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This paper analyzes the role of the United States in the global economy and examines the extent of global spillovers from changes in U.S. growth, monetary and fiscal policies, and uncertainty in its financial markets and economic policies. Developments in the U.S. economy, the world's largest,...
Persistent link: https://www.econbiz.de/10011696319
As a result of the current global financial crisis, in 2009 the world economy is likely to experience the largest contraction since World War II and the unemployment rate to reach historical highs in many countries. The fact that the current global crisis is originated from the U.S. and followed...
Persistent link: https://www.econbiz.de/10010273672
Realisation that foreign startups have the potential to add new and innovative products and services to the market, bring in investment and create more jobs compared to traditional firms, a number of countries are providing fiscal and non-fiscal incentives, including startup visas, to attract...
Persistent link: https://www.econbiz.de/10012099533
This paper analyses the proposed free trade agreement (FTA) between EU and India focusing on services trade. Based on … agreement and next predict the impact on services trade flows using a general equilibrium structural gravity analysis. I find …'s trade with the rest of the world would not change much, while India's exports to the rest of the world would decline by …
Persistent link: https://www.econbiz.de/10014331157
The empirical relationship between trade protection and economic growth is surprisinglyfragile, as shown in a number of … between trade barriers and growth is contingent on measures ofcomparative advantage. The findings suggest that these …
Persistent link: https://www.econbiz.de/10009302530
This paper analyses trade specialisation dynamics in two Eastern European countries(Romania and Bulgaria – EEC-2) vis …
Persistent link: https://www.econbiz.de/10009360508
While most countries have harmonized intellectual property rights (IPR) legislation, the dispute about the optimal level of IPR-enforcement remains. This paper develops an endogenous growth framework with two open economies satisfying the classical North-South assumptions to study (a)...
Persistent link: https://www.econbiz.de/10010305986
This paper investigates economic and political determinants of protection across the secondary (manufacturing) sector. Economic factors can be summarized by the infant industry argument and we expect industries which are relatively efficient compared to the rest-of-the-world to have low levels...
Persistent link: https://www.econbiz.de/10010334289
This paper aims to identify the bilateral trade possibilities and non-tariff barriers between India and Pakistan. The … study shows that there is a large untapped trade potential between the two countries. Using the potential trade approach … categories, namely, quantitative restrictions, trade facilitation and customs procedures, technical barriers to trade and …
Persistent link: https://www.econbiz.de/10011807606
Energy plays a vital role in the development of any economy and given its unequal distribution trade in energy …, especially fossil fuels, is an important component of international trade. In the past, due to its public good characteristics … significant transformation. Many new services developed and large multinationals emerged which increased global trade in energy …
Persistent link: https://www.econbiz.de/10011807637