Firms & Trade
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Can variation in firm growth explain the development gap? Colombia vs the US
A deficit of superstar plants, an excess of microestablishments, and the success of underperformers are key symptoms of Colombia’s development problem
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The links between capabilities and export dynamics in developing countries
Economic complexity and R&D investment influence the number, size, product quality, and diversification of exporters, making them policy...
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The US-China trade deal: An opportunity to reignite growth?
A new trade deal could open opportunities for foreign and domestic private firms if China is willing to open sectors and protect intellectual property
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Technology transfer and the rise of China
Who wins and losses in the technology trade war? John van Reenen (MIT) explains why technology transfer in a globalised world isn’t a zero sum game
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How did China move up the global value chains?
Liberalising trade and FDI is key to the promotion of domestic value added into a country’s exports, as the Chinese experience highlights
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Flexible credit repayment and risk taking in Bangladesh
Lack of insurance is a key constraint to small firms. Flexibility sees improved outcomes and socioeconomic status, combined with lower default rates.
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The dynamic effects of computerised VAT invoices on Chinese manufacturing firms
Evidence from China shows tax revenues increase in the short run from better enforcement, but these increases decrease over time as firms downsize
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The impact of the steamship on global trade and development
The arrival of the steamship benefitted some countries but not others, with the strength and inclusiveness of institutions playing a key role
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Costs and benefits of helping firms formalise in Malawi
A cheap intervention increased firm registration but failed to impact tax registration, negating potential tax revenue