India has recently attracted considerable new interest as a trade partner both as part of increased focus on the Indo-Pacific as a region and as a diversification play for global value chain sourcing and production and is being actively courted by many of Canada’s trading partners, including...

Canadian business and political leaders have long looked to strengthen bilateral economic relations with the ASEAN Economic Community based on its openness to trade, its dynamism and its integration into Asian production chains. Given the shift from an Asia-Pacific to an Indo-Pacific framing for...

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English Abstract: Following U.S. House Speaker Nancy Pelosi’s visit to Taiwan, Mainland China took action to impose ecomomic sanctions on Taiwan. This study applies the global CGE model to simulate the following scenarios of the economic sanctions: S1) the reality scenario: Mainland China’s...

English Abstract: The outbreak of the Russia-Ukraine war is posing challenges to global food security, disrupting local food production and global trade. This study uses CGE model to simulate the impact of the Russia-Ukraine war on global food security, with the particular focus on the impact on...

English Abstract: Economic warfare has increasingly been used as a strategic measure in response to geopolitical-economic conflicts. Russia’s war on Ukraine has prompted unprecedented Western sanctions on Russia, targeting Russia’s trade, pillar industries, individuals and financial sectors....

The Russia-Ukraine war and the following sanctions on Russia have disturbed the global supply and trade of energy, leading to a short-term spike in prices and a long-term change in the global supply-demand relations. The crisis has also posed the challenges to energy security for those nations...

The possibility of a Canada-China Free Trade Agreement has been under discussion for some time. China has reportedly offered to negotiate an FTA with Canada, although this has not been officially confirmed by the Canadian Government. A tentative step towards a negotiation was taken in the 2012...

This study assesses the potential gains from unilateral trade liberalization for the UK, against the background of a hard Brexit in which a hard border and tariff wall is erected between the UK and the European Union. Unilateral trade liberalization would allow the UK to expeditiously offset at...

The Trump administration's swift exit from the TPP has clearly not killed the deal as the remaining signatories consider whether to move ahead without the United States. While the overall impact of the deal would be lower without the U.S., the 11 remaining countries are better off with a TPP11...