We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure … the institutions and infrastructure literature in this respect, using selection-based gravity modeling of trade flows. We … also depart from this literature by mixing principal components (to condense our institutional and infrastructure measures …

faced and their business environment. The business environment includes physical infrastructure, the availability of an …

This paper treats the question to what extent globalization trends restrict a countryspecific regulation policy in …: financial market, product markets, labour markets and trade. After a short discussion of the link between globalization and … executed. The evidence shows that globalization in the narrow sense of trade openness and capital mobility has a rather limited …

: 1) globalization is a process of continuing integration of the countries of the world that is beneficial, inevitable and …This paper examines the impacts of globalization on small countries, covering the main features of globalization, the … irreversible. No any country can afford to remain isolated from the world economy. 2) some of small countries might have higher …