Growth Potential and Corporate Disclosure: The Case of Foreign Trade Liberalization

2008 ◽  
Author(s):  
Shang-Jin Wei ◽  
Hui Tong
Keyword(s):  
Foreign Trade ◽  
Trade Liberalization ◽  
Growth Potential ◽  
Corporate Disclosure

scholarly journals Export of Services by Kazakhstan: Trends, Structure, Growth Potential

2021 ◽  
pp. 128-144
Author(s):  
V. Dodonov
Keyword(s):  
Foreign Trade ◽  
Significant Contribution ◽  
Growth Potential ◽  
Trade In Services ◽  
Advanced Development

The article examines the situation with the export of services from Kazakhstan. The dynamics of the volume and relative parameters of export of services, its structure by main types and geographical areas are analyzed. Long-term tendencies of foreign trade in services are revealed, the role of export of services in the total volume of exports of Kazakhstan is compared with other countries and their groups. The features of the export of the two largest types of Kazakhstani export of services – transport and travel are considered in detail. The directions of stimulating export of certain types of services that can make a significant contribution to increasing exports and ensure the advanced development of non-resource foreign trade are substantiated.

scholarly journals Brexit as a Factor behind the Evolution of ASEAN’s Trade in Services with the United Kingdom

2020 ◽  
pp. 310-326
Author(s):  
E.A. Galchenko ◽  
Keyword(s):  
United Kingdom ◽  
Foreign Trade ◽  
European Integration ◽  
Trade Liberalization ◽  
Global Economy ◽  
Trade Agreement ◽  
Economic Cooperation ◽  
Southeast Asian ◽  
Trade In Services ◽  
The United Kingdom

The article examines the current transformation of ASEAN−UK foreign economic cooperation pattern in the context of digitalization of the global economy. Brexit as a manifestation of the European integration crisis has catalyzed diversification of Britain’s foreign trade in services. Southeast Asian nations are becoming the UK’s priority partner in this area. In these circumstances, parties have to choose the model of their future trade agreement and the degree of trade liberalization.

scholarly journals Will Decline in Foreign Trade Reshape Internal Economic Geography? Simulations in an Estimated Model of the Chinese Space-economy

2016 ◽  
Vol 2 (4) ◽  
pp. 54
Author(s):  
Qiliang Mao ◽  
Fei Wang
Keyword(s):  
Spatial Distribution ◽  
Spatial Pattern ◽  
Foreign Trade ◽  
Trade Liberalization ◽  
Economic Geography ◽  
Policy Reforms ◽  
Industry Data ◽  
Space Economy ◽  
Parameter Values

This study evaluates the role of decline in foreign trade in shaping China’s internal economic Geography. In a first step, we develop a multi-region multi-industry economic geography model under Cournot competition, of which we estimate the parameter values from real regional and industry data to obtain a predictable model. Next, we set some scenarios reflecting a decline in export to simulate the evolution of industrial spatial pattern. The simulations indicate the evident impact of decreasing export on the spatial distribution of industries; besides, the degree of influence varies across different industries. Moreover, the decline in export of one industry not only influences its own location, but also the location of the forward or backward-linked industries. However, the general spatial pattern, observed after policy reforms and trade liberalization, will not be reversed due to export recession in China.

Russia's Foreign Trade in Agricultural Commodities in Its Transition to Liberalization

2016 ◽  
pp. 96-116
Author(s):  
Vasily Erokhin
Keyword(s):  
Foreign Trade ◽  
Trade Liberalization ◽  
Rural Households ◽  
Organic Production ◽  
Agricultural Products ◽  
International Competition ◽  
Competitive Advantages ◽  
Green Products ◽  
Current State ◽  
Green Production

The chapter includes an analysis of the current state of the international organic market and contemporary tendencies in the production and marketing of green products in Russia. Analysis of Russia's foreign trade in agricultural products is also provided. This chapter includes an overview of major threats and opportunities for organic production in Russia in view of trade liberalization. This is also related to state support of green production in Russia and CIS and its influence on volumes, directions, structure and effectiveness of trade. The chapter concludes with assessment of perspective tools to ensure sustainability of green production through a set of political, social and financial tools, and bigger involvement of rural households into international competition, diversification of traditional rural sources of income by means of green production, local identification and specialization, and utilization of existing competitive advantages.

