Trading blocks can help or hinder the liberalization of world trade. A determining factor is whether trade within the block is organized around traditional comparative advantages, or around economies of scale. Regional free trade agreements such as NAFTA can he a substitutes for global free...

Global modeling has evolved remarkably in the last two decades. Such evolution led global modeling to perform today's role as an experimental laboratory for the social sciences, and particularly for applications to policy planning. Two of the most interesting applications to policy are to...

An earlier paper in this journal [Chichilnisky (1981)] formulated a model of North-South trade where the South exports a Labor intensive commodity in exchange for industrial goods. The paper studied moves to new equilibria with higher levels of exports of the South and of industrial demand in...

Eine zentrale vertretende These der Ökonomie lautet: Die Aufhebung von Beschränkungen im Handel und Kapitalverkehr weltweit vermehrt die Wohlfahrt. Internationale Abkommen und Zollunionen verfolgen das Ziel des Freihandels. Auch das europäische Integrationsprojekt basiert mit dem...