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SME internationalization through global value chains and free trade agreements: Malaysian evidence
...that utilization of FTAs is not without costs—firms will have to learn and understand the FTA provisions, tailor business plans to complex tariff schedules, and obtain certificates of origin. Larger...
Don’t be derailed by rights-of-way
...always be greater. Add to that, if the smallholder is a long-time member of a nurturing village or thriving ethnic community, they are also going to be more cautious about...
Resilient education systems critical for learning continuity during crises
By Tetsushi Sonobe, Elizabeth King, Daniel Suryadarma, Michelle Kaffenberger and Dieter Dohmen. Posted April 21, 2022
...learning disruptions. There are three main areas: increasing preparedness during normal times, implementing an early systematic response during a disruption, and recovering learning after a disruption. In practice, these steps...
The upgraded ASEAN-People’s Republic of China Free Trade Agreement could matter, big time
...e-commerce. Table 1: Key Amendments Introduced by the ACFTA Upgrade Protocol Sources: Protocol to Amend the Framework Agreement on Comprehensive Economic Cooperation and Certain Agreements between ASEAN and the People’s...
Next generation of quality development and investment in the new Pacific trade pact
...Latest disclosure available from each SWF’s official website and their self-assessment compliance reports on the IFSWF website, visited on 13 March 2018. Compiled by author. Half trillion in US dollars...
East Asia can learn from Europe’s mistakes
The current European crisis has highlighted the policy mistakes that were made in the process of European financial and monetary integration. It has exposed major deficits in the eurozone’s institutional framework, including insufficient macroeconomic policy coordination and the lack of a crisis response mechanism (which then had to be negotiated in the midst of crisis). One of the major failures that led to the current European predicament was that national and European policymakers allowed the build-up of huge macroeconomic imbalances within the eurozone. Wages and prices in southern “periphery” countries (with Ireland being an honorary member of the south) rose much more quickly than in the northern “core” countries such as Germany. The resulting loss of economic competitiveness of the periphery countries has led to a growth crisis that fed into a sovereign debt crisis after government finances were severely strained during the global financial crisis.
Japan’s deglobalization
...best faculty would leave and globally oriented funding would flow elsewhere. Third, the elite will suffer because their power comes from their Japanese credentials (education, experience, recognition, connections, etc.). Globalization...
A vision of global free trade? The new regionalism and the ‘building blocs’ debate
...the horizon The Transpacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP) are two mega-regional agreements notable for their sheer size, overlap, and comprehensiveness. Moreover, the 2010 APEC “Yokohama...
Can electric vehicles lead the way to a sustainable future?
...Loop Start? 13 July. The Atlantic. https://www.theatlantic.com/science/archive/2022/07/electric-cars-climate-change-environmental-impact/670505/ Morse, I. 2021. Millions of Electric Cars are Coming. What Happens to All the Dead Batteries? https://www.science.org/content/article/millions-electric-cars-are-coming-what-happens-all-dead-batteries Paoli, L., and T. Gul. 2022....
What are the policy options for reversing productivity decline?
...time, it is also crucial for enhancing national competitiveness. In most developing countries, the priorities at present are facilitating the transfer of labor, promoting skill matching, reducing government intervention, and...
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