Anfang Dezember 2013 einigten sich die Mitgliedsländer der WTO auf ein neues Welthandelsabkommen. Gabriel Felbermayr, ifo Institut und Universität München, sieht einen Anpassungsbedarf der WTO an die neue Gemengelage in der Weltwirtschaft, da in Zukunft immer häufiger in regionalen Abkommen...

Examines the structural features and operational characteristics of the two EPZs, as well as their socio-economic consequences for the host country. The data analysed in this respect relate to the period covering the inception of the two EPZs, up to 1996 - Chittagong EPZ (1983 to 1996) and Dhaka...

The purpose of this study is to test for the effects of trade promotion via the foreign service. We develop a Melitz-based model where firms are heterogeneous with respect to productivity and must pay a beachhead cost to enter a foreign market, which can be reduced by government spending on...

This 2007 Article IV Consultation highlights that following an extended boom led by strong domestic demand, the slowdown in the United States has largely reflected a drag from residential investment as the housing market has weakened substantially. Unexpected weakness in business investment and...

Using two recently constructed measures of trade liberalization dates, this research studies the impact of trade liberalization on imports, exports, and overall trade balance for a large sample of developing countries. We find strong and consistent evidence that trade liberalization leads to...

Following the onset of the financial crisis in September 2008 and the subsequent “Great Trade Collapse” (Baldwin 2009), many countries actively used trade policy instruments as part of their response to the global recession. Governments pursued a mix of trade liberalization, trade promotion,...

In a recent notable paper, Rose (2004a) finds no evidence that membership in the GATT/WTO increases trade. However, to evaluate accurately the role of the trade organization on trade promotion, only trade in commodities and sectors that are actually under the influence of that organization...

The author aims to undertake exploratory theory building by suggesting a framework in which relationships between input-process-output may be further researched. The approach serves as a tool to understand value creation by commercial diplomacy. First, the author traces back the origins and the...