Is Romania affected by the country risk? Country risk, especially the score given by the rating companies is meant to lead to economic growth or recession. Is it possible for only one grade to have that much impact upon the economy? The truth is that such

It is often claimed that what is popularly known as the "flying geese paradigm" of dynamic comparative advantage has accurately depicted the East Asian catching-up process. This paper presents a critical study of the paradigm, as well as its application to the current situation in East Asia...

International competitiveness receives much attention nowadays, but until recently its assessment has been heavily based on goods trade statistics. This paper addresses the need for competitiveness indicators that cover services trade and sets out initial proposals for developing a multilevel...

Russia is shown to have every reason to seek special consideration of, as well as express its concerns over, the impact of the European Union's (EU) eastern enlargement. The latter relate, in particular, to the current and expected negative repercussions of the changes in the political and...

This paper investigates the process of trade integration between the enlarged European Union and the Newly Independent States (NIS), focusing on the new EU member states (NMS) and selected NIS (Russia, Ukraine, Belarus, Moldova and Kazakhstan). The paper analyses the evolution of the regional...

China's need for vast amounts of minerals to sustain its high economic growth rate has led Chinese investors to acquire stakes in natural resource companies, extend loans to mining and petroleum investors, and write long-term procurement contracts for oil and minerals in Africa, Latin America,...

Más allá de las políticas aperturistas y del reconocimiento otorgado a una economía mundial ampliamente globalizada, es evidente que el gran reto de internacionalización de las economías y sus empresas pasa por decisiones acertadas en materia de cambio estructural en su producción y por...

Economic relations between Germany and China have developed exceptionally well over the past few decades. China has grown to become one of Germany's key trading partners and may even become the second-largest trading partner after France in the coming year. And yet China's focus is increasingly...

This paper draws on recent field work within South Asia and an extensive review of secondary data to examine the dynamics of cross border trade and investment in South Asia, exploring the potential for, and obstacles to, such trade through the lens of a sector that is salient throughout South...

Intra-regional trade and investment among the ASEAN+3 countriesand the entire East Asiahas been progressing at a robust pace over the past 25 years. The process of economic integration could be aptly described as regionalization or marketdriven integration. In contrast, the European Union has...