Despite significant economic reforms in many Southern Mediterranean EU neighbour countries, their growth performance … has on average been subdued. This study analyses the differences in growth performance and macroeconomic stability across … from closer ties with the EU that result in higher levels of trade and FDI inflows, once the turbulence of the 'Arab Spring …

demand and growth. As a result, the collapse of exports to the US and other industrialized countries during the global … financial and economic crisis has sharply curtailed gross domestic product (GDP) growth across the region. The emergence of the … an additional source of demand and growth. The central objective of this paper is to use vector autoregression (VAR …

computable general equilibrium trade model calibrated with the latest version of the GTAP database to simulate the effect of … doubling non-tariff barriers - both unilateral and reciprocal - between the two blocks on trade and welfare. Imposing trade … to cooperate rather than turning away from each other. By imposing a trade war on Russia, the political West could …

computable general equilibrium trade model calibrated with the latest version of the GTAP database to simulate the effect of … doubling non-tariff barriers - both unilateral and reciprocal - between the two blocks on trade and welfare. Imposing trade … to cooperate rather than turning away from each other. By imposing a trade war on Russia, the political West could …

computable general equilibrium trade model calibrated with the latest version of the GTAP database to simulate the effect of … doubling non-tariff barriers – both unilateral and reciprocal – between the two blocks on trade and welfare. Imposing trade … to cooperate rather than turning away from each other. By imposing a trade war on Russia, the political West could …

computable general equilibrium trade model calibrated with the latest version of the GTAP database to simulate the effect of … doubling non-tariff barriers - both unilateral and reciprocal - between the two blocks on trade and welfare. Imposing trade … to cooperate rather than turning away from each other. By imposing a trade war on Russia, the political West could …

propelling these economies to miracle-level growth. Just as Bastiat observed, the case made by free trade critics in favor of … trade rests upon errors, or, if you prefer, upon half-truths.”1 Ever since Adam Smith successfully replaced mercantilist … orthodoxy with free trade doctrine in his celebrated book The Wealth of Nations, free trade critics have repeatedly challenged …

This paper makes the following contributions to the literature on the impact of trade on income. First, we use … of trade on income for 75 developed and developing countries, both for the sample, as a whole, and for each individual … trade on income. Our main findings are: (i) A one-percent increase in the trade share of GDP results, on average, in a …

This paper makes two contributions to the literature on the impact of trade on income. First, we use heterogeneous … trade on income for 81 developed and developing countries, both for the sample as a whole and for each individual country …. Second, we use a general-to-specific variable selection approach to identify important determinants of the effect of trade on …

trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC's trade … developing Asia's exports and growth. As a result, developing Asian countries are increasingly looking to the People's Republic … of China (PRC) as a new source of demand and growth. The central objective of this paper is to empirically assess whether …