This paper examines how a country’s integration into global value chains (GVCs) influences its economic growth. GVCs have transformed international trade by shifting the focus from final goods to fragmented production networks across countries.…
Amidst an increasingly complex global economic landscape, the rapid expansion of digital trade has emerged as a vital growth engine for nations worldwide while simultaneously disrupting traditional international trade frameworks. Major developed…
Este artículo explora cómo la desglobalización y la fragmentación del comercio están reconfigurando los patrones de integración regional y los flujos de las cadenas de valor globales. Empleando un enfoque de métodos mixtos, combina análisis…
ln recent years, the trend of politicization of trade has become increasingly fierce. The reasons are as follows: firstly, at the ideological level, it is caused by the zero-sum game thought prevailing in the international society dominated by the…
Background
Globalisation has brought significant benefits to countries’ industrialisation, but its impact has not been uniform. Policymakers in developing countries have increasingly focused on sound institutions’ role in offsetting the potential…
The finite nature of certain fossil fuels, which are essential inputs in production, imposes a substantial constraint on the economy's long-term growth potential. This paper develops an endogenous directed technical change model under uncertainty…