Mexico's recent financial crisis, culminating in December 1994, threatens the positive effects of the substantial reforms that the country has implemented since 1985 by opening its real sector: first trade has been liberalized unilaterally, then Mexico has joined the GATT, the Uruguay Round, the...

In this paper, we analyse effects of EU integration on Asian countries. Since the early 1990s, it is especially the trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent papers seem to indicate that the Rose effect seems to be...

Mexico's recent financial crisis, culminating in December 1994, threatens the positive effects of the substantial reforms that the country has implemented since 1985 by opening its real sector: first trade has been liberalized unilaterally, then Mexico has joined the GATT, the Uruguay Round, the...

The process of economic reform and trade liberalization in Latin America and the Caribbean, under way since the end of the 1980s, has brought about an increasing integration of the countries in the region into the world economy, both in terms of commercial and investment flows. At the same time,...

Latin American and Caribbean countries are today at an important juncture in their international economic relations. Since the end of the 1980s the countries of the region have been pursuing a process of economic reform and opening that has brought about a radical change in their domestic...

The process of economic reform and trade liberalization in Latin America and the Caribbean, under way since the end of the 1980s, has brought about an increasing integration of the countries in the region into the world economy, both in terms of commercial and investment flows. At the same time,...

In this paper, we analyse effects of EU integration on Asian countries. Since the early 1990s, it is especially the trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent papers seem to indicate that the Rose effect seems to be...