imports, trade, productivity Countries covered CEE, SEE Topics Macroeconomic Analysis and Policy The central bank as hedge …Patterns of new member states’ international trade in intermediate products (by Robert Stehrer; pp. 1-6) Keywords … intermediate products, international trade Countries covered New EU Member States Topics International Trade, Competitiveness and …

Global trade patterns are changing rapidly. Emerging economies are increasing their share of exports overall and … Union (EU) world market shares at the aggregate and sectoral level. It further points towards the changing patterns of trade …

Graph of the month Share of foreign value added in the exports of selected countries Opinion corner What might be the … economic consequences of a potential territorial break-up of Ukraine? (by Vasily Astrov) Trade integration, vertical … specialisation and employment growth in the new Member States (by Sandra Leitner and Robert Stehrer) Trade in jobs a counterfactual …

In this paper we examine the impact of membership in Preferential Trade Agreements (PTAs) on trade between PTA members …. Rather than considering the impact of PTA membership on the volume of trade we consider the impact of membership on the … structure of trade. For a large sample of countries over the period 1962-2000 we find that membership in a PTA is associated …