In this report we present the results of our econometric investigation of the role of (1) stabilisation and association agreements (SAAs), (2) bilateral investment treaties (BITs) and (3) free trade agreements (FTAs) in the Western Balkans and their impact on the region's inward foreign direct...

The objective of this paper is to contribute to the economic evaluation of the impact on the MERCOSUR countries of the outcomes of three simultaneous negotiations: the Free Trade Area of the Americas (FTAA), the free trade agreement with the European Union (EU) and the multilateral negotiations...

Development of globalization carries permanently changes in international trade relationships both in goods and increasingly in services. There are an increasing number of economic activities that are traded worldwide. This paper boards old and new issues of globalization from three points of...

The objective of this document is to analyze the tariff component of the MERCOSUR common trade policy, in order to determine the effective level of harmonization reached between member countries. The common trade policy and its creation process are described, indicating the main deflections from...

The objective of this document is to evaluate MERCOSUR trade policy from two complementary perspectives. In the first case, the effective protection level that results from de chosen tariff structure is determined. In the second case, the protection costs in a set of selected sectors are estimated.

The objective of this document is to identify and quantify the deflections of each one of the MERCOSUR member countries with respect to a common external tariff policy. A detailed description of the mechanisms that generate those deflections in each country is presented.