Russia's Foreign Trade in Agricultural Commodities in Its Transition to Liberalization

2015 ◽  
pp. 253-273 ◽  
Author(s):  
Vasily Erokhin
Keyword(s):  
Foreign Trade ◽  
Trade Liberalization ◽  
Rural Households ◽  
Organic Production ◽  
Agricultural Products ◽  
International Competition ◽  
Competitive Advantages ◽  
Green Products ◽  
Current State ◽  
Green Production

The chapter includes an analysis of the current state of the international organic market and contemporary tendencies in the production and marketing of green products in Russia. Analysis of Russia's foreign trade in agricultural products is also provided. This chapter includes an overview of major threats and opportunities for organic production in Russia in view of trade liberalization. This is also related to state support of green production in Russia and CIS and its influence on volumes, directions, structure and effectiveness of trade. The chapter concludes with assessment of perspective tools to ensure sustainability of green production through a set of political, social and financial tools, and bigger involvement of rural households into international competition, diversification of traditional rural sources of income by means of green production, local identification and specialization, and utilization of existing competitive advantages.

scholarly journals New Tendencies in Contemporary Foreign Trade Policy

2019 ◽  
pp. 1-23
Author(s):  
Zdzisław W. Puślecki
Keyword(s):  
Foreign Trade ◽  
Trade Policy ◽  
Trade Liberalization ◽  
Research Work ◽  
Foreign Trade Policy ◽  
Trade Theory ◽  
Theoretical Terms ◽  
Factor Specificity ◽  
Factor Returns ◽  
Openness To Trade

In this research work, the author focuses on the analysis new tendencies in contemporary foreign trade policy. Accordance to the foreign trade policy theory further trade liberalization and improved framework policies would increase trade and promote growth. It must be emphasized that openness to trade is associated with higher incomes and growth and there is the need for new approaches to trade cooperation in light of the forces that are currently re-shaping international business. What indicates the importance and innovativeness of the research is the presentation of the new models of foreign trade policy and trade interests. First of all it must underline that in the new theoretical terms in the demand for trade policy very important is factor specificity. The low specificity of factors means that factor returns are equalized throughout a region’s economy. On the other hand some factors are stuck in their present uses; therefore, factor returns are not equalized throughout a region’s economy but are industry-specific. The main objective of the research task is to give a comprehensive analysis of current trends in foreign trade theory and policy and in particular the models of foreign trade policy, trade interests indicated by export orientation and import sensitivity, foreign trade policy in different types of authoritarian regimes, protectionism pressures in different political system, the level of protectionism pressures, the variation in the foreign trade policy among states, the liberalization of China foreign trade policy and their effects,  the tendencies to international trade liberalization and the problem of environmental protection, and the tendencies to bilateralism in the foreign trade policy. It should be stressed that free trade in itself is not responsible for economic growth, but more significant are the determining macroeconomic stability and increasing investment.

Foreign Trade in Russia

2014 ◽  
Vol 3 (3) ◽  
pp. 1-18 ◽  
Author(s):  
Vasily Erokhin
Keyword(s):  
Economic Development ◽  
Foreign Trade ◽  
Trade Liberalization ◽  
Boundary Effect ◽  
Import Substitution ◽  
Economic Security ◽  
Structural Problems ◽  
Export Expansion ◽  
Effect Model ◽  
Level Of Economic Development

Until recently only one of the largest economies – Russia was not among the WTO members. Russia's accession into the WTO drew out hidden structural problems of national economy, low competitiveness of domestic producers, dependence on fossil-fuel exports, and regional disparities. The paper aims at overview of the existing distortions of Russia's foreign trade and their potential threats to sustainable economic development and national economic security in view of the running trade liberalization. Regional implementations of trade liberalization are investigated on the case of the Stavropol Krai, one of the southern regions of Russia with an average level of economic development. The Gravity model is implemented to analyze trade activities of the region; the Boundary Effect Model is utilized to evaluate the effects of trade liberalization on separate industries. Simulation allowed distributing regional commodities on their competitiveness depending on export quota and boundary effect, and accessing aftermaths of export expansion and import substitution.

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