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How free trade can help convert the 'Arab Spring' into permanent peace and democracy

Thorvaldur Gylfason; Martínez, Inmaculada; Wijkman, … - 2012

Since Jean Monnet conceived the Coal and Steel Community, free trade has successfully prevented serious conflicts in Europe between democratically governed States with market economies. After six countries established the European Community, this principle has been extended successfully to its...

Persistent link: https://www.econbiz.de/10009571054

Benefits and challenges of integrating South and Southeast Asia

Bhattacharyay, Biswanath - 2012

In recent decades, Southeast Asian economies have prospered through an outward-oriented strategy, through intra-regional integration under the Association of the Southeast Asian Nations (ASEAN) initiative and through participating in the East Asian production networks. In the 1970-80ś, South...

Persistent link: https://www.econbiz.de/10009540111

Economic integration agreements, border effects, and distance elasticities in the gravity equation

Bergstrand, Jeffrey H.; Larch, Mario; Yotov, Yoto V. - 2013

Using a novel common econometric specification, we examine the measurement of three important effects in international trade that historically have been addressed largely separately: the (partial) effects on trade of economic integration agreements, national borders, and bilateral distance....

Persistent link: https://www.econbiz.de/10010212649

Promotion of trade and Investments between China and India : the case of Southwest China and East and Northeast India

Bhattacharyay, Biswanath (contributor); … - 2005

Open regionalism and integration between the world’s two largest developing countries - the People’s Republic of China (China) and India - in trade, investments and infrastructure development can foster outward-oriented development and economic and social benefits that could result in...

Persistent link: https://www.econbiz.de/10003113285

Consequences of FTA withdrawal : evidence from "Uxit"

Gnutzmann, Hinnerk; Gnutzmann-Mkrtchyan, Arevik; Korn, … - 2021

We use a unique case study to estimate the effect of withdrawing from a free trade agreement on international trade. Lately, the political opposition to international economic cooperation has been on the rise, but little is known about how the withdrawal from a trade agreement affects trade. We...

Persistent link: https://www.econbiz.de/10012421152

Economic nationalism and economic integration : the Austro-Hungarian Empire in the late nineteenth century

Schulze, Max-Stephan; Wolf, Nikolaus - 2009

This paper seeks to reconcile two seemingly contradictory strands in the literature on economic development in the late nineteenth century Habsburg Empire - one emphasizing the centrifugal impact of rising intra-empire of nationalism, the other stressing significant improvements in market...

Persistent link: https://www.econbiz.de/10003888097

Big-Think Regionalism : A Critical Survey

Baldwin, Richard - 2008

Small Think Regionalism focused on the Vinerian question: quot;Would a nation gain from joining a trade bloc?quot; Big Think Regionalism considers regionalism's systemic impact on the world trading system, focusing mainly on two questions: quot;Does spreading regionalism harm world welfare?quot;...

Persistent link: https://www.econbiz.de/10012771715

Which conflicts can the European neighbourhood policy help resolve?

Thorvaldur Gylfason; Wijkman, Per Magnus - 2012

Under what conditions can the European Neighbourhood Policy achieve one of its main objectives: to resolve conflicts in the European Union's neighbourhood? In the spirit of Montesquieu and Monnet, the basic hypothesis of the EU is that closer economic integration encourages governments to take...

Persistent link: https://www.econbiz.de/10009571288

Did Doubling Reserve Requirements Cause the Recession of 1937-1938? A Microeconomic Approach

Calomiris, Charles W. - 2011

fundamental reserve demands of Fed member banks, we find that despite being doubled, reserve requirements were not binding on bank …

Persistent link: https://www.econbiz.de/10013131502

Is Japan Creating a Yen Bloc in East Asia and the Pacific?

Frankel, Jeffrey A. - 2021

This paper reaches seven conclusions regarding the Yen Bloc that Japan is reputed to be forming in Pacific Asia. (1 … is no evidence of a special Japan effect. (3) Once one properly accounts for rapid growth in Asia, the statistics do not … Asian countries, though overall its influence is as yet no greater than that of New York. (6) Some of Japan's financial and …

Persistent link: https://www.econbiz.de/10013218103