This book looks at four main questions relevant to the discussion of implementation and effectiveness of aid for trade. • How severe are the various possible constraints to trade expansion? • How different are the constraints to imports from the constraints to exports? • What impact would...

The aim of this study is to estimate the impact of the removal of NTBs in trade between the EU and its selected CIS partners: Russia, Ukraine, Georgia, Armenia and Azerbaijan (CIS5). The report includes a discussion of methodologies of measurement of non-tariff barriers and the impact of their...

Following Romer (1993), openness-inflation nexus has been subject to many empirical researches. However, South Caucasus economies are not studied yet. The aim of this research is to fill this gap in empirical literature by using multiple regression models and impulse-response function analysis...

The historical routes from the People's Republic of China (PRC) and India to the Middle East or Europe ran north of, south of, and across the Caspian Sea. Since 1500, maritime transport has dominated trade between Europe and East Asia. Central Asia became an economic backwater, incorporated into...

This paper, presents an analysis of the sectors that show the largest potential for supporting the country’s quest for economic diversification. It draws upon latest information about the diversification of economy and development strategy of oil producers countries from various sources,...

The study provides information about the prospective impact of trade and investment liberalization, especially for those economic sectors likely to be characterized as non-competitive in the post-WTO accession period. It also seeks to provide some guidelines on policy and institutional...

World Trade Organization (WTO) is the largest trade organization which is supposed to open the international trade for the benefit of all countries through liberalization or removing impediments over trade. It may directly impact import and export and indirectly other macroeconomic variables. In...

Among ENP countries, Azerbaijan is outstanding because it leans on its resource base and sees the EU at the receiving end of bilateral relations. At the other extreme, Ukraine depends on EU cooperation, especially with respect to trade. We develop a comprehensive theoretical concept for...

Bu makalede son donemde ABD de konut sektöründe fiyatların “balon etkisi” (konut fiyatlarının yapay olarak aşırı yükselmesi) neticesinde patlak veren ve kısa surede tüm dünya ülkeleri üzerinde etkili olan Global Finansal Krize sebebiyet veren faktörler (iktisadi ve...