International linkages in the context of global and regional integration -- Trade integration of the Central and Eastern European countries and China : has it reached potential? -- Patterns and determinants of production fragmentation in world manufacturing trade -- Going global : trade,...

Against the background of increasing competition and other significant structural changes implied by globalisation, maintaining and enhancing competitiveness has evolved into one of the prime concerns in most countries. Following up on previous work (see in particular ECB Occasional Papers No....

In addition to its direct effects on the global trading and production structure, the ongoing process of globalisation may have important implications for the interaction of exchange rates and the overall economy. This paper presents evidence regarding possible changes in the role of exchange...