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Author: Daniel Lederman
Publisher: World Bank Publications
ISBN:
Category : Commercial policy
Languages : en
Pages : 34
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Book Description
Abstract: This paper examines the extent to which the growth of China and India in world markets is affecting the patterns of trade specialization in Latin American economies. The authors construct Vollrath's measure of revealed comparative advantage by 3-digit ISIC sector, country, and year. This measure accounts for both imports and exports. The empirical analyses explore the correlation between the revealed comparative advantage of Latin America and the two Asian economies. Econometric estimates suggest that the specialization pattern of Latin A-with the exception of Mexico-has been moving in opposite direction of the trade specialization pattern of China and India. Labor-intensive sectors (both unskilled and skilled) probably have been negatively affected by the growing presence of China and India in world markets, while natural resource and scientific knowledge intensive sectors have probably benefited from China and India's growth since 1990.
Author: Daniel Lederman
Publisher: World Bank Publications
ISBN:
Category : Commercial policy
Languages : en
Pages : 34
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Book Description
Abstract: This paper examines the extent to which the growth of China and India in world markets is affecting the patterns of trade specialization in Latin American economies. The authors construct Vollrath's measure of revealed comparative advantage by 3-digit ISIC sector, country, and year. This measure accounts for both imports and exports. The empirical analyses explore the correlation between the revealed comparative advantage of Latin America and the two Asian economies. Econometric estimates suggest that the specialization pattern of Latin A-with the exception of Mexico-has been moving in opposite direction of the trade specialization pattern of China and India. Labor-intensive sectors (both unskilled and skilled) probably have been negatively affected by the growing presence of China and India in world markets, while natural resource and scientific knowledge intensive sectors have probably benefited from China and India's growth since 1990.
Author: Daniel Lederman
Publisher:
ISBN:
Category :
Languages : en
Pages : 34
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Book Description
This paper examines the extent to which the growth of China and India in world markets is affecting the patterns of trade specialization in Latin American economies. The authors construct Vollrath's measure of revealed comparative advantage by 3-digit ISIC sector, country, and year. This measure accounts for both imports and exports. The empirical analyses explore the correlation between the revealed comparative advantage of Latin America and the two Asian economies. Econometric estimates suggest that the specialization pattern of Latin A - with the exception of Mexico - has been moving in opposite direction of the trade specialization pattern of China and India. Labor-intensive sectors (both unskilled and skilled) probably have been negatively affected by the growing presence of China and India in world markets, while natural resource and scientific knowledge intensive sectors have probably benefited from China and India's growth since 1990.
Author: Klaus Gerhaeusser
Publisher: Asian Development Bank
ISBN: 9290920688
Category : Business & Economics
Languages : en
Pages : 577
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Book Description
The economies of the People's Republic of China and India have seen dramatic growth in recent years. As their respective successes continue to reshape the world's economic landscape, noted Chinese and Indian scholars have studied the two countries' development paths, in particular their rich and diverse experiences in such areas as education, information technology, local entrepreneurship, capital markets, macroeconomic management, foreign direct investment, and state-owned enterprise reforms. Drawing on these studies, ADB has produced a timely collection of lessons learned that serves as a valuable refresher on the challenges and opportunities ahead for developing economies, especially those in Asia and the Pacific.
Author: Eswar Prasad
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 80
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Book Description
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s macroeconomy and economic structure. It also surveys the main policy challenges that will need to be addressed for China to maintain sustained high growth and continued global integration.
Author: Riordan Roett
Publisher: Rowman & Littlefield
ISBN: 0815775547
Category : Political Science
Languages : en
Pages : 288
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Book Description
With President Hu Jintao's November 2004 visit to Latin America, China signaled to the rest of the world its growing interest in the region. Many observers welcome this development, highlighting the benefits of increased trade and investment, as well as diplomatic cooperation, for both sides. But other analysts have raised concerns about the relationship's impact on Latin American competitiveness and its implications for U.S. influence in Washington's traditional backyard. In C hina's Expansion into the Western Hemisphere, experts from Latin America, China, and the United States, as well as Europe, analyze the history of this triangular relationship and the motivations of each of the major players. Several chapters focus on China's growing economic ties to the region, including Latin America's role in China's search for energy resources worldwide. Other essays highlight the geopolitical implications of Chinese hemispheric policy and set recent developments in the broader context of China's role in the developing world. Together, they provide an absorbing look at a particularly sensitive aspect of China's emergence as a world power. Contributors include Christopher Alden (London School of Economics), Robert Devlin (ECLAC), Francisco González (Johns Hopkins–SAIS), Monica Hirst (Torcuato Di Tella University), Josh Kurlantzick (Carnegie Endowment for International Peace), Xiang Lanxin (Graduate Institute of International Studies, Geneva), Luisa Palacios (Barclays), Jiang Shixue (Chinese Academy of Social Sciences), Barbara Stallings (Brown University), Juan Tokatlián (San Andrés University), and Zheng Kai (Fudan University).
