This note develops estimates of the trade-related costs of an exit by the United Kingdom from the European Union and compares these to the potential benefits of the alternative trade policies to which a fully independent UK would have access. An exit scenario that re-sets the UK's relationship...

This article reviews the key industrial policy issue areas under negotiation in the mega-free trade agreements and evaluates the likely developments flowing from these agreements in terms of their impact on the international trading system. Based on this review, it discusses the likely future...

This paper develops a new version of the GTAP database in which Canada is replaced by its provinces in order to allow the analysis of international trade agreements at a subnational level. The methodology in effect treats the individual provinces as separate trading entities, much like the...

Small enterprises are underrepresented in international trade, and have not traditionally been the focus of trade negotiations. However, Internet technology is changing the conditions for international trade, decreasing the negative effect of distance and thereby enabling small enterprises to...

The English version of this paper can be found at 'http://ssrn.com/abstract=2805070' http://ssrn.com/abstract=2805070.Portuguese Abstract: Que impactos a convergência regulatória promovida pela TPP pode ter sobre os custos do comércio? Para analisar essa questão, os autores dedicam especial...

Since the conclusion of the TPP negotiations, a number of studies have been put in the public domain providing estimates of the likely impacts. The estimates vary by a very large magnitude, from negative impacts to major gains, which has raised questions about the methodologies being used to...

The Trans-Pacific Partnership (TPP) has generated a vigorous debate that features widely differing estimates of its economic impact and claims regarding its broader significance in terms of setting the rules for global trade and in terms of its geopolitical impact. This policy brief analyzes the...

Fragile by Design suggests a unifying explanation for systematic differences across countries in the domestic supply of credit and the susceptibility of banking systems to failure. The centrepiece is a theory of “The Game of Bank Bargains” (“the Game”), which is played between bankers,...

The possibility of a Canada-China free trade agreement (CCFTA) has been in the air for some time. Various overtures have been made and studies have demonstrated that there would be significant economic value to both countries from taking that step. This note elaborates on the value-added of a...

The Trans-Pacific Partnership (TPP) promises to have a modest impact on Canada, according to ground breaking research from the C.D. Howe Institute. In “Better in than Out? Canada and the Trans-Pacific Partnership,” authors Dan Ciuriak, Ali Dadkhah, and Jingliang Xiao, find that some sectors...