Mastering the transition: A synthetic literature review of trade adaptation policies:
International trade has supported economic convergence and poverty reductions in many emerging market economies. Nonetheless, there are significant challenges during the transition towards a more open economy. Reallocations of resources and structural change are one key source of aggregate productiv...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2022
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| Schriftenreihe: | OECD Economics Department Working Papers
no.1719 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | International trade has supported economic convergence and poverty reductions in many emerging market economies. Nonetheless, there are significant challenges during the transition towards a more open economy. Reallocations of resources and structural change are one key source of aggregate productivity improvements, but they will come with adjustment costs. Less competitive firms and sectors may decline, while more competitive sectors will have to adapt and seize new opportunities from trade and global value chains. Some workers will move to more productive firms, change occupations, sectors or even location. Non-trade policies can help to smooth these challenges and support workers seize new opportunities. This paper reviews the existing literature on how policy reforms have managed to support structural change of economies. |
| Beschreibung: | 1 Online-Ressource (40 p.) 21 x 28cm. |
| DOI: | 10.1787/5fad3487-en |
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| spelling | Grundke, Robert VerfasserIn aut Mastering the transition: A synthetic literature review of trade adaptation policies Robert, Grundke and Jens Matthias, Arnold Paris OECD Publishing 2022 1 Online-Ressource (40 p.) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1719 International trade has supported economic convergence and poverty reductions in many emerging market economies. Nonetheless, there are significant challenges during the transition towards a more open economy. Reallocations of resources and structural change are one key source of aggregate productivity improvements, but they will come with adjustment costs. Less competitive firms and sectors may decline, while more competitive sectors will have to adapt and seize new opportunities from trade and global value chains. Some workers will move to more productive firms, change occupations, sectors or even location. Non-trade policies can help to smooth these challenges and support workers seize new opportunities. This paper reviews the existing literature on how policy reforms have managed to support structural change of economies. Economics Arnold, Jens Matthias MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5fad3487-en Volltext |
| spellingShingle | Grundke, Robert Mastering the transition: A synthetic literature review of trade adaptation policies Economics |
| title | Mastering the transition: A synthetic literature review of trade adaptation policies |
| title_auth | Mastering the transition: A synthetic literature review of trade adaptation policies |
| title_exact_search | Mastering the transition: A synthetic literature review of trade adaptation policies |
| title_full | Mastering the transition: A synthetic literature review of trade adaptation policies Robert, Grundke and Jens Matthias, Arnold |
| title_fullStr | Mastering the transition: A synthetic literature review of trade adaptation policies Robert, Grundke and Jens Matthias, Arnold |
| title_full_unstemmed | Mastering the transition: A synthetic literature review of trade adaptation policies Robert, Grundke and Jens Matthias, Arnold |
| title_short | Mastering the transition: A synthetic literature review of trade adaptation policies |
| title_sort | mastering the transition a synthetic literature review of trade adaptation policies |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/5fad3487-en |
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