Various groups have been demanding that discussions of labor standards be included in all future trade negotiations. The press is full of stories of alleged exploitation of child labor and other employment abuses in developing countries and human rights groups have demanded that something be...

This paper develops a framework for studying the effects of higher trade openness on the wage distribution that emphasizes within-industry labor reallocation across firms, strong skill-productivity complementarities in production and heterogenous fixed export costs across firms. Assuming no...

While the renegotiation of the North American Free Trade Agreement has received far more attention, a lesser-known U.S. trade deal has also been reworked. In April of 2017, President Trump proclaimed his displeasure with the Korea-U.S. Free Trade Agreement (commonly referred to as “KORUS”),...

We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labor productivity is affected by country-specific climate variables-defined as deviations of temperature and precipitation from their historical norms. Using a panel data...

The focuses of the article are the geo-economic problems regarding to theenforcement the tools of new economic geography. Series of problems are related to thedynamics of geo-economic and urban development in terms of the global spatial variationsand the imposition of new methodological approach...

This paper analyzes the impact of agglomeration economies on firm level performance measured by total factor productivity for Slovenia. To estimate total factor productivity, we use a control function approach to capture endogenous input choices and self selection. In contrast to most of the...

The year 2009 is a propitious time to evaluate systems of investor protection in financial markets as global bank losses exceed the 1 trillion mark and market losses equally exceed the 1 trillion mark. Prior to the Global Financial Crisis, the European Union enacted sweeping legislation to...

The antidumping laws are structurally protectionist. There is no way to construct an antidumping law that is not protectionist. Basically, antidumping laws protect domestic producers at the expense of the general public. They provide a legal means of destroying the property of foreign...

This paper discusses the pitfalls of trade protectionism and argues the case for free trade. An extensive bibliography on trade is also included, which has links to more than 100 articles on various aspect of trade

As the 2008 financial crisis spread globally, it became widely apparent that an essential ingredient to preventing future systemic crises was reform of the regulation of financial markets. Two ambitious initiatives for regulatory reform are the European Union's European System of Financial...