The balance-of-payments (BOP)-constrained growth rate is the maximum gross domestic product (GDP) growth rate above which unsustainable current account deficits emerge, forcing policymakers to implement contractionary measures that ultimately reduce…
This paper examines how a country’s integration into global value chains (GVCs) influences its economic growth. GVCs have transformed international trade by shifting the focus from final goods to fragmented production networks across countries.…
Amidst an increasingly complex global economic landscape, the rapid expansion of digital trade has emerged as a vital growth engine for nations worldwide while simultaneously disrupting traditional international trade frameworks. Major developed…
Este artículo explora cómo la desglobalización y la fragmentación del comercio están reconfigurando los patrones de integración regional y los flujos de las cadenas de valor globales. Empleando un enfoque de métodos mixtos, combina análisis…
The article evaluates Uzbekistan's productive potential by analyzing key indicators comprising the UNCTAD Productive Capacities Index (PCI) categories. The analysis highlights existing problems and constraints that affect Uzbekistan's productive…
Environmental sustainability has become a critical global challenge, driving researchers and policymakers to explore
solutions that balance economic growth with ecological preservation. As nations strive to achieve the United Nations
Sustainable…
This paper examines whether government spending and governance have a nonlinear relationship with economic growth. The study determines the threshold effect of the institutional quality on the relationship between public expenditure and economic…