The last Chapter explores the role of Aid for Trade (AfT) in enabling LDCs to utilize the opportunities from the increased preferential market access and integrate more effectively into the global economy.

This chapter provides a discussion on the various issues related to LDCs’ enhanced market access through the multilateral process (such as the so-called Duty Free Quota Free or DFQF package) or through use of Generalized System of Preferences (GSP) provided unilaterally by developed and some...

This paper tries to examine the role of various economic policy measures that are unveiled in the Asia Pacific region to achieve the MDGs. In do so, in the first stage, the paper tries to bring out the extent of achievement of MDGs in the region. Further, it attempts to fix the bench marks for...

The Trans-Pacific-Partnership (TPP) trade agreement, if successfully implemented, will liberalize trade between the US, Japan and ten other Asia-Pacific economies, making it one of the largest regional agreements ever seen. The prospect of a comprehensive trade agreement spanning the Pacific...

The theoretical relation between exchange rate and prices has been a difficult proposition to find supporting evidence despite many studies of developed economies using standard research methods. The exchange rate to price relation appears to hold in the long run only, a result consistent with...

Extract: Globalization is very much part of the modern vernacular. Arguably, it was first used by McLuhan and Fiore (1968) when they introduced the concept of the ‘global village’. Globalization is characterized by the growth of the international trade of goods and services, the growth in...

La Revista Integración & Comercio del BID incluye artículos referidos a las distintas manifestaciones del proceso de integración en América Latina y el Caribe, a la integración hemisférica y, también, a los procesos con igual orientación que se llevan a cabo en otras partes del mundo....

To achieve the United Nations MDGs (Millennium Development Goals) in less developed Asian countries it is required to increase international cooperation to reach higher educational level of population and investment per head. In this article we analyze the evolution of economic development and...

In this paper we compare welfare effects and the extent of sectoral adjustments of the member countries under alternative free trade agreement (FTA) sequencings in the Asia-Pacific region using a dynamic computable general equilibrium (CGE) model. If a Trans-Pacific Partnership (TPP) agreement...

The article examines the natural gas markets of the United States, the European Union and the Asia-Pacific region and their regulation and contractual structures. The article׳s main focus is on the United States natural gas markets. The European Union and Asia-Pacific markets are compared to...