The paper draws broad predictions from the developmental elements of new economic geography models and subjects them to empirical scrutiny. Industrial activity has spread from developed to geographically close developing countries in sectors that are intensive in immobile primary factors and not...

The paper reviews existing studies on linkages between agricultural policies, trade liberalization and the environment. Since the price and production changes induced by the Uruguay Round Agreement on Agriculture seem likely to be quite modest for most countries, this partial trade...

The determination of China to accede to the World Trade Organization was driven mostly by its desire to further its economic reform. However, because of the spectacular growth in its international trade in the past two decades, there is the fear that with China’s accession to WTO, China would...

The concept of “odious debt” regroups a set of equitable considerations that have often been raised in the context of political transitions. This paper explores the grounds of the “odious debt” concept in international law and points out that obligation to repay debt has never been...

There can be little doubt that at the turn of the century the Turkish economy was in need of an urgent stabilization in order to halt a treacherous process of high and volatile inflation, unsustainable public debt accumulation, and increasing financial fragility, resulting from irresponsible...

The impact of ATC-termination on the rise in China’s market share in global textiles and clothing trade is likely to be lower than often suggested by CGE models because the models (i) neglect the industry structure and sourcing strategies of buyers; (ii) take insufficient account of current...

Trade policy is at a crossroads. So is trade diplomacy. The failure of the “traditional import substitution” policies of the 1950s–1970s has been followed by the failure of trade liberalization in the 1980s and 1990s by developing countries. In particular, the deadlock in the negotiations...

New trade and endogenous growth theories are discussed, and their findings taken to interpret technological innovation and human-capital accumulation as being the engines of structural diversification. Structural diversification is seen as being the result of dynamic learning sequences, where...

This study summarizes the findings of the technical assistance provided jointly by UNCTAD and the Trade and Industrial Policy Secretariat (TIPS) to the Department of Trade and Industry of South Africa during its negotiations with the European Union for a Free Trade Area (FTA) Agreement. The...

The values and market shares of three product categories have grown most rapidly in world exports during the period 1980–1998: electrical and electronic goods (including parts and components for such goods), goods which require high R&D expenditures, and labour-intensive products, particularly...