The study provides the Ministry of Finance (MOF) of the Government of Vietnam with quantitative tools to carry out industry-level assessments of tariff and subsidy reforms that will both support the country’s WTO accession negotiations and provide needed capacity for analyzing alternative...

The study examines the empirical evidence and options for decoupling Asia from the US and EU markets. First, it demonstrates that the strong linkages both within Asia and between Asia and the United States and Europe have not waned in the last 25 years, though the transmission channels have...

In this paper we investigate the different nuances of India’s capital account management through empirical analyses as well as descriptive discussions. In particular we study the evolution of the capital control regime in India since 1991, and explore the rationale behind liberalizing certain...

This article offers a systematic and pragmatic approach to Eurasian integration. It assumes that integration is not an objective, but an essential means to resolve the pressing problems of all countries involved, with economic modernization as the key challenge. Pragmatic Eurasianism is aimed at...

Openness to global market is the only way for a small scale national economy to survive and develop. Therefore, Republic of Macedonia immediately after the independence, declared its international trading system as fully liberal and open, articulated by membership in many important international...

The study aims to calculate Egypt’s real effective exchange rate at both the bilateral and multilateral levels, estimates the effect of real cross-rate movements on trade in goods and services and on foreign direct investment, and determines the fundamental equilibrium exchange rate for...

This study aimed to estimate the determinants of intra-trade of Muslim's countries - members of the Organization of the Islamic Conference - during the period (1970 -2006), using recent econometric techniques for the panel data. In introduction, the study examined the religious, historical and...

This paper examines the influence of monetary shocks in China on the U.S. economy over ‎‎1996-2012. The influence on the U.S. is through the sheer scale of China’s growth through ‎effects in demand for imports, particularly that of commodities. China’s growth influences ‎world...

This paper develops variants of the model suggested by Glick and Rogoff (1996) and VAR models to analyze short term effects of the main determinants for the current account in Costa Rica. Empirical evidence suggests that, lagged investment, government’s primary surplus, terms of trade,...

Economic, cultural, social, psychological, political, administrative and religious effects of corruption are manifested by functional, political and moral degradation of local public authorities, which is a result of the expansion of political corruption, by reducing the transparent and...