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questions about the future stability of EMU. -- output synchronisation ; trade intensity ; endogeneity ; European Monetary Union …
Persistent link: https://www.econbiz.de/10009724042
theoretical foundations. In particular, the paper discusses the use and development of trade weights based on trade in … the updated trade weights of euro effective exchange rates, it appears that the increasing integration of the euro area … with other European economies accounts for the largest variation in trade weights. The US dollar, an anchor currency for a …
Persistent link: https://www.econbiz.de/10013113993
existing rules of international trade and investment law on competitive neutrality between SOEs and foreign private firms, and … tracing the recent attempts of regulating SOEs through free trade agreements (FTAs), and, to a much limited extent, through … bilateral investment treaties (BITs), so as to fill the gaps of existing rules of international trade and investment law on SOEs …
Persistent link: https://www.econbiz.de/10013103941
against which the lawfulness of non-trade conditions must be assessed: Article XX GATT and the WTO's Enabling Clause. It then … of labour rights can be both constitutive of and instrumental to development. This makes GSP trade-labour linkage and …
Persistent link: https://www.econbiz.de/10013104596
deficits. This evolution raised concerns over the country external sustainability. Since 2007, in the Romanian foreign trade …
Persistent link: https://www.econbiz.de/10013083772
Using annual bilateral data over the period 1988-2011 for a panel of 24 industrialised and emerging economies, we analyse in a time-varying framework the determinants of output synchronisation in EMU (European Monetary Union) distinguishing between core and peripheral member states. The results...
Persistent link: https://www.econbiz.de/10013083873
The latest generation of Preferential Trade Agreements (PTA) features a diversity of ‘deep integration' provisions …
Persistent link: https://www.econbiz.de/10013090634
Estimating the currency union effect on trade has been a contentious topic, with a wide range of estimates on the true … of eurozone membership to bring more clarity to our understanding of the benefits from trade that such a union provides … local projections to study both the traditional static estimates of trade as well as forecasts of the effect of currency …
Persistent link: https://www.econbiz.de/10012891914
Romanian version is available at: 'https://ssrn.com/abstract=3110875' https://ssrn.com/abstract=3110875This paper investigates the Eurozone current account sustainability by using unit root tests and cointegration techniques. The results indicate there is no cointegration between the credit and...
Persistent link: https://www.econbiz.de/10012940283
In 2013, the last year's trend of stagnation of the main foreign trade indices prevailed. It is worth mentioning that … result of that, the trade balance surplus decreased …
Persistent link: https://www.econbiz.de/10013059865