Wealth and International Trade.
- Author
-
Amissah, Emmanuel, Bougheas, Spiros, and Falvey, Rod
- Subjects
WEALTH ,INTERNATIONAL trade ,CAPITAL market ,FINANCIAL institutions ,ENDOWMENTS ,INCOME inequality ,COMPETITIVE advantage in business ,ECONOMIC conditions in developing countries ,DEVELOPING countries - Abstract
We develop a simple theoretical model to examine the impact of the distribution of wealth on the patterns of trade when capital markets are imperfect. Our model predicts that the dispersion of wealth can be a determinant of comparative advantage for low income countries with poor financial institutions. We find support for these prediction using export and financial panel data from a large sample of countries. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
39. SPECIAL PROBLEMS OF OTHER DEVELOPING COUNTRIES OF THE PACIFIC BASIN -- THE ECONOMIES IN TRANSITION OF SOUTHEAST ASIA AND CHINA, AND OF THE PACIFIC ISLANDS.
- Author
-
VERBIEST, JEAN-PIERRE A.
- Subjects
ECONOMIC conditions in developing countries ,ECONOMIC development ,INTERNATIONAL trade ,INTERNATIONAL economic relations ,TWENTIETH century ,COMMERCE - Published
- 1994
40. The Impact of the Global Crisis on Cuba's Economy and Social Welfare.
- Author
-
MESA-LAGO, CARMELO and VIDAL-ALEJANDRO, PAVEL
- Subjects
- *
GLOBAL Financial Crisis, 2008-2009 , *ECONOMIC development , *SOCIALISM & economics , *INTERNATIONAL trade ,ECONOMIC conditions in Cuba, 1990- ,ECONOMIC conditions in developing countries ,DEVELOPING countries - Abstract
The mechanisms by which the world economic crisis has been transmitted from developed to developing economies are conditioned by domestic factors that may attenuate or accentuate external economic shocks and their adverse social effects. Cuba is a special case: it is an open economy and hence vulnerable to trade-growth transmission mechanisms, but at the same time, it is a socialist economy with universal social services. This article reviews the literature, summarises Cuba's domestic socio-economic strengths and weaknesses prior to the crisis, evaluates the effects of the crisis on the macro-economic and social services indicators, assesses the government response and suggests alternative socio-economic policies. [ABSTRACT FROM PUBLISHER]
- Published
- 2010
- Full Text
- View/download PDF
41. Export Productivity and Specialisation: A Disaggregated Analysis.
- Author
-
Santos-Paulino, Amelia U.
- Subjects
INTERNATIONAL trade ,ECONOMIC conditions in developing countries ,FOOD exports & imports ,TEXTILE exports & imports - Abstract
The paper analyses export productivity and trade specialisation in China, Brazil, India and South Africa. The investigation calculates a time-varying export productivity measure using highly disaggregated product categories. The modelling shows that export productivity is determined by real income and human capital endowments. But the empirical analysis also reveals significant differences in export productivity and specialisation for countries with comparable per capita income levels. [ABSTRACT FROM AUTHOR]
- Published
- 2010
- Full Text
- View/download PDF
42. A Decade of the World Trade Organization and the Trade Performance of Muslim Countries.
- Author
-
Amin, Ruzita Mohd.
- Subjects
INTERNATIONAL trade ,INTERNATIONAL trade agencies ,EXPORT & import trade of commercial products ,ECONOMIC conditions in developing countries ,DEVELOPING countries ,ISLAMIC countries ,ECONOMIC policy - Abstract
The World Trade Organization (WTO), established on 1 January 1995 as a successor to the General Agreement on Tariffs and Trade (GATT), has played an important role in promoting global free trade. The implementation of its agreements, however, has not been smooth and easy. In fact this has been particularly difficult for developing countries, since they are expected to be on a level playing field with the developed countries. After more than a decade of existence, it is worth looking at the WTO's impact on developing countries, particularly Muslim countries. This paper focuses mainly on the performance of merchandise trade of Muslim countries after they joined the WTO. I first analyze their participation in world merchandise trade and highlight their trade characteristics in general. This is then followed by a short discussion on the implications of WTO agreements on Muslim countries and some recommendations on how to face this challenge. [ABSTRACT FROM AUTHOR]
- Published
- 2010
- Full Text
- View/download PDF
43. SOYBEAN EXPORTS AND DEFORESTATION FROM A WORLD-SYSTEMS PERSPECTIVE: A Cross-National Investigation of Comparative Disadvantage.
- Author
-
Austin, Kelly F.
