International trade is vital for economic prosperity in Pacific island countries, but their trade performance has been … center presents Pacific island countries with an unprecedented opportunity to develop trade with Asia, particularly in … tourism for a number of PICs. Moreover, if a strong two-way linkage is established between tourism and agriculture, Pacific …

This paper reexamines the relationship between trade integration and business cycle synchronization (BCS) using new … value-added trade data for 63 advanced and emerging economies during 1995–2012. In a panel framework, we identify a strong … positive impact of trade intensity on BCS—conditional on various controls, global common shocks and country …

€™s exports. Although rising trading links with China have allowed African countries to diversify their export base across … countries, away from advanced economies, they have also led SSA countries to become more susceptible to spillovers from China …

the RoW, but has also gradually drifted away from the G7 in favour of the BRICs. Trade with the BRICs turns out to be the … strongest driver of this shift. Much of this impact unfolds through aggregate demand impulse from trade. As fiscal policy …