In this paper it is argued that the willingness of debtors to make external debt-service payments reflects, in part, their inability to credibly and permanently suspend debt service. The benefits of a credible debt-service suspension would include increased private investment. But this would, in...

The objective of this paper is to examine the role of geography in explaining the patterns of financial and economic integration among both developed and developing countries. Using a gravity model, we compare North-North, North-South and South-North FDI, trade and portfolio investment flows to...

The world economy is expanding at a more moderate pace with growth momentum continuing to shift from emerging to advanced economies. World GDP will increase by 3.3 per cent this year – even some-what less than the already modest growth in the recent past. For 2016 and 2017 we expect growth to...

This volume analyses some thorny issues surrounding the new generation of EU trade and investment agreements. The idea originated in an academic event that the editors organised at the Faculty of Law of the University of Oslo in October 2014. The volume builds on the conviction that the...