Trade, Transition Paths, and Sustainable Economies

Trade, Foreign Direct Investment and Growth: Evidence from Transition Economies

Using fixed effects panel data approach, this paper empirically examines the effects of trade and foreign direct investment (FDI) on growth in 13 transition economies of Central and Eastern Europe, and the Baltic region (CEEB). Our analysis suggests that significant positive effect of trade on growth is a robust result for transition economies of this region. In addition, domestic investment ap...

Sustainable ecological economies

A brief accounting is presented of the evolution of natural ecosystems and human cultures including industrialization and its ecologically-significant interactions with natural abiotic and biotic processes of the earth. These accounts show, among other things, that excess resource harvest rates and material releases into the natural environment have been ecological risks of growing scope and sc...

Frequency of trade and the determinacy of equilibrium paths: logarithmic economies of overlapping generations under certainty

Equilibrium paths in economies of overlapping generations depend on the frequency of trade. In a logarithmic example, determinacy obtains as the frequency of trades tends to infinity or trade occurs in continuous time. If time extends infinitely into the infinite past as well as into the infinite future, in continuous time, all non-stationary equilibrium paths of prices are time-shifts of a sin...

Trade and Sustainable Development

Contents 1. Introduction 2. Challenges of sustainability even under maximum cooperation 3. Erosion of social development policy in the rich countries and consequent distress 4. Guidance given by the Earth Summit and its rejection by the rich 5. Asymmetries and systemic biases in the trading system against weaker members 6. Rich country civil societies attack and undermine international intergov...

A Vision of Sustainable Economies