This paper examines the role of the international market in mediating North-South relations and analyzes how the market works in distributing V the gains from trade. It is argued that the international market does not always provide an adequate engine of growth for the South if that region...

We estimate a gravity model to address the question of whether Africa`s bilateral trade with industrial countries is quot;unusualquot; compared with other developing country regions. Our main finding is that the unusually low level of African trade is explained by economic size, geographical...

Do comprehensive trade agreements increase the participation of States in global value chains (GVCs) and contribute to their development? Although there is extensive evidence in the trade literature that deep preferential trade agreements (PTAs) can increase States’ bilateral export of final...

This paper examines the role of the international market in mediating North-South relations and analyzes how the market works in distributing the gains from trade. It is argued that the international market does not always provide an adequate engine of growth for the South if that region...