Pages tagged by "China"

Understanding informal financing

This paper offers a framework to understand informal financing based on mechanisms to deal with asymmetric information and enforcement. It finds that constructive informal financing such as trade credits and family borrowing that relies on information advantages or an altruistic relationship is associated with good firm performance. Underground financing such as money lenders who use violence for enforcement is not. Constructive informal financing is prevalent in regions where access to bank loans is extensive, while its role in supporting firm growth decreases with bank loan availability.

China’s evolving role in global production networks: implications for Trump's trade war

This paper examines China’s evolving role in global production networks and its implications...

China’s impact on foreign trade and investment in other Asian countries

This paper examines how China’s emergence as a major player in the global economy is affecting export performance of and FDI flows to its East Asian...

East Asia in world trade: The decoupling fallacy, crisis and policy challenges

This paper examines the export experience of China and other East Asian economies in the aftermaths of the global financial crisis against the backdrop of...

Global production sharing and trade patterns in East Asia

This paper analyzes trade patterns in East Asia, with special reference to the implications of the development of global production sharing. It examines...

China’s evolving role in global production networks: the decoupling debate revisited

This paper examines the implications of the evolving role of China in East-Asia centred global production networks for regional and global integration of...

Economic transition and labour market dynamics in China: an interpretative survey of the ‘turning point’ debate

Has the Chinese economy approached the ‘Lewisian turning point’ that marks the ending of the initial phase of industrial transformation fueled by surplus...

Mercantilism and China’s hunger for international reserves

This paper is motivated by the popular view that the surge in China’s foreign exchange reserves...

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