- Subjects
- *
SOYBEAN , *DEFORESTATION , *WORLD system theory , *INTERNATIONAL trade ,ECONOMIC conditions in developing countries ,DEVELOPING countries environmental conditions ,DEVELOPING countries - Abstract
This article draws on world-system theorizing to explore the relationship between deforestation and the vertical flow of soybean exports from less-developed nations to more-developed nations as a specific form of ecologically unequal exchange. Despite overwhelming case-study research exploring soybean–deforestation dynamics in less-developed countries, the current literature lacks any cross-national investigation of this trend. Ordinary least squares regression is used to examine whether soybean exports are associated with deforestation and if the magnitude of this relationship varies by region. Overall, the findings confirm the proposed hypotheses and suggest that having a comparative advantage in soybean production is not a viable development strategy. [ABSTRACT FROM AUTHOR]
- Published
- 2010
- Full Text
- View/download PDF
44. Operationalizing Special and Differential Treatment in the World Trade Organization: Game Over?
- Author
-
Mitchell, Andrew D. and Voon, Tania
- Subjects
ECONOMIC conditions in developing countries ,URUGUAY Round (1987-1994) ,TRADE regulation ,INTERNATIONAL trade - Abstract
The notion of providing special and differential treatment to developing countries has a long history in the World Trade Organization, but some commentators continue to question its rationale and practical effectiveness in supporting development and integration into the multilateral trading system. In particular, while operationalizing special and differential treatment is one of the important tasks of negotiators in the ongoing Doha Round, some argue that this will not only be difficult, but in fact impossible to achieve. Doubtless, special and differential treatment cannot of itself solve the problems of the developing world, and relying too heavily on this kind of discrimination will ultimately disadvantage developing country WTO members. Nevertheless, in achieving a successful conclusion to the Doha Round, members must take greater account of the different needs of developing countries and adopt more concrete provisions in this regard than are currently contained in the Uruguay Round agreements. In general, WTO members themselves appear to have accepted this responsibility, despite the slow progress in this as in many other areas of the negotiations. Ideally, this process should involve in-depth economic analysis to identify measurable criteria for granting special and differential treatment to particular countries under specific provisions. If these criteria can be agreed and incorporated into the WTO agreements, no new independent bodies will be required to assess individual cases separate from the established WTO dispute settlement system. [ABSTRACT FROM AUTHOR]
- Published
- 2009
- Full Text
- View/download PDF
45. On the emergence of an MFN club: equal treatment in an unequal world.
- Author
-
Saggi, Kamal and Sengul, Faruk
- Subjects
ECONOMIC conditions in developing countries ,MOST favored nation clause ,TARIFF ,FREE trade ,INTERNATIONAL trade ,DEVELOPING countries ,SOCIETIES ,INTERNATIONAL cooperation - Abstract
Copyright of Canadian Journal of Economics is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2009
- Full Text
- View/download PDF
46. NOTAS Y COMENTARIOS: DIMENSIÓN REGIONAL DE LAS EXTERNALIDADES INDIRECTAS DE LA INVESTIGACIÓN Y DESARROLLO RELACIONADAS CON EL COMERCIO INTERNACIONAL NORTE-SUR.
- Author
-
Schiff, Maurice and Yanling Wang
- Subjects
- *
TECHNOLOGY , *RESEARCH & development , *INTERNATIONAL trade , *INDUSTRIAL productivity ,ECONOMIC conditions of developed countries ,ECONOMIC conditions in developing countries ,DEVELOPING countries ,DEVELOPED countries - Abstract
This paper examines the impact of trade with Japan, North America and the EU on technology diffusion and TFP growth in Jordan, Korea and Mexico. The measures of foreign R&D are constructed on the basis of industry-specific R&D in the North, North-South trade patterns, and input-output relations in the South. We show that technology diffusion and productivity gains tend to be regional: Jordan (Korea) (Mexico) benefits mainly from trade with the EU (Japan) (North America). In other words, the dynamic version of the "natural trading partners" hypothesis seems to hold for these countries. [ABSTRACT FROM AUTHOR]
- Published
- 2009
47. Export of health services from developing countries: The case of Tunisia
- Author
-
Lautier, Marc
- Subjects
- *
MEDICAL care , *HEALTH services accessibility , *HEALTH services administration , *INTERNATIONAL trade , *INTERNATIONAL cooperation ,DEVELOPING countries ,ECONOMIC conditions in developing countries - Abstract
Although the subject of health services exports by developing countries has been much discussed, the phenomenon is still in its early stage, and its real implications are not yet clear. Given the rapid development in this area, little empirical data are available. This paper aims to fill this gap by providing reliable data on consumption of health services abroad (GATS mode 2 of international service supply). It starts by assessing the magnitude of the volume of international trade in health services. This is followed by an in-depth analysis of the case of Tunisia based on an original field research. Because of the high quality of its health sector and its proximity with Europe, Tunisia has the highest export potential for health services in the Middle-East and North Africa (MENA) Region. Health services exports may represent a quarter of Tunisia''s private health sector output and generate jobs for 5000 employees. If one takes into account tourism expenses by the incoming patient (and their relatives), these exports contribute to nearly 1% of the country''s total exports. Finally, this case study highlights the regional dimension of external demand for health services and the predominance of South–South trade. [Copyright &y& Elsevier]
