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The Belt and Road initiative, recently embarked on by China, aims to improve cross-border infrastructure in order to reduce transportation costs across a massive geographical area between China and Europe. The authors estimate how much trade might be created among Belt and Road countries as a...
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Introduction and overview / Patrick Low, Chiedu Osakwe and Maika Oshikawa -- African Union priorities in the WTO / Fatima Haram Acyl -- Economic diversification in Africa's number one economy / Okechukwu E. Enelamah -- Trade, investment and development / Rob Davies -- Integration into regional...
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The global financial crisis exposed great shortcomings in the global economic architecture, generating extensive international debate about possible remedies for these deficiencies. The postwar global architecture was guided by major developed economies, centered around the IMF, the GATT, and...
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"International trade and foreign investment are important pathways to realise the ambitious set of Sustainable Development Goals finalised as part of the 2030 Agenda for Sustainable Development. To evaluate the promises and limits of these vectors, we invited leading scholars from political...
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Economists have shown that international trade increases economic growth, with trade liberalization and integration having characterized the last 50 years. While trade can increase national welfare, recent estimates from both developed and developing countries show that labor market adjustment...
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