Purpose The purpose of this paper is to show that outsourcing can occur as outcome of a separating or pooling perfect Bayesian equilibrium although it is not profitable under complete information. Therefore, asymmetric information can itself be a reason for outsourcing....

Purpose – The purpose of this paper is to examine the possibility of using non‐income indicators and the self‐organizing map (SOM) approach as an alternative analytical tool to map countries' welfare status. Design/methodology/approach – Using data from 27 countries of the East...

Abstract The main aim of this research is to seek the potential for Trade liberalization between Intra-BRICS and the impact on the Rule of Law, searching for issues that are hampering or would hamper the BRICS collaboration and economic growth. If any political and legal systems or organization...

Issues concerning the consequences of trade liberalization and the resulting reduction in domestic fiscal budgets have always been the 'hot' topic in the trade policy community. This paper approaches this issue by focusing on the experience of the Israeli economy in the twenty year period...

This paper analyzes the impacts of trade liberalization in a non-integrated industry where a marketing agency controls the supply of a necessary input in the production of a processed commodity. Trade of the processed good is restricted through a Tariff-Rate Quota (TRQ) and domestic processors...

There has been an unprecedented trade liberalization which started in the mid- 1980s in a wide spectrum of developing countries. In the same period, there have also been considerable changes in the tax structures of countries. This paper uses panel data on 65 countries, including 16 Middle East...

Purpose – The objective of this paper is to contribute to the existing literature by examining which combination of three important agricultural policies – land distribution, domestic food production, and trade liberalization – is most conducive to improving food security in developing...

Purpose The Dominican trade deficit represents almost 16 per cent of its gross domestic product (GDP) and is insufficiently counteracted by tourism and remittances; not even a high devaluation closed the imbalance. Eighty per cent of the exports are from free trade zones. These facts reflect...

Purpose – The paper aims to investigate the relationship between trade liberalization and technology absorption in a less developing country context. The objective is to empirically test the relationship between these two variables. This analysis was conducted in Sub-Saharan African economies....