We propose a multi-country dynamic general equilibrium model to quantify the implications of trade and FDI … of bilateral trade and FDI flows across 5 major economies as well as their CA balances over 1996-2014. Our counterfactual … experiments suggest that the decline in trade and FDI costs accounts for about half of the increase in global trade imbalances and …

four widely-advocated policies: removing explicit restrictions to trade and FDI; promoting domestic competition; improving … the adaptability of labour markets; and ensuring adequate levels of infrastructure capital. The analysis covers FDI and … most modes of cross-border services supply. It first describes trends in trade, FDI and the four sets of policies using a …

to FDI. In contrast, the available theory on FDI does not yet provide empirically testable propositions on the effects of … principal features of FDI. This paper uses a "gravity model" approach to assess the impact of the deepening integration between … the EU and the CEECs on FDI flows in terms of three key issues. First, we provide systematic estimates of the expected …

robust growth in both the EU and Russia, as well as high oil and gas prices, has boosted trade. Likewise, FDI to and from …