The paper is inviting a reader to think to what extent we can use the knowledge resulting from laws of nature for exploring economic processes. In order to look for the answers on this question, the paper is going to explore international trade flows between the Baltic Sea region countries using...

The study analyses the development possibilities of the Baltic Sea region from various perspectives. It deals with the current situation, the potential and the future challenges. Thereby this study puts its focus on trade in the Baltic Sea area, demographic trends, capacity for innovation and...

The paper discusses the ASEAN + 3 integration in the context of the literature on hub-and-spoke regionalism. It argues that, provided proper rules of origin are incorporated, the different bilateral arrangements between ASEAN countries and each of the three East Asian economies are building...

We have defined the Baltic Sea Region as consisting of the following countries: Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Sweden, and Russia. We investigate foreign direct investment (FDI) flows from 1995 to 2010 to these countries econometrically. We use two basic models:...

Due to its strategic immensity and opportunities for covert action, the maritime domain has become the most prominent arena of modern-day great power rivalry. In the shadow of this confrontation and the Russian war of aggression against Ukraine, the Baltic Sea is now the focus of geopolitical...

Over the past four decades the High Performing Asian Economies (HPAE) have followed a development strategy based on the exposure of their local markets to the presence of foreign competition and on an outward oriented production. In contrast, Latin American Economies (LATAM) began taking steps...