Economics

Professor Kojima of Hitotsubashi University is a leading Japanese economist in international economics. Two of his major ideas are reviewed: a theory of pro-trade FDI and an extended "flying-geese" theory of industrial development. Kojima's pro-trade FDI (which rests on the doctrine of...

This paper argues that developments in Europe have been the most important variable in monetary integration in West Africa. It shows how monetary integration in West Africa has historically been influenced by two colonial powers: Britain and France and the state of the relationship between these...

Debates over proposals to liberalise international trade are often heated and acrimonious. They are often argued, in part, on the basis of projections of market conditions after the proposed liberalisation. These argument are often important in influencing trade policy decisions, yet their...

After a long debate on wine import tariffs, the Italian Parliament failed to ratify the Spanish- Italian trade agreement on December 17th, 1905. This decision - an unusual episode for a country with relatively low level of protection - left Spain and Italy without a bilateral trade treaty for an...

Después de un largo debate sobre los aranceles a la importación de vino, el 17 de diciembre de 1905 el Parlamento italiano no ratificó el acuerdo comercial entre España e Italia. Esta decisión, un episodio inusual para un país con un nivel relativamente bajo de protección, dejó a España...

En este estudio analizamos el acuerdo comercial entre la Unión Europea (UE) y el Mercado Común del Sur (Mercosur), y predecimos sus efectos sobre el comercio y el bienestar utilizando un modelo de gravedad estructural de equilibrio general. En un primer paso, estimamos el incremento en los...

Artículo de revista ; On 20 December 2020 the European Union (EU) and the United Kingdom (UK) signed a Trade and Cooperation Agreement (TCA) setting the terms on which trade relations between both areas will be based. This article describes the essential points of the agreement, in both the...

Artículo de revista ; In 2019 the European Union (EU) and the Latin American countries that make up the Common Market of the South (Mercosur) reached a political agreement to sign, ratify and implement a trade agreement between the two blocs. This agreement is expected to bring trade and...