We identify key factors, from large set of potential determinants, that explain the variation in export diversification … diversification, followed by improving education outcomes at the secondary level andfinancial sector development … prioritize human capital accumulation and reduce barriers to trade. Other policy areas include improving quality of institutions …

, and volatility in the remittance-sending country …

sector development acts as a shock-absorber in poor countries, dampening the transmission of terms of trade shocks to growth …-whether financial intermediation is performed through banks or markets-for macroeconomic volatility, against the backdrop of increased … frequent terms of trade shocks, the paper focuses on a sample of 38 LICs over the period 1978-2012 and finds that banking …

This paper assesses how regional trade agreements (RTAs) impact growth volatility on a worldwide sample of 170 … countries with data spanning the period 1978-2012.Notwithstanding concerns that trade openness through RTAs can heighten … benefits outweigh the costs as RTAs are consistently associated with lower growth volatility, after controlling for trade …

that is accompanied in recent years by a withdrawal from trade integration processes. We study the determinants of …

In March 2018, representatives of member countries of the African Union signed the African Continental Free Trade Area … (AfCFTA) agreement. This agreement provides a framework for trade liberalization in goods and services and is expected to … welfare gains from trade liberalization in Africa. As intra-regional import tariffs in the continent are already low, the bulk …

the North-American Free Trade Agreement (NAFTA). This paper uses a global, multisector, computable … the automotive, textiles and apparel sectors, more liberalized agricultural trade, and other trade facilitation measures …. The results show that together these provisions would adversely affect trade in the automotive, textiles and apparel …

account for the U.S. dollar's outsized role in trade through invoicing. While in the long run all estimated elasticities rise …

since declined, contributing negatively to world trade in 2019 and suggesting that the global market may now be saturated … global trade may also be shifting in favor of services exports mostly from advanced economies …

could undermine LAC's competitive advantage in some export markets. In this context, reduction of trade barriers and further …