This article aims to examine the long and short run relationship between agricultural exports and agriculture share of GDP. Links between series considered are assessed by co-integration analysis using Johansen co-integration technique and ECM-GARCH. Results indicate a positive link in the short...

What can further market integration contribute to growth and employment? A series of hypothetical trade reform scenarios explores what countries at different levels of development can expect to gain from reforming tariffs, non-tariff barriers, trade facilitation and domestic support to...

Developing countries' requests for financial and technical assistance acquired a high profile during the Doha Round negotiations prompting the launch of the Aid for Trade Initiative. The Initiative succeeded in mobilising a large amount of financial resources. However, because the Doha Round...

This article presents a Ricardian model of trade with learning-by-doing to study the effect of barriers to trade in products with low growth potential on the long-run economic growth. The model shows that, when elasticity of demand for the product with a lower learning potential is lower than...

This paper assesses how regional trade agreements (RTAs) impact growth volatility on a worldwide sample of 170 countries with data spanning the period 1978-2012.Notwithstanding concerns that trade openness through RTAs can heighten exposure to shocks, in particular when it leads to increased...

The WTO's Trade Facilitation Agreement (TFA) is an important agreement that aims to simplify and simplify trade procedures, lower trade costs and increase transparency and predictability in global trade. For Bangladesh, a highly export-dependent developing country, TFA offers significant...

Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken competition and has left a legacy of government...