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Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451855869
Category : Business & Economics
Languages : en
Pages : 42
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Book Description
This paper provides an assessment of competitiveness and external trade performance of the French manufacturing industry during the 1980s and early 1990s. The first part of the paper reviews developments in a broad range of competitiveness indicators. The analysis indicates that the manufacturing sector appears to have maintained its competitive position in recent years. The second part discusses developments in export market shares. The third part estimates a vector error correction model relating the trade ratio to relative unit labor costs, domestic and foreign demand, and nonprice competitiveness. Variance decompositions suggest that fluctuations in price and nonprice competitiveness account for about two-fifths of fluctuations in manufacturing trade flows.
Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451855869
Category : Business & Economics
Languages : en
Pages : 42
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Book Description
This paper provides an assessment of competitiveness and external trade performance of the French manufacturing industry during the 1980s and early 1990s. The first part of the paper reviews developments in a broad range of competitiveness indicators. The analysis indicates that the manufacturing sector appears to have maintained its competitive position in recent years. The second part discusses developments in export market shares. The third part estimates a vector error correction model relating the trade ratio to relative unit labor costs, domestic and foreign demand, and nonprice competitiveness. Variance decompositions suggest that fluctuations in price and nonprice competitiveness account for about two-fifths of fluctuations in manufacturing trade flows.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264279172
Category :
Languages : en
Pages : 222
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Book Description
The 32nd issue of the International Productivity Monitor is a special issue produced in collaboration with the OECD. All articles published in this issue were selected from papers presented at the First Annual Conference of the OECD Global Forum on Productivity held in Lisbon, Portugal, July ...
Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1589069102
Category : Business & Economics
Languages : en
Pages : 296
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Book Description
This paper empirically evaluates four types of costs that may result from an international sovereign default: reputational costs, international trade exclusion costs, costs to the domestic economy through the financial system, and political costs to the authorities. It finds that the economic costs are generally significant but short-lived, and sometimes do not operate through conventional channels. The political consequences of a debt crisis, by contrast, seem to be particularly dire for incumbent governments and finance ministers, broadly in line with what happens in currency crises.
Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1451957092
Category : Business & Economics
Languages : en
Pages : 268
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Book Description
This paper extends a standard growth model and obtains consistent panel data estimates of the growth retarding effects of military spending via its adverse impact on capital formation and resource allocation. Simulation experiments suggest that a substantial long-term “peace dividend”—in the form of higher capacity output—may result from markedly lower military expenditure levels achieved in most regions during the late 1980s, and the further military spending cuts that would be possible if global peace could be secured.
Author: Aaditya Mattoo
Publisher: Oxford University Press
ISBN: 019923521X
Category : Business & Economics
Languages : en
Pages : 675
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Book Description
This title provides a comprehensive introduction to the key issues in trade and liberalization of services. Providing a useful overview of the players involved, the barriers to trade, and case studies in a number of service industries, this is ideal for policymakers and students interested in trade.
Author:
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 830
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Book Description
Author: Mr.Koshy Mathai
Publisher: International Monetary Fund
ISBN: 1475531710
Category : Business & Economics
Languages : en
Pages : 84
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Book Description
China’s trade patterns are evolving. While it started in light manufacturing and the assembly of more sophisticated products as part of global supply chains, China is now moving up the value chain, “onshoring” the production of higher-value-added upstream products and moving into more sophisticated downstream products as well. At the same time, with its wages rising, it has started to exit some lower-end, more labor-intensive sectors. These changes are taking place in the broader context of China’s rebalancing—away from exports and toward domestic demand, and within the latter, away from investment and toward consumption—and as a consequence, demand for some commodity imports is slowing, while consumption imports are slowly rising. The evolution of Chinese trade, investment, and consumption patterns offers opportunities and challenges to low-wage, low-income countries, including China’s neighbors in the Mekong region. Cambodia, Lao P.D.R., Myanmar, and Vietnam (the CLMV) are all open economies that are highly integrated with China. Rebalancing in China may mean less of a role for commodity exports from the region, but at the same time, the CLMV’s low labor costs suggest that manufacturing assembly for export could take off as China becomes less competitive, and as China itself demands more consumption items. Labor costs, however, are only part of the story. The CLMV will need to strengthen their infrastructure, education, governance, and trade regimes, and also run sound macro policies in order to capitalize fully on the opportunities presented by China’s transformation. With such policy efforts, the CLMV could see their trade and integration with global supply chains grow dramatically in the coming years.
Author: Arthur Francis
Publisher: Taylor & Francis
ISBN: 100088435X
Category : Business & Economics
Languages : en
Pages : 227
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Book Description
First published in 1989, The Competitiveness of European Industry helps in developing our understanding of the process of improving and measuring industrial competitiveness. The contributors focus on the competitiveness of European industry. Three main topics are discussed: the concept of competitiveness itself; what can be learned about competitiveness at the level of an individual national economy; and processes and strategies in forms which might contribute to improved competitive performance. The first two papers critically assess concepts and measures of national competitiveness and review the performances of the economies of Britain, France, and the Federal German Republic. Then follow accounts of industrial competitiveness in three smaller economies (Belgium, Switzerland, and Sweden), which develop a series of methods and techniques for the analysis of industrial structures and indicate significant policy implications. The three concluding papers look at the competitiveness of British industry at the firm level, focusing on the strategic changes, the competitive process, and technical innovation. This book will be of interest to policy makers, business school teachers, and researchers in the area of strategy, industrial economics, organization behaviour, and innovation management.
Author: International Monetary Fund. Editorial Division
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 104
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Book Description
Author: José María Fanelli
Publisher: IDRC
ISBN: 1552502171
Category : Business & Economics
Languages : en
Pages : 384
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Book Description
Using detailed trade and firm-level financial data, the authors demonstrate, for example, that while links between finance and competitiveness are strong, they are not uniform across sectors and countries. This book examines the link between finance and competitiveness at the macro and sectoral levels in seven different countries: Argentina, Brazil, India, Indonesia, the Philippines, South Africa, and Tunisia, and investigates key international issues, such as the evidence of the impact of exchange rate variability on trade, patterns in bank lending, and trade openness and development.
