Globalisation, Comparative Advantage and the Changing Dynamics of Trade [electronic resource] /
Organisation for Economic Co-operation and Development.
Organisation for Economic Co-operation and Development.Secretary-General.
OECD iLibrary.
Paris : OECD Publishing,
2011.
The effects of globalisation have been at the forefront of public debate in recent years, fuelled on the one hand by the large benefits of integrated markets, and on the other hand, by the detrimental adjustment effects often experienced by many economies as a result.  Knowing how trade has been evolving over time and the role policy has played in this evolution are critical to understanding the globalisation debate and grasping the lessons for future policy development. The comparative advantage hypothesis has been suggested as one of the principal explanations of international trade and of the benefits associated with openness. It has also provided the intellectual underpinnings for most trade policy in the past 50 years. This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, putting particular emphasis on the role policy can play in shaping trade.
"This work is published on the responsibility of the Secretary-General of the OECD"--T.p. verso.
"Corrigenda to OECD publications may be found online at: www.oecd.org/publishing/corrigenda"--T.p. verso.
OECD code: 22 2011 02 1 P.
Includes bibliographical references.
Comparative advantage and export specialisation mobility -- Changing patterns of trade in processed agricultural products -- Breaking through on trade -- Production, consumption and trade developments in the era of globalisation -- Comparative advantage -- Comparative advantage and trade performance -- Comparative advantage and structural change -- Have changes in factor endowments been reflected in trade patterns? -- The role of intermediate inputs and equipment imports in dynamic gains from trade -- Intellectual property reform and productivity enhancement -- Determinants of diffusion and downstreaming of technology-intensive products in international trade -- The impact of export restrictions on raw materials on trade and global supply -- Foreword.
The effects of globalisation have been at the forefront of public debate in recent years, fuelled on the one hand by the large benefits of integrated markets, and on the other hand, by the detrimental adjustment effects often experienced by many economies as a result.  Knowing how trade has been evolving over time and the role policy has played in this evolution are critical to understanding the globalisation debate and grasping the lessons for future policy development. The comparative advantage hypothesis has been suggested as one of the principal explanations of international trade and of the benefits associated with openness. It has also provided the intellectual underpinnings for most trade policy in the past 50 years. This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, putting particular emphasis on the role policy can play in shaping trade.
International trade.
Comparative advantage (International trade)
Globalization