Market access liberalization has influenced product-specific growth of world exports and contributed to the shift in the structure of world exports of manufactures towards electrical and electronic goods (including parts and components), goods that require high R&D expenditures, and labour-intensive products such as clothing. Multilateral trade liberalization has strongly improved market access...

Do rich and poor countries export the same goods to the US? Using highly disaggregate trade flow data – which breaks US imports into thousands rather than tens of goods – this paper documents two significant trends. First, the number of US imports originating in either rich or poor countries exclusively has fallen dramatically as the world has globalized, from 50% in 1972 to 25% in 1994. This g...

Commodities (rural and non-rural) account for a significant proportion of Australia’s exports. Even though tourism and manufactured exports have grown strongly in recent years, earnings from commodities were around two thirds of total export earnings from goods and services in 1991/92. This was despite the cyclically low level of prices. Furthermore, the volatility of commodity prices is an imp...

This paper discusses an input-output projection model which has been usedfor indicatz've planning of the West Malaysian economy into 1985. The model projects the structure of the economy including output, investment and labour in 1985 given a level ofaggregate domestic consumption likely to be utilised in the target year. The basic projection indicates that the growth rate in per capita private...

Does Japanese trade in manufactured goods differ from the rest-of-the world average and from the U.S.? We use a simple industry-level gravity model and 1981-1998 data to answer this question. We construct a measure of normalized imports by dividing bilateral industry-level imports by the importer's aggregate absorption and the exporter's industry output. We find that Japan imports less than oth...

This paper assesses the industrial performance and capabilities of Nigeria over the last decade. It explores Nigeria’s export and production capacity, growth, structure and technological upgrading and compares it to other Sub-Saharan countries. Evidence shows that Nigerian industry is inexorably falling behind and becoming increasingly marginalized in the international and regional industrial s...

This paper discusses Indonesia's trade balance during the first quarter of 2020 and examines developments in important sectors. The study investigates what policies need to be taken make Indonesian economy survive. Based on quantitative qualitative data, April experienced a deficit 344.7 million US dollars export-import performance oil gas non-oil sectors, after surplus 715.7 previous month. sl...

The institutional structure of global commodity chains and cross-border production networks has a profound impact on how the benefits of globalized production are distributed. This paper engages with this issue by developing a model that combines the insights of earlier unequal exchange theorists and new work on global commodity chains to clarify the distributive dynamics of the expansion of lo...

The economic performance of Sub-Saharan Africa (SSA) over the past two decades has been disappointing. The initial explanation for this poor performance focussed on deficient macroeconomic policies. However a number of SSA countries have undertaken and sustained a reasonable measure of macroeconomic reform and still see no significant expansion in the growth of manufactured exports. This sugges...

We examine two important aspects of Australia’s terms of trade using 135 years of annual data up to 2003/04. Since Australia predominantly exports commodities and imports manufactures, the Prebisch-Singer hypothesis suggests that there should be a negative trend in the terms of trade. But the trend is no more than −0.1 per cent per annum, less than the trend decline in world commodity prices re...