The latest, and internationally controversial, issue relating to trade and human rights is that of labor standards. It has surfaced in international fora including the World Trade Organization (WTO). I will focus exclusively on this issue in the rest of this paper since an analysis of it...

This paper analyzes the impact of regional integration on outside countries as well as member countries, using a simple model with product differentiation and increasing returns to scale. Major findings include: (I) economic integration surely benefits the member contries but definitely worsens...

This paper accepts the premise that positive sum games exist in all dimensions of North-South economic contacts but that the management of conflicts concerning the distribution of the gains requires careful attention. It then proceeds to analyse the current state of play and the character of...

The paper celebrates John Fei's life and contributions to economics by viewing them in the context of recent theoretical and empirical literature on the economics and politics of growth. It summarizes the lessons from the literature and development experience since the end of the second world...

In this study, we look at the relationship between export stability, investment and economic growth in nine Asian countries using time series data. The few previous time series studies in this area have not paid any attention to stationarity and cointegration issues. We find that in most cases,...

This paper the presents pattern and determinants of intra-industry trade (IIT) in Australian manufacturing since the late 1970s. The results point to a sharp rise in IIT from the mid 1980s which appears to be linked with an outward-oriented policy. Industry level analysis indicates that...

This paper considers the economic sanctions that were applied in the mid-1980s to pressure the South African government to end apartheid. It asks what role those sanctions played in the eventual demise of the apartheid regime and concludes that the role was probably very small. An alternative...

The paper reviews the experience of developing countries in the multilateral trading system forme the conclusion of the GATT in 1947 and the establishment of the WTO in 1995. It traces the origins of GATT and the history of eight successive rounds of multilateral negotiations under its auspices...

This paper analyses the impact of various configurations of regional economic integration on member countries as well as on outside countries under realistic assumptions. That is, we consider constant external tariffs as required by Article XXIV of the GATT and the asymmetric formation of the...