This paper analyzes the economic impact of regional integration on agricultural trade. Using a simple Krugman-type model with tariff distortions, two propositions on the the impact of regionalism on trade flows are derived: (i) the impact of regional integration is stronger, when the degree of...

East Asia has been caught with regionalism in recent years. There has been a proliferation of bilateral and regional trading arrangement initiatives across the region. Long known for their support to the multilateral framework under the WTO, the leading economies in the region (Japan, South...

Strong opinions about the impact of globalization on poverty are not always backed by robust factual evidence. As argued in this paper, however, it is not all that easy to lay our hands on ‘robust’ facts. Quantitative analyses of trade liberalization appear highly sensitive to basic...

Although highly beneficial from a pragmatic point of view, Romania’s accession in the European Union is problematic, especially in the long run and from a theoretical perspective. In the short run, adoption of european model emphasizes the advantages of economic integration. In the long run...

A model of entry by a small exporting country into a large country market with an incumbent monopolist is constructed, and export promotion policy is examined. In the presence of strategic entry deterrence by the large country incumbent firm a number of situations can emerge, including the...

Abstract Treaty changes at the Amsterdam summit (1997) established employment policy as an official part of EU policy. European institutions not only gained influence in a policy area that formerly had been a national prerogative but, furthermore, the "open method of coordination" was introduced...

Attempts to explain the "rise of East Asia" often neglect transnational and regional aspects. After analyzing transnational political and economic processes in and beyond the region, the paper concludes that East Asia, in comparison with other conceptualizations of regions (Southeast Asia,...

The paper focuses on the regulation and parallel trade for innovative in-patent medicines in the setting of a partially integrated EU-wide market for pharmaceuticals, the impact of different national and European level regulatory regimes, under which the prices for theses innovative medicines...