This report is part of the large-scale project Challenges and Opportunities of Eurasian Economic Integration implemented in cooperation with the IIASA Institute (Vienna), which envisages a number of high-level roundtables as well as research articles and reports. The objective of the project is...

EU and twelve countries of the Middle East and North Africa (MENA) engaged in 1995 in the Euro-Mediterranean Partnership (EMP) in political, economic and cultural matters with the aim to foster cooperation, stability, and prosperity around the Mediterranean Basin. The Economic and Financial...

The macroeconomic implications the Single Market is likely to have for the rest of the world, in particular the United States and Japan, are considered in this essay. Trade diversion will be an unavoidable result of Europe 1992 but that the patterns of the EC's external trade and financial flows...

EU and twelve countries of the Middle East and North Africa (MENA) engaged in 1995 in the Euro-Mediterranean Partnership (EMP) in political, economic and cultural matters with the aim to foster cooperation, stability, and prosperity around the Mediterranean Basin. The Economic and Financial...

While the Black Sea has historically been an area of significant geostrategic importance, this has not made it a vibrant zone of commerce, transport, energy, tourism, or cultural exchange. Rather, it has become a theatre of struggle for dominance and competing geopolitical and geo-economic...

Today even raising the question of an economic integration agreement between the European Union and the Eurasian Economic Union seems a non-starter. Recent economic sanctions have severely hurt economic cooperation between the two political entities. Yet the foundations of any new institution...

This paper compares the traditional gravity model with a bidirectional approach when multilateral resistance is implemented to analyze the effect of inward foreign direct investment (FDI) on exports. We use cross-sectional HS trade data disaggregated at a 6-digit level in 2010 with controls for...

Promising growth rates, increased trade, and competition among major global players for African resources have boosted the development and bargaining power of sub-Saharan Africa (SSA) in relation to the EU. However, Africa's least developed countries remain vulnerable to external shocks....

The launch of the International North-South Transport Corridor (INSTC) and its connection to latitudinal transport corridors will enable the creation of a single Eurasian transport framework. Significantly shorter delivery time is the key advantage that the INSTC will have relative to the other...

Promising growth rates, increased trade, and competition among major global players for African resources have boosted the development and bargaining power of sub-Saharan Africa (SSA) in relation to the EU. However, Africa's least developed countries remain vulnerable to external shocks....