Fragmentation in Global Trade: Accounting for Commodities - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fragmentation in Global Trade: Accounting for Commodities write by Marijn A. Bolhuis. This book was released on 2023-03-24. Fragmentation in Global Trade: Accounting for Commodities available in PDF, EPUB and Kindle. We construct a new database which covers production and trade in 136 primary commodities and 24 manufacturing and service sectors for 145 countries. Using this new more granular data, we estimate spillover effects from plausible trade fragmentation scenarios in a new multi-country, multi-sector, general-equilibrium model that accounts for unique demand and supply characteristics of commodities. The results show fragmentation-induced output losses can be sizable, especially for Low-Income-Countries, although the magnitudes vary according to the particular scenarios and modelling assumptions. Our work demonstrates that not accounting for granular commodity production and trade linkages leads to underestimation of the output losses associated with trade fragmentation.
The Collapse of Global Trade, Murky Protectionism, and the Crisis
The Collapse of Global Trade, Murky Protectionism, and the Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Collapse of Global Trade, Murky Protectionism, and the Crisis write by Richard E. Baldwin. This book was released on 2011-03. The Collapse of Global Trade, Murky Protectionism, and the Crisis available in PDF, EPUB and Kindle. The global financial crisis of 2008/9 is the Great Depression of the 21st century. For many though, the similarities stop at the Wall Street Crash as the current generation of policymakers have acted quickly to avoid the mistakes of the past. Yet the global crisis has made room for mistakes all of its own. While governments have apparently kept to their word on refraining from protectionist measures in the style of 1930s tariffs, there has been a disturbing rise in "murky protectionism." Seemingly benign, these crisis-linked policies are twisted to favour domestic firms, workers and investors. This book, first published as an eBook on VoxEU.org in March 2009, brings together leading trade policy practitioners and experts - including Australian Trade Minister Simon Crean and former Mexican President Ernesto Zedillo. Initially its aim was to advise policymakers heading in to the G20 meeting in London, but since the threat of murky protectionism persists, so too do their warnings.
Changing Patterns of Global Trade
Changing Patterns of Global Trade - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Changing Patterns of Global Trade write by Nagwa Riad. This book was released on 2012-01-15. Changing Patterns of Global Trade available in PDF, EPUB and Kindle. Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.
Geoeconomic Fragmentation and Commodity Markets
Geoeconomic Fragmentation and Commodity Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Geoeconomic Fragmentation and Commodity Markets write by Mr. Jorge A Alvarez. This book was released on 2023-10-03. Geoeconomic Fragmentation and Commodity Markets available in PDF, EPUB and Kindle. This paper studies the economic impact of fragmentation of commodity trade. We assemble a novel dataset of production and bilateral trade flows of the 48 most important energy, mineral and agricultural commodities. We develop a partial equilibrium framework to assess which commodity markets are most vulnerable in the event of trade disruptions and the economic risks that they pose. We find that commodity trade fragmentation – which has accelerated since Russia’s invasion of Ukraine – could cause large price changes and price volatility for many commodities. Mineral markets critical for the clean energy transition and selected agricultural commodity markets appear among the most vulnerable in the hypothetical segmentation of the world into two geopolitical blocs examined in the paper. Trade disruptions result in heterogeneous impacts on economic surplus across countries. However, due to offsetting effects across commodity producing and consuming countries, surplus losses appear modest at the global level.
Geoeconomic Fragmentation: What’s at Stake for the EU
Geoeconomic Fragmentation: What’s at Stake for the EU - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Geoeconomic Fragmentation: What’s at Stake for the EU write by Chikako Baba. This book was released on 2023-11-30. Geoeconomic Fragmentation: What’s at Stake for the EU available in PDF, EPUB and Kindle. Geoeconomic fragmentation (GEF) is becoming entrenched worldwide, and the European Union (EU) is not immune to its effects. This paper takes stock of GEF policies impinging on—and adopted by—the EU and considers how exposed the EU is through trade, financial and technological channels. Motivated by current policies adopted by other countries, the paper then simulates how various measures—raising costs of trade and technology transfer and fossil fuel prices, and imposition of sectoral subsidies—would affect the EU economy. Due to its high-degree of openness, the EU is found to be exposed to GEF through multiple channels, with simulated losses that differ significantly across scenarios. From a welfare perspective, this suggests the need for a cautious approach to GEF policies. The EU’s best defence against GEF is to strengthen the Single Market while advocating for a multilateral rules-based trading system.
