La crisis económica actual se inscribe en el contexto de un profundo proceso de transformación de la economía mundial. Este proceso tiene su principal reflejo en la evolución registrada por el comercio internacional en las últimas décadas, cuyo análisis es el objeto de esta monografía....

Las intensas transformaciones registradas por la economía mundial a lo largo de los últimos veinticinco años han modificado profundamente la naturaleza y magnitud de los flujos comerciales entre países. La incorporación de grandes potencias emergentes al sistema económico internacional ha...

This paper provides a historical look at how the multilateral trading system has coped with the challenge of shocks and shifts. By shocks we mean sudden jolts to the world economy in the form of financial crises and deep recessions, or wars and political conflicts. By shifts we mean slow-moving,...

This paper provides a historical look at how the multilateral trading system has coped with the challenge of shocks and shifts.  By shocks we mean sudden jolts to the world economy in the form of financial crises and deep recessions, or wars and political conflicts.  By shifts we mean...

The fact that crossing a political border dramatically reduces trade flows has been widely documented in the literature. The increasing number of borders has surprisingly attracted much less attention. The number of independent countries has indeed risen from 72 in 1948 to 192 today. This paper...

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The article reports results of an empirical investigation into trade, openness, and domestic conflict for several Latin American countries. It addresses two main issues: (1) whether variations in trade openness affect the likelihood of the onset of domestic conflict and (2) once initiated, how...

The conflict-trade paradigm has been dominated by the liberal and realist schools of thought, which try to explain how and why trade affects conflict and cooperation. While the liberal point of view predicts a positive effect of levels of trade on cooperation, realists counter by arguing a...

A viable peace is one that comes about naturally and persists without the need for outside intervention. At least since Baron de Montesquieu’s statement that “peace is the natural effect of trade. Two nations who traffic with each other become reciprocally dependent; for if one has the...

A viable peace is one that comes about naturally and persists without the need for outside intervention. At least since Baron de Montesquieu’s statement that “peace is the natural effect of trade. Two nations who traffic with each other become reciprocally dependent; for if one has the...