In recent decades, free trade agreements have been proliferated and have become a major part of the global trading system, along with the multilateral framework represented by the World Trade Organizations. This article discusses some of the major issues with FTA in relation to the WTO...

The capacity to generate and how to avoid the dismantling of wealth is the premise upon which the European Union (EU) has been established. The road to EU as a nation will not be as smooth as some European countries would have hoped. Structural incompatibilities, political rivalry and...

The current world trading system lacks a procedure to identify developing country Members, to whom "Special and Differential Treatment" (SDT) is granted. Based on the analysis of five methods of identifying developing country Members, which are GATT Article XVIII definition, listing,...

Purpose – The purpose of this paper is to test the hypothesis that there are common challenges and approaches in serving low‐income customers in developing markets, and that these can be articulated and refined to get better business results. Design/methodology/approach – This article...

Purpose – The purpose of this paper is to test the hypothesis that there exists a positive link between financial development and economic growth in island economies. Design/methodology/approach – To study this relationship both static and dynamic panel data techniques (GMM) are used for a...

Purpose – The purpose of this paper is to simulate the indirect and direct effects of remittances in developing countries. Design/methodology/approach – The paper estimates a dynamic macroeconomic model and estimates the short‐run and long‐run dynamic multiplier effects of hypothetical...

Purpose – The Chinese economy, among other developing economies in Asia, has experienced extraordinary growth in the last decade. Yet, for China and other newly emerging economies in Asia to grow in a sustainable manner, good corporate governance and management mechanisms must be in place. The...

Purpose – The paper aims to give an account to describe the way the South‐South development programme is realized between Taiwan and Belize. Design/methodology/approach – The paper is the result of ethnographic fieldwork research combined with a literature study. Findings – The...

Purpose – The purpose of this paper is to provide assessment of the current status of economic development and policy suggestions as to how Slovenia can catch up with developed countries and close the development gap. Design/methodology/approach – The paper first analyses world development...