This paper uses the methodology developed in Kehoe and Ruhl (2013) to measure the change in the extensive, or new goods, margin of trade between Japan and China after China's entry into the World Trade Organization in 2001. The new goods account for 15.9% of Japanese exports to China and 22% of...

We discuss thje role of the dispute settlement mechanism (DSM) of the World Trade Organization (WTO) in the context of a complex characterization of globalization.The dispute settlement mechanism (DSM) of the World Trade Organization (WTO) is at present a controversial exercise at the...

This dissertation is anchored in the disruptive impact of China’s resource-based economic expansion over the last two decades. Whilst the country’s economic growth follows traditional patterns of development, the size of China’s population challenges the small-country assumption inherent...

FDI may affect the supply of productive resources including (financial capital, equipment and machinery, technology, management and etc.). FDI creates employment where unemployment and underemployment rate is high and thus increases the income of the workers. As a result an additional savings to...

Economic relations between Bulgaria and Russia in modern history are influenced by many factors, among which the most significant are the social, economic and political environment in boh countries, but also in Europe and the global world. In this context the legal basis of the relations plays a...

On the cusp of the millennium and as the century that was supposed to belong to Canada draws to a close, we find ourselves as a medium-sized nation exercising an influence out of all proportion to our size. This special issue on Canada in the Global Economy gives us a chance to sum up where we...

The Article first presents a brief history or survey of the some of the earlier problems that associate with China’s banking and financial institutions. The Article then addresses specific problems, in the context of the rules, procedures, and practices of the banking and finance sector, which...

This study of regional South-South (S-S) trade and cooperation in East, South and South-East Asian countries (ESSEA) aims to provide an economic rationale for S-S trade; shed some light on the extent and pattern of S-S trade in the ESSEA region; examine the dynamic forces behind the expansion of...

The relationship between Foreign Direct Investment (FDI) and Gross Domestic Products (GDP) had become the centre piece of recent researches in identifying the short run and long run implications between the two variables. Using the hypotheses of FDI led GDP and GDP led FDI as theoretical...

This paper analyses the major changes in textile products, production costs, prices, and market orientations during the era when the ‘draperies’ or cloth industries of the late-medieval Low Countries and England had become increasingly dependent upon northern markets and the German Hanseatic...