. Our simulations show that the various modalities of trade liberalization may have different impacts on the welfare, the … rate of growth and the sectoral trade balance of these two countries. More precisely, our findings justify the interest of … only on trade between the two countries, but also on their trading relationships with other countries. The most important …

. Our simulations show that the various modalities of trade liberalization may have different impacts on the welfare, the … rate of growth and the sectoral trade balance of these two countries. More precisely, our findings justify the interest of … a gradual and asymmetrical agreement. In addition, the free trade agreement (FTA) between the US and Morocco will have a …

institutions, and the size of the credit market; and (iii) uncorrelated with the aid received by countries, the ratio of trade …

The principle of conditional convergence, in growth theory, fails to explain growth paths that are durably divergent … among countries having similar structural characteristics (same rates of investment, of capitaldepreciation, of demographic … growth, and similar access to technologies and resources...). Our research models the reasons of these divergencesby making …

contractual relationships that link exports from Sub-Saharan Africa to China and investment by Chinese firms in Sub-Saharan Africa … combine trade, aid and investment, which may create 'lock-in' effects. China's trade and investment focus on the commodities … that are produced by African countries, which are crucial inputs in China's growth, with the risk of a growing dependence …

The food crisis in Southern Africa that stems from the crop failures of the 2001-2002 crop season has, not surprisingly …

the complementarity between the three components of longevity on welfare and economic stability. At the steady state, we … show that an appropriate fiscal policy may enhance welfare. However, when pollution is heavily harmful for longevity, the … design of the public policy that may comply with the dynamic and welfare objectives. …