Author : Gerry Helleiner
Publisher : Routledge
Page : 161 pages
File Size : 50,10 MB
Release : 1995-09-07
Category : Business & Economics
ISBN : 1134804822
In recent years, much has been made of the success of developing countries, particularly in East Asia, which have achieved economic growth by manufacturing goods which are then exported to developed economies. Case studies of five countries uncover serious potential difficulties in maintaining the pace of manufacturing for export in the developing
Author : Robert C. Feenstra
Publisher : University of Chicago Press
Page : 603 pages
File Size : 18,59 MB
Release : 2010-03-10
Category : Business & Economics
ISBN : 0226239721
In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.
Author : Mary Hallward-Driemeier
Publisher : World Bank Publications
Page : 288 pages
File Size : 34,52 MB
Release : 2017-10-12
Category : Business & Economics
ISBN : 1464811938
Technology and globalization are threatening manufacturing’s traditional ability to deliver both productivity and jobs at a large scale for unskilled workers. Concerns about widening inequality within and across countries are raising questions about whether interventions are needed and how effective they could be. Trouble in the Making? The Future of Manufacturing-Led Development addresses three questions: - How has the global manufacturing landscape changed and why does this matter for development opportunities? - How are emerging trends in technology and globalization likely to shape the feasibility and desirability of manufacturing-led development in the future? - If low wages are going to be less important in defining competitiveness, how can less industrialized countries make the most of new opportunities that shifting technologies and globalization patterns may bring? The book examines the impacts of new technologies (i.e., the Internet of Things, 3-D printing, and advanced robotics), rising international competition, and increased servicification on manufacturing productivity and employment. The aim is to inform policy choices for countries currently producing and for those seeking to enter new manufacturing markets. Increased polarization is a risk, but the book analyzes ways to go beyond focusing on potential disruptions to position workers, firms, and locations for new opportunities. www.worldbank.org/futureofmanufacturing
Author : Daniel Lederman
Publisher : World Bank Publications
Page : 153 pages
File Size : 49,78 MB
Release : 2012-06-18
Category : Business & Economics
ISBN : 0821384910
Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book approaches these questions from a variety of conceptual and policy viewpoints. Reviewing the theoretical arguments in favor of industrial policies, the authors first ask whether existing indicators allow policy makers to identify growth-promoting sectors with confidence. To this end, they assess, and ultimately cast doubt upon, the reliability of many popular indicators advocated by proponents of industrial policy. Second, and central to their critique, the authors document extraordinary differences in the performance of countries exporting seemingly identical products, be they natural resources or 'high-tech' goods. Further, they argue that globalization has so fragmented the production process that even talking about exported goods as opposed to tasks may be misleading. Reviewing evidence from history and from around the world, the authors conclude that policy makers should focus less on what is produced, and more on how it is produced. They analyze alternative approaches to picking winners but conclude by favoring 'horizontal-ish' policies--for instance, those that build human capital or foment innovation in existing and future products—that only incidentally favor some sectors over others.
Author : Carla Macario
Publisher : Lynne Rienner Publishers
Page : 196 pages
File Size : 46,9 MB
Release : 2000
Category : Business & Economics
ISBN : 9781555877590
Although Latin American and Caribbean countries have assigned a high priority to increasing exports, export performance in most cases remains deficient. This work investigates why this is so, identifying the policies that determine successes and failures in Brazil, Chile, Colombia and Mexico.
Author : Gaurav Nayyar
Publisher : World Bank Publications
Page : 364 pages
File Size : 36,13 MB
Release : 2021-10-18
Category : Business & Economics
ISBN : 1464817103
Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.
Author : Mr.Nicola Spatafora
Publisher : International Monetary Fund
Page : 51 pages
File Size : 44,82 MB
Release : 2012-02-01
Category : Business & Economics
ISBN : 1463937776
A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was less pronounced in LICs. Sophisticated sectors are more likely to act as a catalyst for broad-based economic growth, rather than turning into isolated enclaves, when the economy is liberalized, the exchange rate is not overvalued, and there are good information flows. An educated workforce, external liberalization, and good information flows are important prerequisites for developing sophisticated goods and services. An appropriate macroeconomic policy is particularly important for goods, skilled labor and good information flows for services.
Author : Commission on Growth and Development
Publisher : World Bank Publications
Page : 198 pages
File Size : 47,35 MB
Release : 2008-07-23
Category : Business & Economics
ISBN : 0821374923
The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.
Author : Eamonn Fingleton
Publisher : Houghton Mifflin Harcourt
Page : 296 pages
File Size : 34,30 MB
Release : 1999
Category : Industries
ISBN : 9780395899687
"In Praise of Hard Industries offers an authoritative and deeply disturbing counterargument to the many unexamined assumptions and glibly misstated facts that are driving our embrace of postindustrialism."--BOOK JACKET.
Author : Mary Amiti
Publisher : World Bank Publications
Page : 29 pages
File Size : 45,7 MB
Release : 2008
Category : Agriculture
ISBN :
Abstract: Decomposing China's real export growth, of over 500 percent since 1992, reveals a number of interesting findings. First, China's export structure changed dramatically, with growing export shares in electronics and machinery and a decline in agriculture and apparel. Second, despite the shift into these more sophisticated products, the skill content of China's manufacturing exports remained unchanged, once processing trade is excluded. Third, export growth was accompanied by increasing specialization and was mainly accounted for by high export growth of existing products (the intensive margin) rather than in new varieties (the extensive margin). Fourth, consistent with an increased world supply of existing varieties, China's export prices to the United States fell by an average of 1.5 percent per year between 1997 and 2005, while export prices of these products from the rest of the world to the United States increased by 0.4 percent annually over the same period.
