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71,930 result(s) for "Liberalization"
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The Role of Air Transport in the Development of International Tourism
There are close links between air transport and international tourism. The latter, in a significant way has an impact on the development and stimulation of changes in aviation and, in particular, this applies to establishing new routes or increasing competition by the emergence of new air carriers. The essence of aviation is manifested in the aviation business travel and learning about the new States. Therefore, a change that has been made in aviation in the second half of the 20th century is a breakthrough. It is about a liberalization of this sector, which has enabled the development of international tourism. There are plenty of benefits for the development of tourism coming from the liberalization of aviation sector. Thanks to competitive prices and continually increasing offer of air connections to various places in the world, demand for tourism is growing trend. Among the factors hampering the development of aviation tourism, the following should be included: maintaining the visa requirement for many countries, the threat of terrorist attacks, a set of factors in the structure of tourism and safety issue. When it comes to Europe, along with the implementation of the common policy of the European Union, the sector of the tourism industry started to develop. Eliminating internal barriers and the gradual implementation of the freedom of movement of persons, services and capital has led to an increase in the demand for tourism in the EU. Europe is an attractive tourist destination in the world.
Trade Liberalization and Regional Dynamics
We study the evolution of trade liberalization's effects on Brazilian local labor markets. Regions facing larger tariff cuts experienced prolonged declines informal sector employment and earnings relative to other regions. The impact of tariff changes on regional earnings 20 years after liberalization was three times the effect after 10 years. These increasing effects on regional earnings are inconsistent with conventional spatial equilibrium models, which predict declining effects due to spatial arbitrage. We investigate potential mechanisms, finding empirical support for a mechanism involving imperfect interregional labor mobility and dynamics in labor demand, driven by slow capital adjustment and agglomeration economies. This mechanism gradually amplifies the effects of liberalization, explaining the slow adjustment path of regional earnings and quantitatively accounting for the magnitude of the long-run effects.
IS TRADE OPENNESS THE REASON OF HIGH ENERGY DEMAND IN CHINA?
The present study aims to examine the short-run and long-run impact of China’s trade liberalization policies on its energy demand over the period from 1980 to 2018. The results of Autoregressive Distributed Lag approach of co-integration show that energy consumption significantly increases as a result of trade openness and increase in real Gross Domestic Product (GDP). The results of the granger causality test also confirm the unidirectional causality running from trade openness and real GDP to energy demand. The results of the study have an important implication because if China wants to continue its trade liberalization policies then it must increase its energy production.
Negotiating development through AIDS : contesting the post-liberalisation Indian State in disease control and health, 1983-2017
This dissertation explores why, in an era of state retreat following India's economic liberalisation in 1991, many wide-ranging ideas about social and economic development were expressed through AIDS. It takes a historical approach, tracing the entangled trajectories of international, governmental, and NGO actors from the early 1980s to 2017. It consults interdisciplinary primary source bases of grey literature of international institutions and oral history interviews conducted with key actors in the AIDS field in New Delhi in spring 2017. The main objective of the thesis is to draw out specific case studies of partnerships, as well as disagreements, between individuals representing various international, national, and non-governmental organisations (NGO), each pushing their own ideas about the appropriate role of the Indian state in providing health and development. In a broadly chronological manner, the chapters cover the impact of the India's debt crisis and structural adjustment on the first World Bank-funded National AIDS Control Programme (NACP) in 1992; an alternative funding stream from Ford Foundation that encouraged an era of 'watchdog' NGO activism during the 1990s to the early 2000s; the rise to prominence of the UK's Department for International Development, working with the pro-poor social justice politics of the Indian National Congress-led United Progressive Alliance government and the assertiveness of Sujatha Rao in NACP's third phase (NACP- III) from 2007 to 2012; and finally, the inclusion of opioid substitution therapy for injecting drug users under NACP-III in 2007. While speaking mainly to the history of global health, the thesis draws concepts and approaches from the history of postcolonial medicine, as well as incorporates an understanding of contemporary international development and Indian politics. In doing so, the main finding of the thesis is to re-position the state as the fundamental decision-maker and agenda-setter for the social sector in India after liberalisation. Thus, each chapter shows how international donors and NGO actors negotiated their visions for development with the Government of India, using AIDS as a platform.
Domestic Value Added in Exports: Theory and Firm Evidence from China
China has defied the declining trend in domestic content in exports in many countries. This paper studies China's rising domestic content in exports using firm- and customs transaction-level data. The approach embraces firm heterogeneity and hence reduces aggregation bias. The study finds that the substitution of domestic for imported materials by individual processing exporters caused China's domestic content in exports to increase from 65 to 70 percent in the period 2000-2007. Such substitution was induced by the country's trade and investment liberalization, which deepened its engagement in global value chains and led to a greater variety of domestic materials becoming available at lower prices.
PRICES, MARKUPS, AND TRADE REFORM
This paper examines how prices, markups, and marginal costs respond to trade liberalization. We develop a framework to estimate markups from production data with multi-product firms. This approach does not require assumptions on the market structure or demand curves faced by firms, nor assumptions on how firms allocate their inputs across products. We exploit quantity and price information to disentangle markups from quantity-based productivity, and then compute marginal costs by dividing observed prices by the estimated markups. We use India's trade liberalization episode to examine how firms adjust these performance measures. Not surprisingly, we find that trade liberalization lowers factory-gate prices and that output tariff declines have the expected pro-competitive effects. However, the price declines are small relative to the declines in marginal costs, which fall predominantly because of the input tariff liberalization. The reason for this incomplete cost pass-through to prices is that firms offset their reductions in marginal costs by raising markups. Our results demonstrate substantial heterogeneity and variability in markups across firms and time and suggest that producers benefited relative to consumers, at least immediately after the reforms.
Third-World Copycats to Emerging Multinationals: Institutional Changes and Organizational Transformation in the Indian Pharmaceutical Industry
This article investigates how Indian pharmaceutical firms, facing discontinuous institutional changes in their domestic environment due to economic liberalization and intellectual property reforms, have undertaken organizational transformation. Internationalization of resources and product markets constitutes an important component of organizational transformation for local firms in emerging economies. Using longitudinal data on 206 Indian pharmaceutical firms from 1995-2004, we find that firms' access to international technological and financial resources enables product market internationalization. Furthermore, we theorize and find support for our predictions that the association between international resources and markets is conditioned by time and business group affiliation, and product market internationalization affects financial performance. Several implications thus emerge for theory and practice associated with the sources of competitiveness in emerging economy firms and their transformation into globally competitive multinational firms.
Services Trade and Policy
A substantial body of research has taken shape on trade in services since the mid-1980s. Much of this is inspired by the WTO and regional trade agreements. However, an increasing number of papers focus on the impacts of unilateral services sector liberalization. The literature touches on important linkages between trade and FDI in services and the general pattern of productivity growth and economic development. This paper surveys the literature on services trade, focusing on contributions that investigate the determinants of international trade and investment in services, the potential gains from greater trade, and efforts to cooperate to achieve such liberalization through trade agreements. There is increasing evidence that services liberalization is a major potential source of gains in economic performance, including productivity in manufacturing and the coordination of activities both between and within firms. The performance of service sectors, and thus services policies, may also be an important determinant of trade volumes, the distributional effects of trade, and overall patterns of economic growth and development. At the same time, services trade is also a source of increasing political unease about the impacts of globalization on labor markets, linked to worries about offshoring and the potential pressure this places on wages in high income countries.