<heading id="h1" level="1" implicit="yes" format="display">ABSTRACT</heading> Even though there are gains from international trade, there is still a case that trade opportunities have significant distributional consequences. This study considers the arguments that trade liberalisation and technological catch-up could raise the skill premium. The first argument...

type="main" xml:id="twec12099-abs-0001" <title type="main">Abstract</title> <p>This paper examines the impacts of regional trade agreements (RTAs) on trade flows at product level, with a particular focus on trade creation and diversion. Based on estimation of the gravity equation, dealing with the zero trade flows and...</p>

In the light of the importance of foreign direct investment (FDI) for the promotion of economic development, this paper examines the impact of the changes in the real exchange rate and its volatility on FDI. Examining Japan's FDI by industries, we found that the depreciation of the currency of...

type="main" xml:id="twec12138-abs-0001" <title type="main">Abstract</title> <p>The demand for accountability in ‘Aid-for-Trade’ (AFT) is increasing but monitoring has focused on case studies and impressionistic narratives. The paper reviews recent evidence from a wide range of studies, recognising that a multiplicity of...</p>