The balance-of-payments (BOP)-constrained growth rate is the maximum gross domestic product (GDP) growth rate above which unsustainable current account deficits emerge, forcing policymakers to implement contractionary measures that ultimately reduce…
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.…
The mounting interest in the environment has triggered scholars’ attention and effort to study the determinants of environmental degradation. Yet, a gap in the literature remains unexplored, environmental impacts of trade market diversification/…
This study examines the imbalance in bilateral trade between India and China, which has been marked by a trade deficit on India's side since the early 2000s. Using a descriptive qualitative approach and secondary data sources from academic journals…
The study investigates the dynamic relationship between education quality and economic growth in developed and developing countries for the period 2000–2020. Considering the Group Mean Fully Modified OLS (GM-FMOLS) model, the results prove the…
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…
This policy paper critically examines the evolution, effectiveness, and shortcomings of Nepal’s investment, industrial, and trade policies over the past nine decades. Despite various reforms and liberalization efforts, Nepal has failed to attract…
The complex relationship between foreign direct investment (FDI), political stability, and economic growth remains a critical area of study, particularly for developing economies like South Africa. This research investigates how FDI impacts economic…