After the global financial crisis, both export growth and economic growth have trended downward, while exports’ contributions to percentage change in GDP fell off markedly after 2011. For this study, we adopted an export multiplier approach by which exports’ indirect effects on the domestic...

Proposals for incorporating information on the quality of human, social, and environmental conditions in more authentic and comprehensive versions of the Gross National Product (GNP) or Gross Domestic Product (GDP) date back to the foundations of econometrics. Typically treated as external to...

This article discusses the unitended effects of increased anti-corruption enforcement by the United States Department of Justice and the Securities & Exchange Commission. With the emergence of other maturing economies, the United States can no longer assume that most companies will tolerate its...

Digital technology has penetrated various fields, including international trade. This study aims to analyze how barriers/openness to trade in digital services affected exports before the COVID-19 pandemic (2015-2016) and during the pandemic (2019-2020). Based on the Gravity model, exports seem...

Over the past two decades, globalisation has given a boost to world trade, has grown one and a half times faster than world output, and the difference has even been considerably higher in recent years as world trade growth accelerated very strongly. More

The dimensions of this global economic crisis, spread across all the variables of the global economy, develop and multiply in time and space. The effects of this quantitative and qualitative trends are found in the country risk, an indicator that summariz

A unique feature of the financial crisis is the unprecedented collapse in global world trade. The objective of this paper is to explain some of that collapse as a move toward protectionism triggered not by nationalistic interests but by ‘competing’ objectives among trading partners from the...

The globalization process formerly dominated by international trade and investment, is largely borne today by the reduction in the costs of information and communication processing, which altogether with the accumulation of knowledge and experience, deeply transforms the context for...

This paper takes a modest step towards formalizing the theoretical interconnections among four post-Industrial-Revolution phenomena – the industrialization and growth take-off of rich ‘northern’ nations, massive global income divergence, and rapid trade expansion. Specifically, we present...

In the context in which most countries in Western Europe is almost unanimously accepted advantage of using the single currency, it appreciates that for Romania, whose foreign trade is facing up to approximately 2 / 3 to the market, adopting the single currency will bring real benefits. To become...