The chapter tests the stages of development hypothesis for the balance of payments (SDH) in the years 1992-2016. We use data for 80 economies that are divided into five income groups. The research method includes regression. Our study yields yet limited support for SDH. The curve representing...

The Romanian agri-food trade has registered a permanent deficit during the last three decades (with a brief exception period, 2013-2014). The deficit was deepened by the negative trade balance with the EU countries, but since 2010, the deficit has been partially offset by the trade surplus with...