In early 2013 rumors about the Euro-appreciation gained momentum, which may lead to decreases in exports and increases in imports of the member states. Therefore, we investigate the impact of changes in the nominal Euro exchange rate vis-à-vis major currencies on export and import performance of nine different Euro-area-countries. To disentangle the “true” equilibrium elasticities SURE system e...

The purpose of this paper is to investigate changes of China’s agri-food exports to Germany caused by China’s accession to WTO and the global financial crisis in a quantitative way. The paper aims to detect structural breaks and compare differences before and after the change points. The structural breaks detection procedures in this paper can be applied to find out two different types of chang...

Using micro data for Belgium we investigate the relationship between occupational tasks changes and the rise of service trade. We focus the analysis on the extensive margin and look at the heterogeneous proliferation of firms involved in exports and imports of services across sectors characterized by different tasks changes patterns. Occupational tasks changes display an extremely consistent re...

The disappointing economic performance of Sub-Saharan African (SSA) economies in the late 1980s prompted economic-wide policy reforms in the early 1990s. The primary objectives of these institutional and structural changes were to promote trade and export activities, enhance foreign direct investment (FDI) inflows, and ease foreign access to SSA markets particularly for large multinational ente...

Print Send to friend Building on its past success, how can Chile now move forward into the ranks of the high-income countries? In this guest article, Professor Jeffrey D. Sachs looks at the challenges and at some of the policy shifts that may be required. During the last few decades, the Latin American region as a whole has achieved little economic growth, attaining an average real income per c...

Competing theories argue, respectively, that more trade reduces, increases, or does not affect interstate military conflict. We offer a new general theory on how trade affects conflict, which encompasses the liberal logic and the neo-Marxist/neo-mercantilist mechanism of asymmetric dependence and offers alternative explanations to the effects predicted by the bargaining and classical realist ap...

The growth of China’s textile industry has been one of the dominant factors shaping world cotton and textile markets in recent years. Since China’s accession to the World Trade Organization (WTO) in December 2001, China’s textile and apparel (T&A) exports have grown by more than 40 percent and China’s cotton consumption has grown by 34 percent. By the end of 2003, China had nearly doubled its s...

Unregulated commercial harvest remains a major threat for turtles across the globe. Due to continuing demand from Asian markets, a significant number of turtles are exported from the United States of America (US). Beginning in 2007, several southeastern states in the US implemented restrictions on the commercial harvest of turtles, in order to address the unsustainable take. We have summarized ...