This paper contributes to the literature on the impact of EMU on trade, adding two new elements. First, we propose a theoretical model for explaining how the euro could have increased trade by the large amounts found in the empirical literature. Second, we propose a sectoral dataset to test the...

Complexity and uncertainty are key issues in exploring future developments. Moreover, although the future cannot be predicted, it is clear that certain decisions/actions can influence the future in desired directions. In this respect, planners are being challenged to focus on the development of...