The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet empirical evidence on the possible magnitudes is still scarce. This paper uses four different datasets to estimate the determinants of international asset holdings and trade...

"Globalisierung" ist ein beliebtes Schlagwort in wirtschafts- und gesellschaftspolitischen Diskussionen. Der Begriff weckt manche Hoffnungen, vor allem jedoch viele Ängste. Beschränkt man sich auf die außenwirtschaftlich relevanten Dimensionen der Globalisierung, läßt sich das Phänomen als...

In this study of Ghana integrated to the world economy, we focus primarily on Ghana-UK-Germany trade axis partly because of Ghana's relative dependence on the EU for her international trade. The study employs "representative" country macroeconometric models of these economies, using data over...

The analysis of Baltic regional trade patterns reveals that during the nineties the Baltic states made significant progress to integrate into the Western European division of labour although a significant share of (transit) trade with Russia remained. In view of this development, history seems...