In this paper, I discuss the effects of certain trade policy measures, mostly import tariffs, presently contemplated by the US government, aimed at enhancing domestic employment in a number of targeted industries. I intend to show that insofar as such measures restrain free trade among NAFTA...

The underlining assumption of this paper is that developing countries are in a fragile state nowadays. Economically, they have been seriously harmed by the 2008 crisis1 but this is not the end of the story: the future still has pitfalls in which these economies might get trapped, due to their...

The topic of this article was inspired by a recent survey, carried out in several Western European countries, with the purpose of ascertaining the public’s expectations regarding the respective countries’ (and Europe’s) economic prospects for the first half of the 21st century. The...

Purpose – To highlight the key‐role of macroeconomic management in a dysfunctional emerging market economy. Design/methodology/approach – The analysis – focused on the particular case of Romania, where the transition to market economy is underway – relies on two basic hypotheses....