China has achieved great success in its economic development since it has conducted economy-wide reforms and opened itself to the outside world. Within less than three decades, China has now become a leading economy in the world, the second largest in FDI inflow, the third largest in foreign...

In this paper we take a systematic look at recent trends in global protectionism and at the potential implications of a protectionist backlash for economic growth, using results from the recent economic literature and new model simulations. We find that there has so far been a moderate increase...

This paper examines a number of key factors that have an impact on economic development in the Maghreb. While growth indicators have been favorable in recent years, a consideration of the inequitable distribution of wealth and the precarious employment situation paint a different picture....

Economic theory has made considerable progress in explaining why sovereign countries cooperate in trade. Central to most theories of trade cooperation are issues of self-enforcement: The threat of reprisal by an aggrieved party maintains the initial balance of concessions and prevents...

The aim of the paper is to show the history of economic relations between the European Union and Japan. This economy is very important to the EU and the countries of the EU are interested in further deepening areas of cooperation. Therefore it seems important to indicate the political will to...

The paper covers the issues of dialogue and cooperation between ASEM countries in the conditions of growing mutual international interdependencies and changing conditions of cooperation at the global level. It presents the ASEM countries which are taking steps aimed at deepening mutual...

We investigate the effect of economic sanctions on trade flows in countries sharing a border with the sanctioned state. On the one hand, trade models suggest that trade flows should decrease as sanctions disrupt trading routes and economic ties with suppliers and customers. On the other hand,...

The continued difficulties of the World Trade Organization to achieve further multilateral trade liberalization in the Doha Round negotiations have raised questions about its continued relevance. This paper firstly identifies and assesses the key developments in the Doha Round that have...