The nature of South–South international economic relations has changed significantly in recent decades, especially since the early 1990s. In areas such as trade, investment, labor markets, technology, and policy coordination, regional cooperation between countries of the South and pro-market...

The nature of South-South international economic relations has changed significantly in recent decades, especially since the early 1990s. In areas such as trade, investment, labor markets, technology, and policy coordination, regional cooperation between countries of the South and pro-market...

We study the role of global trade imbalances in shaping the adjustment dynamics in response to trade shocks. We build and estimate a general equilibrium, multicountry, multisector model of trade with two key ingredients: 1) consumption-saving decisions in each country commanded by representative...

Linguistic distance, i.e. the dissimilarity between languages, is an important factor influencing international economic transactions such as migration or international trade flows by imposing hurdles for second language acquisition and increasing transaction costs. To measure these costs, we...

Strengthening people-to-people ties is part of the Belt and Road Initiative’s (BRI) cooperation priorities and to be realised, among others, through student and academic exchanges, research cooperation, joint vocational training as well as tourism. Through national legislation and efforts in...

The African Continental Free Trade Area marks a historic decision on the road to regional economic integration on the continent. If implemented, the agreement has the potential to make a significant impact on improving the livelihoods of the African people, by increasing intra-African trade and...

This study explores how to promote bilateral industrial cooperation between Korea and Ethiopia centered on bilateral trade and investment. This research focuses particularly on industrial cooperation between the Small & Medium Enterprises (SMEs) of the two countries. This research was initiated...

This study investigates the effects of infrastructure development on African global value chain (GVC) participation. Infrastructure development is proxied by a composite index which encompasses ICT, transport network, electricity and water supply while considering both the backward and the...