At the second conference of the UNCTAD in 1968, member states adopted a Resolution (Resolution 21(ii)) which stated, inter alia, that the offer of the non-reciprocal trade preferences (NRTPs) by wealthier countries to developing countries should aim to increase the export earnings of developing...

A conspicuous lacuna in the literature on Sub-Saharan Africa (SSA) is the lack of clarity on variables key for driving and predicting inclusive growth. To address this, I train the machine learning algorithms for the Standard lasso, the Minimum Schwarz Bayesian Information Criterion (Minimum...

There is considerable debate whether the domestic political institutions (specifically, the country’s level of democracy) of the host developing country toward foreign investors are effective in establishing the credibility of commitments are still underway, researchers have also analyzed the...

Over 70 academic papers attempt to explain why foreigners invest in US securities. All ignore the vital role of the US broker-dealer. Macroeconomic factors like a trade balance or corporate governance may guide foreign investors toward certain markets. But US broker-dealers provide information...

In this paper, we assess the value of Russia’s preferential imports from all trade partners and CIS countries in particular. Total value of preferential imports in Russia (both duty free imports as well as imports subject to the discounted MFN duty under GSP) is equal to ca 12% (37.8 USD bln.)...

In 'Fairness in Practice – A Social Contract for a Global Economy' (2012) Aaron James proposes a substantial normative framework for a theory of fairness in the global economy. Based on a distinctive methodology of interpretive constructivism, James argues for an internal justification of...

We investigate the implications of EU non-tariff barriers in the form sanitary and phyto-sanitary (SPS) measures and technical barriers to trade (TBT) on gender relations in the agricultural labour market between 1995 and 2012. Our results indicate that women are disproportionately disadvantaged...

Since 2011, Germany has consistently been the country posting the largest current account surpluses in the world. In recent years, this has led to a number of calls from economists and policy-makers in and outside Germany, and from international institutions and organisations, asking the Federal...

Existing studies on the determinants of countries' accession to the World Trade Organization (WTO) have neglected the role that Aid for Trade (AfT) flows might have played in states' accession process to the WTO. The present study aims to fill this void in the literature by investigating the...

This paper has investigated the effect of countries' structural economic vulnerability (EVI) on their participation in international trade, using an unbalanced panel dataset of 118 countries over the period from 1996 to 2018, and the two-step system generalized method of moments estimator. It...