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15 lip 2021 · Regionalization vs globalization: what is the future direction of trade? ... Also, the share of new trade between bordering countries saw a significant uptick in 2019 to 18% from the 9-10% seen over the past two decades. The jury is still out on whether these recent indications of regionalization are the first signs of a systematic shift.
Globalization and regionalization are two opposing forces in the world of economics and trade. Globalization refers to the interconnectedness and integration of economies on a global scale, leading to increased trade, investment, and cultural exchange between countries.
31 maj 2022 · While experts have been predicting a shift away from global trade towards more regionalized patterns, recent data suggest a more skeptical take is in order: An analysis of trade data based on...
The inexorable forces of globalization and regionalization have reshaped the world economic landscape over the past quarter century. Global trade and financial flows have registered unprecedented growth during this period. Intra-regional economic linkages have also become
International trade and financial linkages generate both demand and supply-side spillovers across countries that can result in more highly correlated business cycles. On the other hand, if stronger trade and financial linkages are associated with increased specialization, they can lead to a decline in the degree of business cycle synchronization.
22 sty 2013 · Abstract: Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution of global and regional business cycles.
15 kwi 2024 · A way to assess the importance of regional dynamics is to explore the geographical structure of trade relations at the global level. Global trade is organized, among other things, according to the dual logic of commercial power and proximity.
