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With ever-increasing political tensions between China and Russia on one side and the EU and the USA on the other, it only seems a matter of time until protectionist policies cause a decoupling of global value chains. This paper uses a computable general equilibrium trade model calibrated with...
Persistent link: https://www.econbiz.de/10013162407
With ever-increasing political tensions between China and Russia on one side and the EU and the US on the other, it only seems a matter of time until protectionist policies cause a decoupling of global value chains. This paper uses a computable general equilibrium trade model calibrated with the...
Persistent link: https://www.econbiz.de/10013186412
With ever-increasing political tensions between China and Russia on one side and the EU and the US on the other, it only seems a matter of time until protectionist policies cause a decoupling of global value chains. This paper uses a computable general equilibrium trade model calibrated with the...
Persistent link: https://www.econbiz.de/10012888028
With ever-increasing political tensions between China and Russia on one side and the EU and the US on the other, it only seems a matter of time until protectionist policies cause a decoupling of global value chains. This paper uses a computable general equilibrium trade model calibrated with the...
Persistent link: https://www.econbiz.de/10014335099
In 2015, the African Union launched negotiations to establish African Free Trade Agreement named AfCFTA (African Continental Free Trade Area). In this study, we pointed out the importance of the services sector in intra-African trade. It examines the effects of AfCFTA on intra-African trade in...
Persistent link: https://www.econbiz.de/10013224794
Trade and investment can be effective means of implementation of the 2030 Sustainable Development Agenda. However, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side-effects on non-economic facets of sustainable development. As...
Persistent link: https://www.econbiz.de/10011773529
Since the onset of the ongoing United States (US)–People’s Republic of China (PRC) trade dispute in 2017, stakeholders and experts alike have expressed deep concerns that the tensions would come at a cost for the countries involved and the global economy. In this paper, we endeavor to...
Persistent link: https://www.econbiz.de/10013249937
Since the beginning of 2017, a paradigm change in international trade policy is observed. While the protectionist agendas are on the rise, the EU and Japan signed an Economic Partnership Agreement (EPA) on 17 July 2018. It is the most ambitious agreement of the EU with any Asian state. The study...
Persistent link: https://www.econbiz.de/10012196990
enter a new phase with the entry into force of United States-Mexico-Canada Agreement (USMCA) on 1 July 2020. This note …After 26 years of trading under the North American Free Trade agreement (NAFTA), Mexico and its North American partners … quantifies the potential impact of the agreement on Mexico and assesses its implications for Mexico’s economic development in the …
Persistent link: https://www.econbiz.de/10013249950
The Canada-United States-Mexico Agreement (CUSMA), as amended by the Protocol of Amendment signed December 10, 2019 … threshold for tax and duty-free entry into Canada and Mexico of low-value goods imports; and easing some barriers to services … GDP and welfare for all three parties, with Mexico being hardest hit and the United States the least. Canada's real GDP …
Persistent link: https://www.econbiz.de/10012848468