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 main facts of the Uruguayan labour market along the nineties may be summarized in three main phenomena: increase in wage inequality with an increase of the skill wage premium and changes in the inter-industrial wage structure; destruction of unskilled jobs, associated to trade openness and...

In this paper we realize a descriptive characterization of the intense transnationalization process in the meat-packing industry in Uruguay in the last years. We show the main determinants of foreign direct investment (FDI) from international and regional factors, to general determinants in the...

International tendencies in Foreign Direct Investment (FDI) show that transnationalization process increased quickly in the last years. Uruguay showed in the nineties a good capacity of attract FDI. However, since the economic recovery after the 2002 crisis, the country saw huge amounts of FDI....

When the process of trade liberalisation started in Brazil in the late 1980s, a regime of temporary trade protection was put in place. This paper describes the use of TTB by Brazilian’s authority over the last two decades. We found them to be highly concentrated in a few sectors and to heavily...

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...

This paper discusses the welfare effects of trade in a Heckscher-Ohlin model of trade with costs of adjustment. The paper analyses the efficiency and the distributional effects of eliminating a tariff in a formerly protected sector. The tariff can be eliminated at the onset or after a while. In...

Even when the majority of economists agree on the benefits of free trade, everywhere we turn to, trade is restricted. In contexts where politicians offer different policy options and voters demand them based on their individual preferences, one may ask what determines personal preferences on...

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...

In this paper we investigate some factors shaping individual support for protectionism that have not been studied previously. We examine a heterogeneous sample of thirty countries which includes both small and large and developed and developing countries using data from the 2003 International...