America now advocates the path of free markets to industrialization. However, a cursory look into its developmental history shows that protectionism has been the hallmark of industrial, investment and trade policies followed in that country. Far from adopting free market regime, it has used the...

Although the world markets are more and more opened following the successive waves of trade liberalization, there are numerous factors returning the competition more difficult for the most part of developing countries such as Cameroon, especially as regards of trade in the manufactured goods. It...

This paper studies the pattern of trade specialization (PTE) of Uruguay and the dynamics that characterized it throughout the last twenty years. From a descriptive analysis of the PTE is used the methodological framework of the product space developed by Haussman et al (2007) to site Uruguay in...

A two country, three sector hybrid model of structural change with distortionary government policies is used to quantify the impact of international trade and trade reform for industrialization. The model features Arming- ton motivated trade in agriculture and industry, and a novel...

The study supports Government efforts to introduce reforms to the insurance industry and its negotiations for accession to the World Trade Organization (WTO). It provides a consolidated perspective about insurance services in Laos, with particular reference to the impact of possible Government...

The study provides the Ministry of Finance (MOF) of the Government of Vietnam with quantitative tools to carry out industry-level assessments of tariff and subsidy reforms that will both support the country’s WTO accession negotiations and provide needed capacity for analyzing alternative...

The study examines the empirical evidence and options for decoupling Asia from the US and EU markets. First, it demonstrates that the strong linkages both within Asia and between Asia and the United States and Europe have not waned in the last 25 years, though the transmission channels have...

The study aims to calculate Egypt’s real effective exchange rate at both the bilateral and multilateral levels, estimates the effect of real cross-rate movements on trade in goods and services and on foreign direct investment, and determines the fundamental equilibrium exchange rate for...

The study examines the implications of Lao PDR’s WTO accessions on the domestic cement, steel bar and brewery industries with a view to developing recommendations on how to concurrently manage the Government’s domestic strategic objectives with the country’s effective involvement in the...

This study examines the global linkages of selected ASEAN countries composed of Indonesia, Malaysia, Philippines, Singapore and Thailand (hereafter ASEAN-5). While economic growth of each country undoubtedly hinges on domestic developments, it also depends on foreign trade and capital movements...