The COVID-19 pandemic has had systemic macroeconomic impacts due to the different lockdowns and the induced shocks to both supply and demand. A global recession of a magnitude probably worse than the 2008 global financial crisis is already underway. Like every country in the world, the...

The COVID-19 pandemic has had systemic macroeconomic impacts due to the different lockdowns and the induced shocks to both supply and demand. A global recession of a magnitude probably worse than the 2008 global financial crisis is already underway. Like every country in the world, the...

The present paper examines the effects of FDI inflows on external imbalances in the developing and transition countries in Asia during the period 1991-2011. To this end, we extend the conventional trade balance model by reformulating the determinants of exports and imports. Our empirical...

Relying on a North-South model of economic geography, our paper attempts to discuss the management of global pollution issues such as greenhouse gas emissions. As firms are increasingly mobile, they become sensitive to differences in environmental standards across countries and subject the...

Relying on a model of economic geography, this paper discusses development opportunities arising from international trade and technology diffusion. We show that either import substitution or trade liberalization may trigger takeoff in the developing country, although these two policies work...

Our paper examines the long run relationship between economic growth and the current account balance equilibrium by relying on the BoP constrained growth model. We find that Vietnam grew less than the rate predicted when the period 1985 to 2010 as a whole is considered, but with different...

</titre> Due to the similarity in supply factors and demand bottlenecks, traditional approach of regional integration usually argues that South-South trade agreements are likely to generate trade diversion and income divergence. In this paper, we seek whether Senegal?s participation to the WAEMU might...

[fre] Stratégies de politique commerciale pour une sortie de la trappe de sous-développement. . Dans le cadre d'un modèle d'économie géographique, nous nous intéressons à la relation existant entre la politique commerciale et les conditions du décollage économique. On confirme notamment...

Relying on a three-country model of economic geography (one Northern and two Southern countries), this paper analyzes the effects of South-South regional integration on the location of industry inside the area. A comparison between different trading arrangements shows that in the absence of...

Relying on a model of new economic geography, this paper focuses on the relationship between trade policy and the economic conditions of take-off. We confirm notably in a trisectoral analysis that both unilateral trade liberalization and import substitution, while influencing the balance between...