Korean Abstract: 본 연구의 목적은 최근 국제교역에서 비중이 날로 증가하고 있는 서비스 교역이 경제성장에 미치는 영향을 분석하는 데 있으며, 이를 위해 1980~2000년 OECD 국가를 대상으로 동태패널 분석방법(dynamic panel approach)을...

This contribution investigates the form and content of a new and updated European Union (EU) legal framework intended to regulate third-country import pipelines for gas, including the ‘upstream' component of the Nord Stream 2 pipeline. The article will first set the scene and examine the...

Trade taxes are often used as (a) a first-best instrument to manipulate the terms-of-trade, or (b) a second-best instrument to correct pre-existing market distortions. We analyze the (in)effectiveness of trade taxes at achieving these two policy goals. To this end, we derive sufficient...

This paper argues that preferential trade agreements (PTAs) and the World Trade Organization (WTO) are not substitutes, and while PTAs are without doubt here to stay, dispensing with a multilateral venue for doing business in trade matters is not a serious option. It is therefore necessary to...

For over three decades U.S. Coast Guard leaders have struggled to address the strategic risk to the nation created by the exhaustively-studied yet still unresolved U.S. “icebreaker deficit.” This article examines the current state of the U.S. Coast Guard's icebreaking fleet and recent...

This paper studies the role of international trade of essential goods during a pandemic. We consider a multi-country multi-sector model with essential and non-essential goods. Essential goods provide utility relative to a reference consumption level, and a pandemic consists of an increase in...

Purpose – Political risk factors play a pivotal role in determining the bilateral trade flow of Asian countries in general and the Association for Southeast Asian Nations (ASEAN) countries in particular. The main purpose of this research paper is to examine the impact of disaggregated...

ABSTRACTThis study examines the role of political risk in deterring China’s trade flowwith her 132 trading partners with particular attention to the Associationof Southeast Asian Nations (ASEAN) and the Middle East and North African(MENA) countries for 1984-2015 in the Belt Road Initiative...

China’s geopolitical ambitions give rise to risks that government agencies and the businesses they regulate need to address. In particular, Military-Civil Fusion (MCF), a whole-of-government legal and administrative machinery created by the Chinese Communist Party (CCP), aims to give China’s...