Author: Nilendu Chatterjee
Publisher: Taylor & Francis
ISBN: 1040263712
Category : Education
Languages : en
Pages : 323
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Book Description
The book deals with the intricate challenges academia faces in integrating skill development into the curriculum and how improving the industry-academia interface could be a solution through education policies. It responds to the need for skill-centric development, aligning with the demands of Education 4.0 in today’s Industry 4.0. This multi-disciplinary volume covers the need for effective collaboration between education sectors and industries, covering the modern-day needs of the labour market and initiatives of the public sector. On the other hand, it emphasises the role of education policies, non-formal education and training for teachers in developing skills for different stakeholders of education sectors. The book also highlights how modern-day initiatives like ed-tech start-ups have been redefining skill development and education in the post-COVID period. This book would be useful to the students, researchers and teachers working in the fields of Education, Psychology, Development Studies, Social Work, and Sociology. It would also be an invaluable companion to policy makers, professionals from government and non-government organisations working in the education and social development sectors
Author: World Bank
Publisher: World Bank Publications
ISBN: 082138404X
Category : Business & Economics
Languages : en
Pages : 96
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Book Description
'The World Bank South Asia Economic Update 2010: Moving Up, Looking East' is the World Bank s comprehensive annual report on the region s economies. In this first edition, the Bank finds that South Asia s strong rebound since March 2009 is comparable to that in East Asia. Government policy, external support, resumption of private spending and global recovery are driving the rebound. Robust and timely policy interventions were, and continue to be, a key to confidence and recovery. South Asia s particular strengths and forms of global integration not the lack of it were the main factors that allowed greater resilience. As a special topic, the report examines and recommends three principal directions to reposition South Asia s trade and investment integration policies and profitably expand their domestic economies in both manufacturing and services.
Author: Ashok Gulati
Publisher: Johns Hopkins University Press
ISBN: 9780801887864
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
China and India are the most extraordinary economic success stories of the developing world. Both nations’ economies have grown dramatically over the past few decades, elevating them from two of the world’s poorest countries into projected economic superpowers. As a result, the numbers of Chinese and Indians living in poverty have rapidly fallen and per capita incomes in China and India have quadrupled and doubled, respectively. This book investigates the reasons for these staggering accomplishments and the lessons that can be applied both to other developing nations and to the problem of poverty that remains in these two countries. The contributors pay particular attention to agriculture and the rural economy, examining how initial conditions and investments and the prioritization and sequencing of different policies and strategies have led to successes, and how the agricultural and rural sectors connect to overall economic expansion. They also emphasize the importance of anti-poverty programs and safety nets in helping poor people escape poverty. The book offers a set of policy and strategic options for future growth and poverty reduction. These include setting the right priorities for public spending, identifying trade and market reforms, building social safety nets for the poorest of the poor, and building accountable institutions that can provide public goods and services effectively. The book concludes by examining future challenges to China and India’s economic development, such as the need to ensure growth that is sustainable, equitable, and environmentally friendly. The Dragon and the Elephant offers valuable insights to development specialists anxious to multiply the benefits experienced by two of the greatest economic successes in recent times.
Author: World Bank
Publisher: World Bank Publications
ISBN: 082137608X
Category : Political Science
Languages : en
Pages : 410
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Book Description
Rising densities of human settlements, migration and transport to reduce distances to market, and specialization and trade facilitated by fewer international divisions are central to economic development. The transformations along these three dimensions density, distance, and division are most noticeable in North America, Western Europe, and Japan, but countries in Asia and Eastern Europe are changing in ways similar in scope and speed. 'World Development Report 2009: Reshaping Economic Geography' concludes that these spatial transformations are essential, and should be encouraged. The conclusion is not without controversy. Slum-dwellers now number a billion, but the rush to cities continues. Globalization is believed to benefit many, but not the billion people living in lagging areas of developing nations. High poverty and mortality persist among the world's 'bottom billion', while others grow wealthier and live longer lives. Concern for these three billion often comes with the prescription that growth must be made spatially balanced. The WDR has a different message: economic growth is seldom balanced, and efforts to spread it out prematurely will jeopardize progress. The Report: documents how production becomes more concentrated spatially as economies grow. proposes economic integration as the principle for promoting successful spatial transformations. revisits the debates on urbanization, territorial development, and regional integration and shows how today's developers can reshape economic geography.
Author: Natalia Dinello
Publisher: Edward Elgar Publishing
ISBN: 178100773X
Category : Business & Economics
Languages : en
Pages : 291
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Book Description
China, India and Beyond challenges the widespread belief that China and India will be the driving forces of the global economy in the 21st century. Scholars of these two countries offer scenarios ranging from buoyant to subdued to negative, depending on h
