World trade’s dramatic collapse from the end of 2008 was emblematic of a globally synchronised recession that threatened to become a depression and of a financial crisis painfully transmitted to the real economy. The extent of the fall in world trade relative to that in world GDP and the...

This paper analyses trade specialisation dynamics in two Eastern European countries (Romania and Bulgaria - EEC-2) vis-a-vis the core EU member states (EU-15) over the period 1990-2006. Specifically, we focus on whether there is a shift towards intra-industry trade leading to economic...

Although the concept of aid for trade has quickly gained prominence among aid donors as well as aid recipients, relatively little is known about its impact on trade-related performance. This paper uses statistical evidence to examine the effects of aid for trade on the costs of trading and on...

The fairness and effectiveness of the Clean Development Mechanism (CDM) in reducing greenhouse gas emissions (GHG) and promoting economic development is a matter of substantial concern for the international community as it works towards another GHG reduction agreement in Copenhagen. Among other...

This article provides an overview of the most essential issues in the trade and culture discourse from a global law perspective. It looks into the intensified disconnect between trade and culture and exposes its flaws and the considerable drawbacks that it brings with it. It is argued that these...

This paper examines the role of entry to and concentration of the export sector in Polish exports performance during 1992-97. Comparison with changes during the first years of transition as well as cross-sectional analysis is included. The paper shows the emergence of new tendencies in the...

This paper uses a complex network approach for the analysis of bilateral trade data between countries over the period 1970-2000. We compute the network community structure for every year between 1970 and 2000 and compare it to null community structures that emerge from various models based on...

This paper empirically illustrates the impact of ongoing changes to Canada's terms of trade. It provides a discussion of how the terms of trade are measured and how to interpret terms of trade shifts. Examples of two major factors affecting Canada's terms of trade are provided, followed by an...

This paper refines, develops and applies input-output decomposition analysis: first, by putting it in an unique intercountry perspective; second, by concentrating on explaining income growth; and third, by systematically separating the effects of trade pattern changes from the effects of...

The concept of globalization refers to the growing interdependence of countries, resulting from the increasing integration of trade, finance, investments, labor markets and ideas in one global marketplace. The most important elements of this process are the international trade and the...