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The World Economy

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MACROECONOMIC EFFECTS OF DEMOGRAPHIC CHANGE: FROM THE PERSPECTIVE OF CHINA'S URBANISATION

Abstract Conventional views hold that low fertility will lead to low economic growth in the future. We examine the case of China, which...

FISCAL MULTIPLIERS AND STRUCTURAL ECONOMIC CHARACTERISTICS: EVIDENCE FROM COUNTRIES IN SUB‐SAHARAN AFRICA

Abstract Output response to discretionary fiscal policy is a key aspect of examining various theories, findings of empirical studies...

 
 
 

THE EFFECTS OF DIGITAL TRADE POLICIES ON DIGITAL TRADE

Abstract As digital trade expands worldwide, the importance of policy factors in digital trade is garnering attention. However, the...

EXCHANGE RATE REGIMES AND CURRENT ACCOUNT PERSISTENCE

Abstract We empirically examine Friedman's hypothesis that floating exchange rates facilitate current account adjustments. The main...

 
 
 

LABOUR MARKET RIGIDITY AND TRADE MARGINS

Abstract Countries differ, sometimes significantly, regarding their basic labour market structure. Despite the prevalence of theoretical...

SKILL SUBSTITUTABILITY, TRADE WITH CHINA AND COLLEGE WAGE PREMIUM IN KOREA

Abstract This study explores the major driving forces behind the dynamic pattern of the college wage premium in Korea since the 1980s,...

 
 
 

FOREIGN DIRECT INVESTMENT AND PRODUCT QUALITY IN HOST ECONOMIES

Abstract We examine, both theoretically and empirically, how the presence of FDI affects product quality of domestic firms through...

ISSUE INFORMATION

The World Economy, Volume 46, Issue 3, Page 497-497, March 2023.

 
 
 

DYNAMIC IMPACTS OF INTERMITTENT TRADE CONFLICTS

Abstract This paper examines how intermittent trade conflicts affect production, investment and exports of an industry that produces...

EFFECTIVE GDP: A CROSS‐COUNTRY COMPARISON

Abstract A large literature has developed around alternatives to gross domestic product per capita for cross-country comparisons of...

 
 
 

GLOBAL VALUE CHAINS AND FEMALE EMPLOYMENT: THE EVIDENCE FROM VIETNAM

Abstract What is the relationship between female employment and global value chains in developing countries? Motivated by the rise...

FIRM LEVEL CHARACTERISTICS AND THE IMPACT OF COVID‐19: EXAMINING THE EFFECTS OF FOREIGN OWNERSHIP AND INTERNATIONAL TRADE

Abstract Using a large multi-country firm level dataset from the World Bank Enterprise Survey, we examine whether multinational corporations...

 
 
 

TRADE MISREPORTING: EVIDENCE FROM PAKISTANI IMPORTERS

Abstract This paper provides direct evidence of attempted tax evasion in response to changes in tariff rates in a small open economy...

CHILD LABOUR AND GLOBAL VALUE CHAINS

Abstract We explore the relationship between the internationalization of production through Global Value Chains and child labour at...

 
 
 

INTRA AND EXTRA‐REGIONAL TRADE COSTS: A COMPARATIVE APPROACH TO LATIN AMERICAN PERFORMANCE

Abstract The world expansion of trade in manufactured goods has been more dynamic than production over the last 25 years. The greater...

DO DEEP REGIONAL TRADE AGREEMENTS STRENGTHEN ANTI‐CORRUPTION? A SOCIAL NETWORK ANALYSIS

Abstract This paper adds to research on the international drivers of corruption and anti-corruption by focusing on the influence of...

 
 
 

TRADE POLICY REVIEW OF SINGAPORE

Abstract As a small open economy with almost no natural resources, Singapore is highly dependent on international trade. This paper...

INTERNATIONAL TRADE, INTELLECTUAL PROPERTY RIGHTS AND THE EMPLOYMENT OF MIGRANTS

Abstract We study the effect of trade liberalization and intellectual property rights protection on the unemployment rate of migrants...

 
 
 

ECONOMIC IDEAS AND TAIWAN'S SHIFT TO EXPORT PROMOTION IN THE 1950S

Abstract Taiwan was the first developing country to adopt an export-oriented trade strategy after World War II. The factors usually...

CULTURAL INSTITUTES: NETWORKS AND DETERMINANTS

Abstract This paper documents the spread of national cultural institutes. We first build a data-set of 32 cultural institutes that...

 
 
 



Lesbian Bars in Los Angeles Change With the Times

Two recent openings testify to the power, and joy, of queer spaces. Read more ...

No More Blank Checks: Saudi Arabia Clamps Down on Regional Aid

The kingdom used to send money to poorer countries like Egypt with few strings attached. But it is increasingly leveraging its economic power for influence in the Middle East... Read more ...

Gift of a Stethoscope to a Refugee Child Inspired a Career of Caring

Waheed Arian fled the war in Afghanistan when he was a teenager. Now an emergency room doctor in Britain, he has made it his mission to bring hope and healing to others. Read more ...

Want to see Trump's mugshot? NY law says he'd need to release it

The impending indictment of former President Donald J. Trump has fueled widespread speculation about the impact of the release of his booking photo, including from conservative... Read more ...

Chicago crime: Man stabbed to death inside his vehicle in Homan Square...

A man was stabbed to death inside his vehicle on Chicago's West Side, police said. Read more ...

Person hit, killed by train in Dunn

Person hit, killed by train in Dunn

A person was struck by a train and killed in Dunn. Read more ...

What Are Russian TOR-M2 Anti-Aircraft Missile Systems?

Four Russian TOR systems were taken out by Ukrainian forces in March, Kyiv's military said. Read more ...

NFL notes: There's a lot riding on Bill O'Brien fixing Patriots QB Mac Jones

While Bill Belichick once again avoided endorsing Mac Jones as his starting quarterback Monday at the league meetings, it's still a good bet Jones will be under center when the... Read more ...

WWE WrestleMania 39 Results: Rey Mysterio Defeats Son Dominik But Epic...

WWE struck gold with the climax of Rey vs. Dominik Mysterio at WrestleMania 39. Read more ...

Lamont: Southbury Training School, costing more than $500,000 per resident...

Lamont: Southbury Training School, costing more than $500,000 per resident, to remain open

At one time, the Southbury Training School served nearly 2,000 developmentally disabled residents with 24-hour care in an institutional setting. Today, the population has... Read more ...