In this paper we study the effect of the single currency across industries for euro area members. This analysis may help to shed light on the main factors influencing the euro effect on trade flows. We intend to verify whether these factors are specific to individual sectors and/or countries or...

The close relationship between politics and enterprises made the revolving door wide open and reinforced business influence on political decisions. The paper analyses relationship between firm entry institutions and import competition inside the EU. Though there is a clear tendency for entry and...

Preferential trade agreements are mushrooming in Asia. However, they have not been facilitating intra-regional trade as much as the supporters of these exclusive arrangements have suggested. The complexities of rules of origin - part and parcel of all preferential agreements - have resulted in...

The paper uses a gravity model to examine the role of corruption in the direction of trade in a data set comprising OECD economies, new EU members and developing nations. Contrary to a number of studies, the findings suggest that membership of the RTAs does not always increase bilateral trade...

Although an extensive amount of literature reviews emerging patterns of east-west co-operation, it is not easy to grasp the state of the art. Too many of the books, articles and papers tend to mark the trees rather than to map the forest. The paper analyses recent trends from the point of view...

This paper analyses the causes of the precipitous fall in trade among the twelve CIS countries since 1990; points out the implications for industrial restructuring; and discusses the policy options for regional reintegration. The main finding is that the decline in intra-C!S trade was initiated by...

The paper discusses similarities and differences between past EU binding internal liberalization „across the board“ in the industrial sector and present so-called voluntary sectoral liberalization of member states of the Asia-Pacific Economic Cooperation (APEC). While both approaches are...

The economic implications and the income distribution effects of the CU between Turkey and the EU have been studied by applying a general equilibrium model to the Turkish economy. The numerical results show that the CU is not trade diverting. Most importantly, urban (rural) groups are better...

The paper discusses the relevance of past concerns about trade and foreign direct investment diversion to the detriment of Asian suppliers and hosts as a result of EU integration deepening and widening in the nineties. Based on recent empirical evidence, these concerns are rejected. As concerns...