Honey, this relatively homogenous, hard to trace product, characterised by considerable international price differences, and often regulated by high tariff barriers, lends itself to economically motivated product adulteration. The adulteration of honey can undermine confidence in products as...

The decision of the United Kingdom (UK) to leave the European Union (EU) is unprecedented, especially considering the recent trend in the global economy toward economic integration. There is a multitude of research concerning the implications of economic integration; however, research in the...

This study assesses the impact of trade openness on economic growth among ECOWAS countries using secondary data from 1975 to 2017. The study uses non-stationary heterogeneous dynamic panel models through the application of Pooled Mean Group (PMG) and Mean Group (MG) estimators since time...

The contemporary division of production in the global economy poses challenges typical for dependent market economies of the Visegrád countries (V4: Czechia, Hungary, Poland, and Slovakia). This comparative study explores whether the foreign trade of V4 with Germany contributes to their...

Japan achieved phenomenal economic growth after wwii. Starting in the early 1990s, however, the japanese economy began experiencing a prolonged deflation-stagnation period widely known as the “lost decades”. Based on data from the world bank and the federal reserve bank of saint louis, this...

Member countries of the Organisation of Petroleum Exporting Countries (OPEC) are always in the news regarding the prices and supply of crude oil to the international market. One of the economic reasons for this is liquidity and the desire to accumulate international reserves by the respective...

This paper empirically investigates the impact of change in exchange rate on export and import flows between Slovakia and its major trading partners. Devaluation or depreciation of a currency worsens the trade balance before improving it, resulting in a J-curve pattern. For the purpose of this...

Dieser Artikel untersucht, ob die Finanzkrise zu einer nachhaltigen Veränderung der sektoralen und geografischen Spezialisierung Deutschlands im Handel mit forschungsintensiven Gütern geführt hat. Dazu werden im ersten Teil sektorale Spezialisierungsindikatoren für Deutschland, die USA,...