- Published
- 2008
- Full Text
- View/download PDF
48. Foreign Direct Investment in Developing Countries: have we reached a policy 'tipping point'?
- Author
-
Sumner, Andrew
- Subjects
- *
ECONOMIC development , *FOREIGN investments , *INTERNATIONAL economic relations , *RESTRAINT of trade , *ECONOMIC policy , *NONTARIFF trade barriers , *INTERNATIONAL trade ,ECONOMIC conditions in developing countries ,DEVELOPING countries - Abstract
In the 1990s, around the world, government policies on FDI were unequivocally FDI -friendly. Numerous policy changes were enacted to make the investment climate more favourable to FDI. However, over the past few years a range of countries has enacted policy measures less favourable to FDI. Does this represent an overall shift in FDI policy thinking? And, if so, what are the current drivers of such a change? This paper discusses trends in contemporary FDI policy and the role played by prevailing narratives, actors and the changing context in shaping policy. [ABSTRACT FROM AUTHOR]
- Published
- 2008
- Full Text
- View/download PDF
49. W. Arthur Lewis in Retrospect.
- Author
-
Becker, Charles and Craigie, Terry-Ann
- Subjects
ECONOMIC development ,ECONOMIC conditions in developing countries ,EXPORTS ,TERMS of trade ,INTERNATIONAL trade ,CENTRAL economic planning ,ECONOMIC policy ,NOBEL Prize winners ,ECONOMISTS ,DEVELOPING countries - Abstract
This paper reviews several themes from the writings of W. Arthur Lewis, both the first black Nobel Laureate in Economics and the first from a developing country, and examines them from the perspective of two to five decades of hindsight. The paper emphasizes three main interrelated aspects; economic growth, economic dualism, and “the evolution of the economic order”—the forces that drive the prices of goods and relative incomes across countries. Lewis’s messages still resonate today, as he foresaw the rise of industrial exports from developing countries—and also that it would not end the large gaps among nations’ standards of living. The paper both documents these rises and asks whether one could have predicted it from information available in the 1960s, or whether additional prescience was necessary. [ABSTRACT FROM AUTHOR]
- Published
- 2007
- Full Text
- View/download PDF
50. International Trade, Consumer Behavior and Trust: Factors Affecting Agribusinesses in Developing Countries.
- Author
-
Fromm, Ingrid and Nyhodo, Bonani
- Subjects
AGRICULTURAL industries ,INTERNATIONAL trade ,CONSUMER behavior ,TRUST ,ECONOMIC conditions in developing countries ,DEVELOPING countries ,ECONOMICS - Abstract
With the increasing complexity of global food systems, producers in developing countries are faced with challenges associated with market access to developed and other developing countries. There is clear evidence that the fastest growing developing countries are the ones engaging in trade and participating in the global market. The difficulty for developing countries, especially Small and Medium Enterprises (SMEs) in those countries is the logistics and agreements needed to enter international markets and benefit from trade. Global production networks are becoming extremely complex. Arms-length trade is now confined to commodities with low returns, thus access to high-income yielding activities requires participation in global value chains. Over the past decades, the global food system has concentrated in the hands of a few large companies. All these changes raise questions about market structures, market power, and strategies for small-scale agribusinesses in developing countries to insert themselves into the global food system. This paper summarizes the interview conducted with Dr. Ronald D. Hampton, Chair and Associate Professor of Marketing and Director of the Agribusiness Program at the University of Nebraska in Lincoln. Dr. Hampton has ample experience in international marketing, marketing management, retail management, leadership, and consumer behavior. The objective of this interview is to gain a better understanding of factors affecting small-scale agribusinesses in a context of international trade. This interview took place during the 17th Annual World Forum and Symposium in Parma, Italy in June, 2007. [ABSTRACT FROM AUTHOR]
- Published
- 2007
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