This paper discusses the growing dimensions of the offshoring of service activities both in manufacturing and service industries. Trade in Value-Added data implies a great potential of service offshoring for global welfare, however, the negative effects have to be balanced by appropriate...

Unlike traditional (goods-only) trade agreements, the scope of the General Agreement on Trade in Services extends beyond the treatment of products (services) to cover that of suppliers as well. The trade interests of particular groups of suppliers, including SMEs, can thus be addressed directly...

The high level of reliance on external energy supplies, mainly from Russia, is considered a major risk to the energy security in Southeast Europe. This dependency is being addressed by the European Union’s new contractual and institutional framework. The construction of new gas pipelines and...

European countries and the United States face a delicate set of challenges in dealing with Turkey. Most have long-standing relationships with Ankara and important interests at stake in the country’s future. Yet the arrangements that have historically anchored each of their strategically...