Preferential trade agreements (PTAs) in the Asia-Pacific region have proliferated rapidly over the past five years and … are creating a complex web of intersecting bilateral and regional trade agreements. This paper describes the proliferation …

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. …

Regional trade arrangements (RTAs) in Africa have been ineffective in promoting trade and foreign direct investment …. Relatively high external trade barriers and low resource complementarity between member countries limit both intra- and … extraregional trade. Small market size, poor transport facilities and high trading costs make it difficult for African countries to …

conflicts in contiguous states, on international trade. Our empirical findings-based on different measures of conflict … trade as a result of spillovers from conflict in neighboring countries. The magnitude of this negative externality is …. Further, the impact is persistent-on average, it takes bilateral trade three years to recover from the end of intrastate …

builds a new dataset on trade-weighed exchange rates for the period 1870-1913 and finds that large currency movements in … exchange rates worldwide. We relate the phenomenon to the international trade structure at the time and show that such currency … fluctuations had powerful effects on trade flows. We conclude that nominal exchange rate flexibility in the periphery was an …

between 1980 and 1998 reveal that trade network externalities are a key determinant. This implies that anchor currency choice …

of trade to estimate a panel cointegrating relationship between real exchange rates and a set of fundamentals for a …-based real exchange rate and commodity terms of trade. The estimated impact of productivity growth differentials between traded …

This paper provides an overview of trade reform in the West African Economic and Monetary Union (WAEMU) since 1996 and … a quantitative assessment of potential effects on trade patterns and tariff revenue of the current reform agenda …. Despite evidence of significant trade complementarities within WAEMU, implementation of the union's current trade regime still …