While foreign policy as well as economic, ideological and purely humanitarian considerations all continue to play a role in economic relations between the CMEA countries and the Third World, a shift in the relative weights of these various aspects has become discernible in recent years. What...

At UNCTAD V not only the Western industrialised countries but also the socialist states were heavily criticised for not appropriating sufficient funds for development aid. The following article presents a survey of volume, conditions, and regional distribution of the CMEA countries’ and the PR...

Since the introduction of the news-based policy uncertainty measure, a few studies have looked at its impact on trade flows by using panel models and aggregate trade data. In this paper we consider the short-run and long-run response of 61 2-digit U.S. exporting industries to Korea and 49...