Changing Patterns of Global Trade

Changing Patterns of Global Trade
Author: Nagwa Riad
Publisher: International Monetary Fund
Total Pages: 87
Release: 2012-01-15
Genre: Business & Economics
ISBN: 1463973101

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Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.

Changing Trade Patterns in Manufactured Goods: An Econometric Investigation

Changing Trade Patterns in Manufactured Goods: An Econometric Investigation
Author: B. Balassa
Publisher: Elsevier
Total Pages: 221
Release: 2014-06-28
Genre: Business & Economics
ISBN: 1483297136

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This volume examines the changing pattern of trade in manufactured goods by the use of econometric techniques. The method of investigation employed is cross-section analysis of data for thirty-eight developed and developing countries, for each of which manufactured goods accounted for at least 18 percent of total exports and surpassed $300 million in 1979. The results may further be interpreted in terms of the changes that occur in the pattern of specialization in the process of economic development.

International Trade, Competitive Advantage and Developing Economies

International Trade, Competitive Advantage and Developing Economies
Author: Caf Dowlah
Publisher: Routledge
Total Pages: 320
Release: 2015-07-30
Genre: Business & Economics
ISBN: 1317447921

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Available research suggests that less developed countries have significant competitive advantage over developed countries in three major areas of international trade: agriculture, textiles and clothing (T&C), and cross-border labor mobility. Incidentally, these are also the trade sectors which experienced widespread protectionist measures, especially in developed world, for decade after decade. Under the World Trade Organization (WTO), which replaced the General Agreement on Tariff and Trade (GATT) in 1995, much of the restrictions in T&C trade has been phased out, but still this sector faces much higher tariff and non-tariff barriers than any other manufacturing sector in world economy. The agricultural sector also experienced significant dismantling of deeply entrenched trade barriers under the WTO over the course of last two decades, but the sector still remains plagued with quite extensive domestic supports, export subsidies, and tariff barriers. At the same time, despite both theoretical expositions and empirical trends point to significant potential gains from cross-border labor mobility, the sector remains mired in a complex quagmire of economic and political restrictions around the world. Thus, all three sectors in which less developed countries have exports interests still remain less liberalized than the sectors in which developed countries have exports interests. This book provides an in-depth and up-to-date scholarly analysis of all three trade sectors—agriculture, T&C and cross-border labor mobility—with a penetrating scrutiny of historical backgrounds and developments, crosscurrents of interests and perspectives of both developed and developing countries, and evolving trade patterns and potentials in a more liberalized and globalized world economy. The book also identifies critical economic issues and options for less developed countries in the WTO negotiations for further liberalization of agriculture, T&C, and cross-border labor mobility. This volume will be an important point of reference for students, scholars, and practitioners of international trade, economic development, development economics, and WTO-related issues.

World-trade Patterns and Contemporary Issues in International Trade Policy

World-trade Patterns and Contemporary Issues in International Trade Policy
Author: Tony S. Wirjanto
Publisher: [Kingston, Ont.] : John Deutsch Institute for the Study of Economic Policy, Queen's University
Total Pages: 84
Release: 1997
Genre: Commerce
ISBN:

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From the Introduction: This paper reviews existing literature on likely fufure patterns of world trade in goods and services, by commodity and geographic distribution. The review draws on studies of the impact of the Uruguay Round, as well as other literature directed at projecting trade flows. A secondary purpose of the paper is to provide a review of literature on the likely importance and impact of new issues in international trade and international economic policy in so far as they relate to competition policy, labor standards, environment and trade in services.

Patterns of Export Diversification in Developing Countries

Patterns of Export Diversification in Developing Countries
Author: Alberto Amurgo-Pacheco
Publisher: World Bank Publications
Total Pages: 34
Release: 2012
Genre:
ISBN:

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This paper uses highly disaggregated trade data to investigate geographic and product diversification patterns across a group of developing nations for the period from 1990 to 2005. The econometric investigation shows that the gravity equation fits the observed differences in diversification across nations. The analysis shows that exports at the intensive margin account for the most important share of overall trade growth. At the extensive margin, geographic diversification is more important than product diversification, especially for developing countries. Taking part in free trade agreements, thereby reducing trade costs, and trading with countries in the North are also found to have positive impacts on export diversification for developing countries.

Trade Reforms and Trade Patterns in Latin America

Trade Reforms and Trade Patterns in Latin America
Author: Vivianne Ventura-Dias
Publisher: Santiago, Chile : United Nations Economic Commission for Latin America and the Caribbean, International Trade and Development Finance Division, International Trade Unit
Total Pages: 60
Release: 1999
Genre: Business & Economics
ISBN:

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A paper considering the composition of exports as a crucial determinant of the relationship between exports and growth. The trade performance of 16 Latin American countries is examined over the last 20 years, grouping trade data according to the technology used to produce individual goods.