The article analyses two opposite theories of foreign trade policy: of an advocate of free trade Adam Smith and of a German economist Friedrich List who insisted on a necessity to apply protectionism under certain conditions. It is proved that the methodology applied by F. List in the study of...

В статье анализируются две противоположные теории внешнеторговой политики: сторонника свободной торговли Адама Смита и немецкого экономиста Фридриха Листа,...

This paper reports on progress made on Nicaragua’s National Human Development Plan as of 2010. The operational goal for Nicaragua’s National Human Development Plan is economic growth with increased employment and reduced inequality and poverty. The results for 2007–10...

В статье рассмотрено становление, развитие и современное функционирование институтов национального экономического пространства, деятельность которых...

Why is, in developed nations, foreign trade policy favoured to direct income redistribution to counteract rising income inequality resulting from globalisation? Foreign trade theory suggests that a politician's wisest policy was to capture all welfare gains from free trade and to redistribute...

Poverty risk is most marked for children, displaced persons and returnees, unemployed, and people with low education. Basic goals of the macroeconomic framework of the mid-term development strategy of Bosnia and Herzegovina are to reduce the overall public expenditures, lower the public debt,...

We use an empirical estimation procedure to examine the effect of macroeconomic variables of Israel's trading partners on the country's exports. The main goal of our study is to use the estimation results to point to the optimal trade policy for Israel, and compare it with the current policy.

The article considers main problems of functioning of the mechanism of regulation of foreign economic connections, which influence the level of competitiveness of the national economy. It analyses the modern condition of the state regulation of foreign economic connections of Ukraine and...

This paper establishes relationships between static Nash equilibria and dynamic Markov perfect equilibria of tariff and quota retaliation games. In supermodular games where tariffs are strategic complements, the steady state of every, symmetric Markov perfect equilibrium must have lower tariffs...