effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners … regional free trade arrangements should be used to accelerate, rather than postpone, needed structural reform. …

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 …

coordination to further promote trade and investment and developing a common human skills base with the PRD. Regional cooperation …

"Emerging Market leaders" that have become major players in regional and global trade and financial flows. VAR models show that … models further analyze the impact of LIC trade orientation and production structure on the sensitivity to foreign shocks. The … East, terms of trade shocks and demand from the emerging market leaders are the main channels of transmission of foreign …

greater trade integration-but also Mexico's "Great Moderation," as the country escaped its former pattern of macro …