On March, 2011 the signing of the Treaty of Assunción by Argentina, Brazil, Paraguay and Uruguay celebrated its 20th anniversary. Preferential trade agreements that create joint economic spaces might be seen as useful tools to promote economic development. This article discusses to what extent...

This paper argues that the Brazilian economy went recently through a process of accelerated growth driven by exports and fixed capital formation. Although the pace of growth was more robust than in the 1990 decade, we can still see the presence of macroeconomic constraints to its continuation in...

This work identifies the main characteristics of trade flows between Colombia and Venezuela with MERCOSUR, with specific discussion of trade with Brazil. It aims at providing a broad view of such trade flows, as well as presenting some descriptive indicators of such trade relationship. A special...

Economic Growth and External Stabilisation (defined in terms of Current Account Balance as a percentage of GDP) is a top priority for policy-makers, while laying out the macroeconomic framework for Indian economy. Government of India had targeted for an average GDP growth rate of 9 percent and a...

The literature shows that openness to trade improves long-term growth but also that it may increase exposure to high output volatility. In this vein, our paper investigates whether exporting and export diversification at the firm level have an effect on the output volatility of firms. We use...

Besides facilitating access to the world market, WTO accession negotiations entail a process of domestic reforms that are expected to improve the supply side of acceding economies. However, measuring the actual impact of accession remains an empirical debate. The present paper contributes to the...

Die Studie betrachtet die Wirtschaft der Staaten in Subsahara-Afrika, auf die nur 2 % des weltweiten Bruttoinlandsprodukts entfallen. Unter Nutzung statistischer Daten wird untersucht, ob deutsche Unternehmen Wirtschaftspartner in der Region fanden. Zwar haben mehrere Tausend KMU dahin...

A distinctive characteristic of The Global Economy over the last few decades has been the rising rate and the impressive increase in the Foreign Direct Investment (FDI globally). Due to the potential role that foreign direct investments may play in accelerating the growth rate and re-shaping the...

In a country's economy, investments take center stage, both in the production of goods and services and in the sphere of consumption. They represent a factor that influences simultaneously both demand and supply. The importance and impact of FDI have righteously attracted all EU Members heed and...

We analyse the number of different HS8 products in the EU countries’ ex-ports in 1995–2015. We review what share, or coverage, of the total possible number of these products the countries exported each year. We analyse whether the development in this coverage rate as opposed to concentration...