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 article aims to determine the levels and bases of competitiveness of Polish exports of industrial products in the Common Market on the background of selected countries. The results of the analysis carried out by Constant Market Share, applied to the decomposition of the growth of Polish...

Assesses the U.S.–Jordan FTA and assess its impact on trade in goods and services of the Hashemite Kingdom of Jordan (Jordan), with a view to examining the following specific areas: (a) The comparative advantage of Jordan in exports of goods and services to the U.S. market, relative to other...

Purpose – Is globalization instrumental in fighting corruption? Do wealth effects matter in this fight? Are findings valid when linearity assumptions are dropped? This paper assesses the Lalountas et al.(2011) hypotheses in the African context. Design/methodology/approach – Though not form,...

Purpose – The purpose of this paper is to assess the effects of trade and financial globalization on human development in 52 African countries using updated data(1996-2010) and a new indicator of human development(adjusted for inequality). Design/methodology/approach – The estimation...

Abstract Previous work has shown that the results of both China and Mexico’s export-led market reforms over the past quarter century have been strikingly different. In contrast to China, Mexico has not managed to increase the value added of its exports of manufactured goods and has...

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...

Distinguished trade theorists maintain that a national economy cannot be uncompetitive as a whole, contrary to the frequent statements of many politicians, because a country must possess a comparative advantage in some sector according to Ricardo’s principle. In this paper the author...

Romania’s international agrifood trade increased significantly during the last decade, and mostly after the EU accession. Since 1990, the Romanian agrifood trade balance showed an almost continuous increasing deficit trend until 2008. In four years only, the trend reversed and in 2013, for the...

Underlying Greece's public debt crisis is a fundamental economic problem: its lack of international competitiveness. While in the short term the debt crisis must be solved, in the long term the economic perspective of the country will depend on whether it will succeed in developing competitive...