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 such, they are best to be accompanied by trade facilitation …

With the ongoing trade normalisation process between India and Pakistan, opportunities to integrate have opened up … segment to focus on in improving trade relations between the two countries. Here, an empirical and theoretical analysis of … India-Pakistan trade using some statistical indicators reveals low levels of current trade but huge trade potential. Since …

in eliminating prohibitive trade barriers. We then consider how the potential for cooperation varies with trade costs and …Much potential for trade liberalization exists in industries and markets with trade barriers that are prohibitive for … all or many firms. In standard political economic theories of trade policy, observed prohibitive barriers must be globally …

This paper evaluates the macroeconomic effects on the UK and the euro area of an increase in trade tariffs associated …-negligible amount; second, the macroeconomic costs for the UK are reduced if it decides unilaterally not to increase tariffs on imports … from the euro area and to reduce those on imports from the RW; third, the macroeconomic costs are particularly high if the …

The European Union (EU) supports developing countries with a unilateral trade preference scheme. The scheme underwent a … imports from the removed beneficiaries. Using the gravity model of trade with high-dimensional fixed effects, we show that the … trade agreement with the EU, in which case the negative effect of removal of unilateral trade preferences is compensated but …

far away? We build a model that examines the effect of trade costs and how tariff policy is determined in a representative … democracy. We find that when the countries' income distribution is largely skewed, an FTA is more beneficial due to trade costs … trading regimes: most favored nation (MFN), customs union (CU), and free trade agreement (FTA). Two points are addressed: Why …

This study revisits the trade and welfare effects of 19th century bilateralism exploiting the latest developments in … structural gravity models, including the consideration of domestic trade. Using bilateral trade data between 1855 and 1875, I … show that the Cobden-Chevalier network, i.e. a system of bilateral trade agreements including the Most Favored Nation …

trade agreements (FTAs). This paper is devoted to the EUSouth Korea agreement, which is the first ‘second-generation’ FTA of …-South Korea trade relationship and the role of NTMs in ex-ante and ex-post analyses of the agreement. Subsequently a structural … evaluating their ability to predict the trade effects of the EU-South Korea FTA. Our results show that, when accounting for …