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economic integration is being created within a few specific regions of the world: Europe, North America and East Asia. … integration of trade, finance, investments, labor markets and ideas in one globalmarketplace. The most important elements of this … academic discourse, many economists focused, from the 1980s and 1990s, in addition to globalization, on regionalization - the …
Persistent link: https://www.econbiz.de/10011992014
Two issues stand out in this conversation. The first concerns the unfinished business of the global fight against the scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic performance - affordable and efficient public...
Persistent link: https://www.econbiz.de/10010426539
We investigate the effect of trade integration on interstate military conflict. Our empirical analysis, based on a … interdependence significantly promotes peace. It also suggests that the peace-promotion effect of bilateral trade integration is … sharing borders. The main finding of the peace-promotion effect of bilateral and global trade integration holds robust when …
Persistent link: https://www.econbiz.de/10013075366
The paper discusses similarities and differences between past EU binding internal liberalization "across the board" in the industrial sector and present so-called voluntary sectoral liberalization of member states of the Asia-Pacific Economic Cooperation (APEC). While both approaches are...
Persistent link: https://www.econbiz.de/10011472227
findings suggest that Asia-Latin American FTAs have laid the foundations for inter-regional integration by liberalizing the … enhance Asia-Latin American integration in the future …
Persistent link: https://www.econbiz.de/10013006870
Regional integration is the strategy adopted at the continental level to strengthen Africa’s development. However, the … different regional blocs already established on the continent face many challenges. Based on the economic integration of the … increase in backward integration to GVC raises trade openness. The results also indicate how the competitiveness of trade …
Persistent link: https://www.econbiz.de/10011886771
clear economic implication. Economic integration definitely worsens outsider s welfare even if the external tariffs of the … bloc are unraised. Bloc member s welfare first increases with the expansion of the bloc, but when about half of the world … is united into the bloc, welfare begins to decrease. Simulation results shed some light on the incentive structure of …
Persistent link: https://www.econbiz.de/10014216286
The paper first surveys the Trade Facilitation landscape at the regional level and analyses the main forces shaping it. It identifies key factors driving regional Facilitation approaches, examining their priorities, features and underlying philosophies. The study also highlights significant...
Persistent link: https://www.econbiz.de/10010230933
Purpose: The aim of the paper is to evaluate the impact of CEFTA on exports and economic growth and development of its members. Regionalism is attractive to states and especially to developing countries, since they enhance their reliability on reforms to foreign investors and they raise their...
Persistent link: https://www.econbiz.de/10012485854
are much stronger than the general case covering all RTAs in the world. In addition, as we control the trade effect of a … country's trade facilitation, which is ranked by the World Bank's logistic performance index, RTAs consisting of trade …
Persistent link: https://www.econbiz.de/10011765036