This article seeks to survey the impact of a policy of opening to the trade balance and the competitive potential of the Tunisian economy by studying the impact of lower pricing and accompanying policies like a policy favorable exchange, growth in economic activity, the effort made in innovation...

The paper aims to find the long run and the short run relationships between trade balance, income, money supply, and real effective exchange rate for the period 1980 to 2011 in the case of Pakistan. The analysis is based on bounds testing approach to co-integration and error correction models,...

In the present work, we propose a coopetitive model applied to the Greek crisis, which aims both at improving the competitiveness of the Greek productive system and rebalancing the current account balance of the country. Our model of coopetition (based on normal form game theory) is conceived at...

The world economy has evolved in recent years amid some obvious inequalities and disparities nationally manifested on different levels, including the participation in international trade. This study took into account the two ways of approach, namely: evaluation and analysis of existing...

Due to its natural resources, the Brazilian economy has been able, at the same time, to provide the needs of the internal market of agricultural an agroindustrial products as well as of playing a major role in the international market for some agricultural and agroindustrial products. However,...

This study employs a reduced-form VAR model to estimate trade balance’s responses to a positive shock to the real VND/USD exchange rate. For this purpose, we apply identification restrictions based on the conclusion by Krugman, Obstfeld and Melitz (2012), and on the theory of the AA-DD model...

The current article examines the trade balance of Greece in the Euro era, in general, and in particular within the Member States of the Euro Zone (EZ). It was found that in the Euro-era, the Greek trade balance has deteriorated in general and particularly within the Member States of the EZ,...

The work is a development of our earlier studies containing empirical application of models with representative agent. The extensions developed in this paper consist of the following: the introduction of the labor market via the use of labor as the second production factor, the use of the...

Gang Yi—Deputy Governor and Administrator, State Administration of Foreign Exchange (SAFE), People's Bank of China—returned to Indiana University-Purdue University Indianapolis (IUPUI)—where he was awarded an honorary degree. Following are remarks and a lecture on the Chinese economy he...