scholarly journals FINANCIAL CONTAGION ON THE INTERNATIONAL TRADE NETWORK

2010 ◽  
Vol 48 (4) ◽  
pp. 1072-1101 ◽  
Author(s):  
RAJA KALI ◽  
JAVIER REYES
Author(s):  
Guy-Maurille Massamba

The geostrategic approach refers to China's method to rise as global power through worldwide trade expansion and the development of its military and naval capabilities. It creates clusters of countries interlinked as China's trade partners, thus being assets to its global ascent. China's importance in global trade is a function of its partners' behavior embracing its trade mechanism. The edges connecting nodes are multidirectional, implying that countries are as much interested in their China-induced interlinkages as they are in their partnership with China. This results in China's centrality, a quality gained from being dominant in trade partnerships in terms of numbers and significance. This chapter examines the approach, process, and historical, geographic, and behavioral components that China uses in its ascent as central node in the international trade network. It explores how underlying dimensions making China's national character conjointly devise its behavior in global trade.


2018 ◽  
Vol 6 (4) ◽  
pp. 517-544
Author(s):  
ANGELA ABBATE ◽  
LUCA DE BENEDICTIS ◽  
GIORGIO FAGIOLO ◽  
LUCIA TAJOLI

AbstractIn this paper, we study how the topology of the International Trade Network (ITN) changes in geographical space, and along time. We employ geographical distance between countries in the world to filter the links in the ITN, building a sequence of subnetworks, each one featuring trade links occurring at similar distance. We then test if the assortativity and clustering of ITN subnetworks changes as distance increases, and we find that this is indeed the case: distance strongly impacts, in a non-linear way, the topology of the ITN. We show that the ITN is disassortative at long distances, while it is assortative at short ones. Similarly, the main determinant of the overall high-ITN clustering level are triangular trade triples between geographically close countries. This means that trade partnership choices and trade patterns are highly differentiated over different distance ranges, even after controlling for the economic size and income per capita of trading partners, and it is persistent over time. This evidence has relevant implications for the non-linear evolution of globalization.


Author(s):  
SEONG EUN MAENG ◽  
HYUNG WOOC CHOI ◽  
JAE WOO LEE

The wealth of a nation is changed by the internal economic growth of a nation and by the international trade among countries. Trade between countries are one of their most important interactions and thus expects to affect crucially the wealth distribution over countries. We reviewed the network properties of the international trade networks (ITN). We analyzed data sets of world trade. The data set include a total number of 190 countries from 1950 to 2000. We observed that the world trade network showed the uneven trading relationships which are measured by the disparity. The effective disparity followed a power law, < D(k) >~ tδ, for the import and export network. We also construct the minimal spanning tree(MST) of international trade network, where each node is a country and directed links connecting them represent money flow from a source node to a target one. The topology of the MST shows the flow patterns of the international trades. From the MST we can identify the sub-economic zone if we delete the hub node. We observed that the cumulative degree distribution functions follow the power law, P>(k) ~ k-α, with the average exponent α = 1.1(1)). We also calculated the betweenness centrality(BC) of the MST. The cumulative probability distribution of the betweenness centrality follows the power law, P>( BC ) ~ BC -β, with the average exponent β = 1.09(7).


2016 ◽  
Vol 49 ◽  
pp. 415-421 ◽  
Author(s):  
Shohei Tokito ◽  
Shigemi Kagawa ◽  
Keisuke Nansai

2018 ◽  
Vol 6 (2) ◽  
pp. 236-245
Author(s):  
Suchandra Ghosh

Abstract Gujarat’s role in the international trade network has long been researched. During the first half of the second millennium CE, the Indian Ocean emerged as a vast trading zone; its western termini were Siraf/Basra/Baghdad in the Persian Gulf zone and Alexandria/Fustat (old Cairo) in the Red Sea area, while the eastern terminus extended up to the ports in China. However, this essay privileges a single place, Anahilapura, which acted as a hinterland to many of the ports of Gujarat.


Author(s):  
Min Zhou

This chapter discusses key contributions social network analysis (SNA) has made to knowledge about the international trade network (ITN). The existing literature applies SNA to the ITN in three distinct directions. The first line of inquiry attempts to substantiate the hierarchical structure of the ITN envisioned by world system theory. The second line of inquiry describes the topological structure and evolution of the ITN. The third line of inquiry employs various modeling techniques to explain why the ITN takes place as observed. The existing literature largely builds upon the gravity model borrowed from international economics but makes some improvements. It also makes use of estimating methods developed for network data such as the multivariate regression quadratic assignment procedure. In future research, instead of relying on the gravity model, it is promising to directly use such SNA models as the exponential random graph model to explain the ITN.


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