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In this paper we examine the extent of international trade synchronization during periods of international trade … idiosyncratic patterns of international trade synchronization during international trade collapses and US recessions. During the … great recession of 2007-2009, however, international trade experienced the most sudden, severe and globally synchronized …
Persistent link: https://www.econbiz.de/10011113379
This paper examines the synchronization of business cycles across the G7 countries during US recessions since the 1870 …'s. Using a dynamic measure of business cycle synchronization, results depend on the globalisation period under … economies are documented during recessions that occurred under the classical Gold Standard. During the 2007-2009 recession …
Persistent link: https://www.econbiz.de/10011110921
Over the past two decades, the Maghreb Countries have initiated a liberalization process characterized by increasing trade flows and they have strengthened economic and financial linkages between their economies. In this paper, we demonstrate how co-movements of outputs would respond to this...
Persistent link: https://www.econbiz.de/10009401336
Developing the National Strategy for Sustainable Development (SNDD) is the result of the obligation assumed by Romania, as a member of the European Union, in accordance with the objectives agreed at EU and methodological prescriptions of the European Commission. Defining element of this policy...
Persistent link: https://www.econbiz.de/10005789542
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. In the paper Latvian economic indicators before and after entering the EU are...
Persistent link: https://www.econbiz.de/10009216353
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. Latvia's incoming in EU increased the amount of received means from structural...
Persistent link: https://www.econbiz.de/10009367975
European Union countries recorded growth rates differ. Therefore, the European policy of regional development aimed at ensuring heterogeneously and achieve the objective of convergence at European level must take into account the steps taken by each country, especially in if new countries...
Persistent link: https://www.econbiz.de/10005836528
The current destination of Central and Eastern European countries -- explicitly for some, implicitly for all -- is Brussels. One simple measure, not without theoretical justification, is physical distance. This paper's focus, however, lies more in the distance in time and economic space. The...
Persistent link: https://www.econbiz.de/10008545965
A unique feature of the financial crisis is the unprecedented collapse in global world trade. The objective of this paper is to explain some of that collapse as a move toward protectionism triggered not by nationalistic interests but by ‘competing’ objectives among trading partners from the...
Persistent link: https://www.econbiz.de/10008531925
For Latvia with incoming into the European Union big opportunities in the international markets have opened. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. In paper various indicators of a national economy before and after...
Persistent link: https://www.econbiz.de/10008855257