Is the impact of financial development on international trade heterogeneous – being positive, negative or null – across manufacturing sectors? And is it dependent on the level of sectoral requirement on external finance for capital need? To examine these questions this article uses a panel...

The strong growth of the Vietnamese economy over the last two decades has brought about sweeping economic and social changes. In particular, there has been a sharp downturn in poverty along with an upturn in social inequalities (albeit not as sharp as in China). This makes the question of the...

This paper explores the impact of trade openness on the economic growth of Brazilian states according to their initial income level. This empiri- cal study covers 26 Brazilian states over the period 1989-2002. Growth rates of Brazilian states are modeled as dependent on international trade flows...

The strong growth of the Vietnamese economy over the last two decades has brought about sweeping economic and social changes. In particular, there has been a sharp downturn in poverty along with an upturn in social inequalities (albeit not as sharp as in China). This makes the question of the...

Labour standards defined by the ILO in 1998 are universal but applied very differently in countries. They are much better respected in high income countries. However, the causality between labour standards and growth remains a controversial issue. The strategies of export-led growth might...

Do good institutions foster trade? Many trade agreements, and notably those of the European Union, introduce institutional provisions in addition to strictly free-trade measures. In this article, we are interested in the influence of democracy and the fight against corruption on trade. We use a...

Core labour standards defined by the ILO in 1998 are universal, but applied very differently across countries. Compliance is much higher in high income countries. However, the causality between improved labour standards and economic growth remains a controversial issue. Export-led growth...

The starting point of this paper is given by country situations where trade liberalization is expected to be poverty and inequality alleviating in the long run while inducing a short run increase in poverty or in inequality. The question we ask is what are the distributive aspects of trade which...