Trade Openness Is Now More Important Than Ever

Krueger, Anne O.

doi:10.1596/1020-797X_11_3_37

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Trade Openness Is Now More Important Than Ever

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2009-12-01

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Development Outreach 11

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Krueger, Anne O.

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Abstract

Protectionism constitutes a double threat. It can make recovery from the recession slower and reduce the growth potential of the international economy once recovery has taken hold.

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“Krueger, Anne O.. 2009. Trade Openness Is Now More Important Than Ever. World Bank. © World Bank. https://openknowledge.worldbank.org/handle/10986/4604 License: CC BY 3.0 IGO.”

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http://hdl.handle.net/10986/4604

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D. Development Outreach

South Caucasus and Central Asia - The Belt and Road Initiative : Georgia Country Case Study

World Bank (2020-06)

Georgia is the only country in the CAC region that can access markets around the world through its own seaports and thus less dependent on China’s BRI overland corridors for trade, investment and growth. Nevertheless, the Georgian government is investing in the one BRI corridor China, Europe route that passes through the Caucuses, partly because it provides a faster route to China. The potential for larger volume of Chinese transit cargo on this route may also be attractive given its desire to become a major transit and trading hub in the region. With greater people-to-people contact between China and Georgia, there could also be greater access to China’s outward FDI under the BRI that would bring with it capital, better technology as well as managerial and marketing know-how. Chinese private firms are already investing in Tbilisi, Kutaisi and other areas in the country. Georgia’s liberal ...

Georgia is the only country in the CAC region that can access markets around the world through its own seaports and thus less dependent on China’s BRI overland corridors for trade, investment and growth. Nevertheless, the Georgian government is investing in the one BRI corridor China, Europe route that passes through the Caucuses, partly because it provides a faster route to China. The potential for larger volume of Chinese transit cargo on this ...

Georgia is the only country in the CAC region that can access markets around the world through its own seaports and thus less dependent on China’s BRI overland corridors for trade, investment and growth. Nevertheless, the Georgian government is investing in the one BRI corridor China, Europe route that passes through the Caucuses, ...
Resilient Infrastructure for Thriving Firms : A Review of The Evidence

Braese, Johannes; Rentschler, Jun; Hallegatte, Stephane (2019-06)

This review examines the literature on the role of infrastructure in determining the productivity and competitiveness of firms. It shows that the existing evidence base is clear in concluding that reliable and high-quality infrastructure is a crucial foundation for enabling businesses to thrive. It demonstrates that the provision of electricity, transport, water, and telecommunications systems increases firm-level productivity. It also shows that providing infrastructure per se is not enough to boost productivity, unless it offers reliable service. Disruptions and irregular service have substantial adverse effects on firms, not least due to disrupted supply chains, underutilization of production capacity, and costly adaptation measures.

This review examines the literature on the role of infrastructure in determining the productivity and competitiveness of firms. It shows that the existing evidence base is clear in concluding that reliable and high-quality infrastructure is a crucial foundation for enabling businesses to thrive. It demonstrates that the provision of electricity, transport, water, and telecommunications systems increases firm-level productivity. It also shows ...

This review examines the literature on the role of infrastructure in determining the productivity and competitiveness of firms. It shows that the existing evidence base is clear in concluding that reliable and high-quality infrastructure is a crucial foundation for enabling businesses to thrive. It demonstrates that the provision ...
Economy Profile of Mauritius

World Bank Group (2017-11-01)

Doing Business 2018 is the 15th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. This economy profile presents the Doing Business indicators for Mauritius. Doing Business presents quantitative indicators on business regulation and the protection of property rights that can be compared across 190 economies; for 2018 Mauritius ranks 25. Doing Business measures aspects of regulation affecting 11 areas of the life of a business. Ten of these areas are included in this year's ranking on the ease of doing business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. Doing Business also measures features of labor market regulation, which is not included ...

Doing Business 2018 is the 15th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. This economy profile presents the Doing Business indicators for Mauritius. Doing Business presents quantitative indicators on business regulation and the protection of property rights that can be compared across 190 economies; for 2018 Mauritius ranks 25. Doing Business measures aspects of ...

Doing Business 2018 is the 15th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. This economy profile presents the Doing Business indicators for Mauritius. Doing Business presents quantitative indicators on business regulation and the protection of property rights ...

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South Caucasus and Central Asia - The Belt and Road Initiative : Georgia Country Case Study

Resilient Infrastructure for Thriving Firms : A Review of The Evidence

Economy Profile of Mauritius

More than Copper : Toward the Diversification and Stabilization of Zambian Exports

Watching More Than the Discovery Channel : Export Cycles and Diversification in Development

Labor Market "Rigidity" and the Success of Economic Reforms across More than 100 Countries

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Trade Openness Is Now More Important Than Ever

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South Caucasus and Central Asia - The Belt and Road Initiative : Georgia Country Case Study

Resilient Infrastructure for Thriving Firms : A Review of The Evidence

Economy Profile of Mauritius

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