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The concept of globalization refers to the growing interdependence of countries, resulting from the increasing integration of trade, finance, investments, labor markets and ideas in one globalmarketplace. The most important elements of this process are the international trade and the...
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This paper argues that different types of trade liberalization { multilateral versus regional { may lead to different R&D and productivity levels of firms. Trade agreements between countries are modelled with a network: nodes represent countries and a link between the nodes indicates the...
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Two issues stand out in this conversation. The first concerns the unfinished business of the global fight against the scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic performance - affordable and efficient public...
Persistent link: https://www.econbiz.de/10010426539
This paper on Trade Agreements within SSA, is an assessment of the ex post bilateral trade effect of the European Union-African Caribbean Pacific Preferential Trade Agreement (EU-ACP PTA) and sub-regional regional trade agreements (RTAs) on bilateral trade involving SSA countries. The main...
Persistent link: https://www.econbiz.de/10009614336
This article argues that the global financial crisis has weakened institutional support for financial liberalization in regional trade agreements and increased transaction costs in the financial services sector. Due to the lack of cooperation among international economic organizations, regional...
Persistent link: https://www.econbiz.de/10012861666
Trade costs associated with institutional failures and political risks, continue to serve as a big barrier to regional and international trade. Despite this strong impediment, limited work has been done to investigate the effect of weak institutions and type of political regime on bilateral...
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