The Frasier Institute’s Economic Freedom of the World is often taken as a metric of market capitalism. This paper argues that the index is an amalgam of measures capturing free markets and good governance, and analysts should remain cognizant of this conceptual conflation when using the index...

The paper explores whether the question of why some countries are able to implement more extensive reforms is closely related to the question of why some countries have better institutions than others. We analyze this question by using an empirical econometric model based on Poisson regression...

In this paper, we examine the evolution of international exchanges of auto parts over the 2000-2012 period. The first part of our study proposes an analysis of the organisation of automotive supply chains based on the global production networks framework. We give details about this approach by...

Brazil is a country with long-standing ambitions for a major role in the world economy and in global governance, but its footprint in various measures of both remains relatively modest. On current trends, the gap between ambition and achievement will likely remain large, so we provide a critique...

In the last two decades, more than half of the countries in the world have introduced a reform process in their power industries and billions of dollars have been spent on liberalizing electricity markets around the world. This thesis presents a doctoral research concerned with the cross-country...

This paper develops variants of the model suggested by Glick and Rogoff (1996) and VAR models to analyze short term effects of the main determinants for the current account in Costa Rica. Empirical evidence suggests that, lagged investment, government’s primary surplus, terms of trade,...

The aim of the article is to compare total real GDP growth of European countries from the 3rd quarter of 2008 to the 3rd quarter of 2012, that is the period from the start of the Great recession in European Union to the present day. This period is characterized by a predominant economic...

Trade under Contractual Development Area (FTCDA) to give up the dilemma Free-Trade vs Protectionist Policy which are second and third best (resp.). In such an area national economies would respect the current existing rules of the W.T.O. which would add the rule that each national economy would...

There has been witnessed a great transformation in the world trade over the last three decades. One of the main developments in this transformation is called “new regionalism phenomenon” that distinguish from earlier regionalism. The aim of this paper is to review the major elements of new...

The monograph analyzes environmental practice of transnational corporations (TNCs) at the end of the 20th – beginning of the 21st century. The study investigates into the reasons for differing environmental practices of TNCs thorough the world and in Russia in particular. The author researches...