Voluminous theoretical and empirical research shows that real exchange rate (RER) undervaluation could be conducive to economic development. Why do countries then often avoid the pursuit of policies that facilitate undervaluation or even intentionally pursue RER overvaluation? We address this...

This paper investigates the nature and pattern of export specialization in Lithuania. The aim of this paper is to estimate the nature and pattern of Lithuanian export specialization under existing conditions. Seeking to define the nature and pattern of export specialization, the basic methods of...

This Working Paper presents a brief but comprehensive graphical overview of copper contained in international trade, from copper concentrates through to finished products. Extensive data checks and a simple consolidation method were performed before visualizing the data on world maps. While data...