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Measures to actively facilitate trade are increasingly seen as essential to assist developing countries in expanding trade and benefiting from globalisation. Although often viewed as narrowly concerned with the ease and speed of Customs procedures, even greater trade cost reductions and trade...
Persistent link: https://www.econbiz.de/10003765779
Measures to support Competition Policy and enhance the efficiency of Public Procurement can enhance the impact of regional integration agreements. The first part addresses Competition Policy - measures employed by government to ensure a fair competitive market environment. Competition policy...
Persistent link: https://www.econbiz.de/10003765803
In this paper we develop a two country general equilibrium extension of the Stockman (1980)-Lucas (1982) equilibrium exchange rate model. This optimising framework gives us the opportunity to analyse the effect of foreign direct investment on trade and welfare of both the investor and the...
Persistent link: https://www.econbiz.de/10012732663
There are countries that do not fall under the prevailing definitions of developed and developing country that are employed by the World Trade Organization (WTO). The WTO fails to take into account the special circumstances and needs of these countries. While such special circumstances and needs...
Persistent link: https://www.econbiz.de/10014050487
Increasingly, developing countries embrace foreign direct investment (FDI) and simultaneously pursue economic integration with developed countries. Foreign investment is subject to sovereign risk and it has been suggested that free trade agreements may serve as a commitment mechanism in order to...
Persistent link: https://www.econbiz.de/10014074437
In this paper, we shed additional light on the complex relationship between multinational enterprises (MNEs), exporting and economic development by making a distinction between single and multi-product firms. As far as we are aware, the export behavior of foreign firms in a multi-product setting...
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