International economics

International economics

International trade theories, policies, finances and their effects on economic activities.

Industry: Economy

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International economics

Jubilee 2000

Economy; International economics

A movement advocating the cancellation of debts that burden developing countries, intended to occur in the year 2000.

kaleidoscope comparative advantage

Economy; International economics

A variant of fragmentation due to Bhagwati and Dehejia (1994).

A group, or network, of manufacturing and other companies in Japan, usually centered around a bank and including a trading company. Keiretsus are characterized by cross-ownership of shares, strategic ...

Kindleberger spiral

Economy; International economics

A diagram introduced by Kindleberger (1973) showing the dramatic downward spiral of world trade during the first years, 1929-33, of the Great Depression. Its twelve axes radiate out from the origin ...

knowledge capital model

Economy; International economics

A model of a multinational enterprise in which knowledge capital plays an essential role. Named and estimated by Carr et al. (2001), who attribute it to earlier work by Markusen and others.

Kondratieff cycle

Economy; International economics

A cycle in economic activity hypothesized by Kondratieff (1926) to operate over a period of several decades and divided into four phases: spring (expansion), summer (recession), autumn (plateau), and ...

Krugman specialization index

Economy; International economics

A measure of the extent to which a country's production patterns differ from those of a comparison group of countries. It runs from zero, if the country and group produce the same goods in the same ...