Employing the Pedroni co-integration technique and the GMM estimator, this paper aims at investigating the possible connection between financial development, financial openness and trade openness in twenty-nine Asian developing countries over 1994-2008. Firstly, we find a bidirectional causality...

One of the selling points behind larger preferential trade agreements (PTAs) is the potential to encourage the spread of global value chains (GVCs). These supply chains are increasingly critical to the globalized economy. Large GVC operators may include up to 15,000 firms in their networks...

If there is one thing to question about the recently signed free-trade deal between Canada and South Korea, it is this: What took us so long? South Korea is a long-time trading partner with Canada, with a democratic political system and a rapidly expanding free-market economy offering strong...