For over several years, since 2007, India and the European Union (EU) have been negotiating a free trade agreement (FTA). The nation is trying to tie-up the largest trade and investment deal. It deals with the liberalisation of goods in trade, the deregulation of services, investment and...

Economic re-integration after a long period of separation among countries with different levels of development is expected to start in border regions. Enterprises along the borderline can gain a rent due to low transport and transaction costs. They benefit from the fortunate opportunity of...

This paper tries to investigate the economic consequences of a scenario where the EU imposes economic sanctions on Sudan. The idea of the paper is motivated by the deteriorating relations between Sudan and EU endorsed by the devastating conflicts in Darfur region and its related implications in...

World trade contracted sharply in late 2008 and early 2009 following the deepening of the financial crisis in September 2008. This paper discusses the main mechanisms behind the global downturn in trade and its impact on euro area exports and competitiveness. It finds that the euro area was hit...

This paper analyzes the role of complexity in production on the level of output and on its rate of growth. We develop an endogenous growth model with human capital accumulation, where increased complexity could exert either a positive or a negative effect on the level of output but always a...

Zum 01. Mai 2011 entfielen die bis dahin verbliebenen Übergangsregelungen der fünften EU-Osterweiterung, womit die acht mittel- und osteuropäischen Mitgliedsstaaten fortan als gleichberechtigte Mitglieder der Staatengemeinschaft gelten. Aktuell bestehen weiterhin deutliche Unterschiede bei...

This paper analyzes the role of complexity in production on the level of output and on its rate of growth. We develop an endogenous growth model with human capital accumulation, where increased complexity could exert either a positive or a negative effect on the level of output but always a...

The purpose of this paper is to ascertain the degree of importance of governance, which has in recent years been emphasized in the field of development economics as a factor contributing to economic development, in Japan's postwar reconstruction during the period 1945 to 1955. In addition, in...

Most projections envision continued rapid growth in ASEAN, the PRC and India over the next two decades. By 2030, they could quadruple their output, virtually eliminate extreme poverty, and dramatically transform the lives of their more than 3 billion citizens. The impact will be felt across the...

Paper analyses main aspects of trade and economic relationship between the Republic of Tajikistan and Islamic Republic of Afghanistan: economic relationship between Tajikistan and Afghanistan in post-Soviet time; transport infrastructure between two countries and its influence on trade and...