historically, central asia and the caucasus has been the source of important developments in the regional and global level. the whole geopolitical theories in the 20th and 21st century paid special attention to this area. geopolitical status of the region has posed challenges for residents and even neighbors of the region. these challenges can be described as the divergence factors. therefore, ...

abstractthis paper examines the impasse in the current doha development round negotiations andasks how the rules of the wto could be changed to facilitate multilateral negotiations andto increase the welfare of the member countries. it considers possible changes to the methodof negotiation. as examples of rules which are outdated, it considers the rules relating toregional trade agreements and ...

the asia-pacific region generates over half of global economic activity (54.2%) and about 43.7% of global trade, and is the most dynamic region in the global economy. at the core of this is an increasingly dynamic, vibrant and entrepreneurial small-medium sized enterprise sector. advances in information and communications technology, market liberalisation and moves towards closer regional econo...

This paper deals with the investment effects of regional integration agreements and discusses how such arrangements may affect inward and outward foreign direct investment flows in the integrating region. After setting up a conceptual framework for the analysis, we provide three studies focusing on different kinds of regional integration: North-North integration (Canada joining CUSFTA), North-S...

Regional integration proposals often require agreements between countries that differ in geographic size, resource endowments, transportation assets, technologies, and product quality. In this asymmetric setting, questions arise about the potential for mutual gains and the distribution of benefits among industries and workers in each country. This paper examines how regional integration between...

This paper examines the relationship between regional economic integration and FDI in North America, where two RIAs have been established over the past decade: a bilateral free trade agreement between Canada and the U.S. (CUSTA) and a trilateral agreement (NAFTA) incorporating Mexico as well. The North American experiences suggest substantially more modest impacts of regional trade agreements o...