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This paper briefly summarizes the development experiences of special economic zones (SEZs) in China and Africa (especially the Sub-Saharan Africa), the lessons that Africa can learn from China, and the preliminary results of the Chinese investments in SEZs in Africa. The study makes...
Developing economies are aiming to upgrade the sophistication of their exports. Previous studies have explored the drivers of export sophistication. However, the intellectual property rights (IPR) protection has attracted little attention. This paper studies how IPR protection affects export...
This paper investigates the relationship between the diversification of export products in least developed countries (LDCs) and their services production and exports. It uses a dataset comprising 30 LDCs over the period 1995–2010. The empirical results suggest strong evidence that export product...
Global manufacturing and international supply chains have changed the way trade and economic growth are understood today. Recent statistical advances suggest new ways of looking at growth accounting when global value chains (GVCs) — articulating supply and demand chains from an international...
This paper presents case studies of macroprudential policy in five jurisdictions (Hong Kong SAR, the Netherlands, New Zealand, Singapore, and Sweden). The case studies describe the institutional framework, its evolution, the use of macroprudential tools, and the circumstances under which the...
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