This study focuses on the implications of current account deficit upon the external debt increase in Romania, revealing higher risks for the sustainability of its international financial position. Considering the trade deficit as a main cause of current account balance deterioration, several...

The paper presents an extended version of the fundamental equilibrium exchange rate model (FFER). By introducing potential output into the specification of the foreign trade equations of the partial equilibrium FEER model we show that, under some plausible assumptions, the calculated level of...

This study attempts to examine empirically dynamic causal relationships between carbon emissions, energy consumption, income, and foreign trade in the case of Turkey using the time series data for the period 1960-2005. This research tests the interrelationship between the variables using the...

The amelioration of the local government efficiency in Romania as prerequisite of economy’s sustainable growth largely depends on increasing exports and improving the business environment at regional and local level, factors that can help reducing the development gap. For Romania, several...

Two acquisition bids by foreign state-owned enterprises (SOEs) for Canadian resource companies have raised an array of concerns about their potential impact, ranging from worries about national security and governance standards to reciprocal access to markets. While Ottawa’s current screening...

This paper examines the role of market coordination and market distortions caused by a hypothetical FMD outbreak in the Finnish pig sector. By using stochastic dynamic programming, it simulates the consequences of two outbreak scenarios (large vs. small) under two distinct market regimes...

This study examined the interdependency between Chinese agricultural and industrial sectors. A dual economic model was developed to investigate the relationship between the two sectors and factors affecting Chinese economic development. The study reveals traditional inputs, such as labor, are...

Most estimates of Indian manufacturing productivity find a slowdown in the 1990s. This has puzzled analysts, given that 1990s reforms were deeper and wider than the 1980s reforms that raised the growth rate of the Indian economy by 2 per cent points. This paper tests the hypothesis of the J...

Purpose – In 2008, a bill was introduced in the 110th Congress (HR6415) to address the “unintended consequences” of US free trade agreements (US FTA) on manufacturers operating in US foreign trade zones (FTZs). Presently, US manufacturers operating in FTZs that use imported components pay...

В статье рассматривается современное состояние развития внешнеэкономических связей России, влияние мирового финансового кризиса на показатели внешней...