We discuss thje role of the dispute settlement mechanism (DSM) of the World Trade Organization (WTO) in the context of a complex characterization of globalization.The dispute settlement mechanism (DSM) of the World Trade Organization (WTO) is at present a controversial exercise at the...

India and ASEAN signed a Free Trade Agreement (FTA) in trade in goods which came to effect from 1st January 2010. There were apprehensions on the likely impact of this RTA on some sensitive sectors of India such as agriculture, fisheries and plantation crop as large number of people depend on...

The post WTO world trading system is witnessing proliferation of large number of Regional Trade Agreements (RTAs). The slow pace of multilateral negotiations and lack of consensus among members on major trade issues is undermining the role of WTO and hastening the regionalism process. Realising...

The post WTO world trading system is witnessing proliferation of large number of Regional Trade Agreements (RTAs). Regionalism versus Multilateralism debate is not resolved decisively as there are divergent views on the methodology of trade liberalization. The slow pace of multilateral...

This paper examines inter-country variations and growing volume of Intra-industry trade for thirty rapidly industrializing Asian and Latin American countries in the 1990s. With rapid industrialisation, intra-industry trade in manufactured products have increased substantially. We find that...

The share of low-income countries in global exports nearly tripled between 1990 and 2015, driven largely by the rapid emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower-income countries could raise income inequality in Europe...

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...

Morocco's trade liberalization policies coincided with macroeconomic growth over the past two decades. The relationship between trade liberalization and individual-level labor-market outcomes, however, are not well understood. By combining three complementary approaches and modeling techniques,...

This study provides an analysis on a range of common external tariff (CET) options that could be adopted by ASEAN. It quantitatively assess their implications for each ASEAN member state and the region as a whole. The results of the study are intended to assist the ASEAN Secretariat and the...

How will international integration affect welfare policies? This paper considers the possibilities of financing public sector activities (public consumption and social security expenses) by general (wage) taxation in an economy which becomes more integrated in international product markets. Even...