World trade contracted sharply in late 2008 and early 2009 following the deepening of the financial crisis in September … 2008. This paper discusses the main mechanisms behind the global downturn in trade and its impact on euro area exports and … recorded losses in productivity during this period. Going forward, the recovery in world trade will depend mainly on a …

The idea of a Deep and Comprehensive Free Trade Agreement goes beyond the traditional concept of trade liberalization … and, apart from the elimination of tariffs in trade of goods, it also includes the reduction/ removal of non …-tariff barriers, the liberalization of the investment regime, the liberalization of trade in services, and the far …

from closer ties with the EU that result in higher levels of trade and FDI inflows, once the turbulence of the 'Arab Spring …