IMF Managing Director Kristalina Georgieva has highlighted the GCC region’s “comparative advantage” in terms of access to energy that helps it host data centres and ...
In a war, the wise general will often manage to take the high ground in order to gain a superior position against the enemy. By gaining the advantage of gravity, such a distinction can often be enough ...
This paper aims to investigate the dynamic changes in comparative advantage of the ASEAN, China, Republic of Korea and Japan (commonly abbreviated as the ASEAN+3). By applying statistical and ...
Hi. I'm Jackie Jackson, and I'm going to talk to you about comparative advantage and economies of scale. Now these are two items that a company will examine when they're determining whether or not ...
I think we will all happily take, as a sterling standard of impossibility, the idea of my ever winning a Nobel in anything. Even the Peace Prize which has been offered to some pretty odd people over ...
This is a preview. Log in through your library . Abstract This paper develops a dynamic model of innovation and international trade in which agents can direct their research efforts to specific goods ...
It’s very rare that one feels bold enough to disagree with Professor Diedre McCloskey on economics (or history or English or anything else she chooses to master or simply take an interest in, which ...
Is that progress? If we consider that the transformation of the ape into “homo sapiens” took millions of years, the period from Antiquity to our present day is far too short to allow for evolution. No ...
East Asia's successful economies have achieved astonishing economic growth through export-driven development. They have exploited their comparative advantage of having an abundance of lower-skilled ...
In textbook economics, trade is a win-win: Two countries trade freely based on comparative advantage and share the resulting gains, improving welfare in both countries. America’s trade with China is ...
To many of the United States’ friends abroad, the results have been catastrophic not just for the American people and the U.S. economy, but also for its standing in the world. Timothy Garton Ash, a ...