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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?...
Persistent link: https://www.econbiz.de/10011550970
The sudden shock of the fivefold increase of the price of oil in the autumn of 1973 has been reflected since in the world trade by structural changes in its composition by categories of goods and its regional distribution. How has the international trade coped with this shock, and which more...
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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...
Persistent link: https://www.econbiz.de/10011546618
Since 1975 the Lomé Conventions have granted trade preferences to African exports to the European Union, Africa's main trading partner. The liberalisation of trade foreseen by the Uruguay Round means that these preferences will disappear, leading to net reductions in African exports. What...
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The actual effects of integration among developing countries often diverge considerably from the gains which the participants had expected. Thomas Straubhaar examines the reasons for this and outlines the conditions which must be fulfilled for integration to be successful.
Persistent link: https://www.econbiz.de/10011550525
Increased trade among the developing countries is often seen as a viable and more gainful alternative to their trade with developed countries. The following article examines trends in the volume, composition and direction of South-South trade since 1970 and addresses the question as to whether...
Persistent link: https://www.econbiz.de/10011553822