Several econometrical recent studies carried on international comparison data puts into question the opinion according to which education as a human capital indicator would encourage growth. This result comes in a context of opening to the outside. The evaluations are made on data of dynamic...

In Korea, trade with Japan has had a deficit since the normalization of Japan-Korea diplomatic relations in 1965. Korea’s trade balance with Japan has remained in deficit since then, although Korean companies have become bigger compared to Japanese companies. My hypothesis is that the...

This paper aims to evaluate the macroeconomic performance of some chosen countries in the period 1997-2012 using the four variables that compose the “magic square†diagram suggested by Nicholas Kaldor (1971). In order to avoid problems with the variables’ scale, the standardized...

Unconventional resources of crude oil and natural gas – shale energy – increased significantly in the US in the early 2000s, triggered by the strong rise in the price of crude oil and technical advances in production. The US is a clear forerunner in the production of shale energy,...

Using a large panel of UK manufacturing firms over the period 2000–9, we consider how firms responded during the most recent financial crisis, estimating models for export market participation decisions and firm growth and survival. The results indicate that financial variables are highly...

The Indo-Lanka Free Trade Agreement (ILFTA), which was signed in December 1998 at the highest political level, and its subsequent implementation in March 2000 marked an important milestone in India–Sri Lanka relations, and in trade relations in particular, as it concretized and paved the...

The India–Sri Lanka Free Trade Agreement (ISFTA) was signed between India and Sri Lanka in December 1998 and came into operation in March 2000. It is now 10 years since this FTA has been signed and during this period the bilateral trade between these two economies has reached new heights...

This paper explores structural shifts in the current account of India's balance of payments alongside the micro foundations from 1950 to 2008. Key structural features that emerge are the disappearance of twin deficits and the reversal of a unidirectional causality in the post-reform period from...

Relative to their economic sizes, structures and linkages, the bilateral relationship between Canada and India is too small. Trade and foreign direct investment (FDI) flows are gradually increasing within such sectors as finance, energy, power and environmental services, agriculture and...

Literature on international trade has been inconclusive on the matter of exchange rate and its impact on trade. The article finds that for a panel of regions, during the period 1980–2010, the imports in all countries respond to changes in real exchange rate, as predicted in theory....