This paper examines, with the help of the available literature on North-South models, the paradoxical economic performances within Latin America and the role of China’s phenomenal recent growth in it, which turn the Prebisch-Singer thesis upside down: the terms of trade are moving in favor of...

This paper examines specifically the impact of legal-based financial structure on long-run economic growth in Nigeria, using time serial data for 17 year period: 1992 - 2008. Time series general method of movement (GMM) regression was used to estimate the necessary models. The growth rate of...

This paper examines specifically the impact of legal-based financial structure on long-run economic growth in Nigeria, using time serial data for 17 year period: 1992 - 2008. Time series general method of movement (GMM) regression was used to estimate the necessary models. The growth rate of...

Brasilien, Russland, Indien, China und Südafrika - die sogenannten BRICS - weisen im internationalen Vergleich hohe gesamtwirtschaftliche Zuwachsraten auf. Auch während der jüngsten Wirtschaftskrise verzeichneten die meisten BRICS-Staaten noch ein überdurchschnittliches Wachstum. Der...

Deutschland hat sich von dem scharfen Einbruch infolge der globalen Wirtschafts- und Finanzkrise schneller erholt als die meisten anderen entwickelten Länder. Die Schwäche der Nachfrage aus dem Euroraum wurde kompensiert durch ein starkes Wachstum der Exporte in die Länder außerhalb der...

The paper aims at analyzing the impact of the recent economic crisis on the real convergence with the Euro area for ten countries from Central and Eastern Europe that joined the European Union in 2004 and 2007. We use 2000, 2008 and 2010 as benchmark years for our study and GDP per capita at...

This paper addresses the intra-regional trade of the countries of the Gulf Cooperation Council (GCC), namely, the United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait. We have found that the intra-regional trade is still at a modest level, where the trade intensity index showed...

Using a gravity model, this article presents an analysis of aggregate trade flows aimed at identifying China’s impact on Latin America’s trade. The results obtained indicate that: i) China´s growth in the last years implied a growing supply of exports to this market from most countries in...