Various concepts ascribe key roles to emerging non‐OECD countries in regional and global politics. This paper highlights how these concepts hint not only at a shift of global power but also at geopolitical regionalization: according to the theory of hegemonic stability, regional powers (a...

We use a multi-country computable general equilibrium (CGE) model with agricultural policy details to simulate the effects of North American Free Trade Agreement (NAFTA). We find that Mexico gains from NAFTA only when it also removes domestic distortions in agriculture. In that case, agriculture...

'Global Tariff War: Economic, Political and Social Implications' traces the range of impacts that global tariff wars in international trade can have on the growth and expansion of national economies. The Global economic and political status quo has faced turmoil after the US President's 2018...