For Africa, a regional customs union is unlikely to realise net welfare gains (in the sense of trade creation … dominating trade diversion) which cannot be attained through unilateral trade liberalization. Unilateral reform has often failed … in Africa, however. A regional customs union tied to Europe with reciprocal free trade is likely to dominate unilateral …

We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy …

major challenge: how to ensure the effective management of international economic interdependence. Trade, growth, good … of trade. Two issues stand out in this conversation. The first concerns the unfinished business of the global fight …st century. Secondly, in one area of economic activity – trade in government procurement markets - the revised WTO …

In this paper we explore the potential gains that a trade agreement (TA) can provide by regulating trade …-policy uncertainty, in addition to the more standard gains from reducing the mean levels of trade barriers. We show that in a standard … trade model with income-risk neutrality there tends to be an uncertainty-increasing motive for a TA. With income …

terms of Oman–Asia trade relationship and in particular the need for more policy intervention to liberalise the non …This paper investigates the determinants of trade between Oman and its major Asian trading partners in order to gauge … the impact of the process of trade liberalisation. The empirical findings based on the gravity model indicate that Oman …

This paper models the effect of the indicators of the domestic business environment on services trade in a sample of …

trade policies. First, an export subsidy increases the steady-state average quality of exports and welfare in a LQE, but …

We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework … with heterogeneous firms. We show that increased TPU reduces investment in export entry and technology upgrading, which in … turn reduces trade flows and real income for consumers. We apply the model to analyze China's export boom around its WTO …