The integration of China's huge workforce into the global trading system has had profound effects on economies worldwide. Trade with China has been shown to lead to wage losses and declining employment in developed countries. The integration of the Chinese economy into the world trade is also...

The Uruguay Round negotiations are currently passing through a critical phase after four years of strenuous bargaining. The ultimate success of the negotiations largely depends on the attitudes of the USA, the EC and Japan. What are the main contentious issues between these three and how are...

The end of 1992 has of late become quite a significant date in Europe. By this time the so-called Single European Market is to be created. The date and the topic are producing intensive debates all over the world. The purpose of this article is to describe certain trends which go along with the...

The growing importance of Japan on the world market has brought with it changes in the international division of labour and a shift in the focus of the expansion in world trade away from the EC and the USA. What factors determine the shares of the EC, the USA and Japan in international trade?...

East Asian nations, which not long ago were counted among the more backward, are emerging as dramatically expanding markets as well as tough competitors for the United States. Predictions are that the Pacific-rim economy will expand twice as fast as the rest of the world. Professor Jens...