International trade has been incorporating various aspects of environmental issues since 1970. The extent to which environmental problems might affect many facets of trade, or vice versa, has been the subject of considerable debate over these years. In this article we have attempted to establish some of the links between international trade and environmental quality by performing a comprehensiv...

This paper critically examines the trade and technology theories which dominate the large and growing literature on the determinants of changes in income inequality in advanced industrial countries during the 1980s and 1990s. Both theories, despite their rather different approaches to the subject are shown to have a common premise: advanced countries have experienced a fall in the relative dema...

Recent trade data exhibit the following four empirical regularities: (i) countries import only a small fraction of all traded varieties (ii) per capita income and the number of imported varieties correlate positively (iii) per capita income and trade shares correlate positively and, finally, (iv) world trade shares have increased substantially. The present paper argues that standard theories fa...

Disclaimer Any opinions expressed here are those of the author(s) and not those of the IIIS. All works posted here are owned and copyrighted by the author(s). Papers may only be downloaded for personal use only. Abstract: We investigate the volatility structure of gold, trading as a futures contract on the Chicago Board of Trade (CBOT) using intraday (high frequency) data from January 1999 to D...

Johnson, Karlee, "Growing pains: scale and mission in the fair trade textile sector" (2013). ABSTRACT This thesis examines the recent incorporation of factory production into fair trade textile production via a new fair trade certification program called the Apparel and Linens Program, launched by FairTrade USA. I argue that this expansion in the scale of production results in a dilution of fai...

the article depicts the situation before cold war in which developing countries (dcs) and least developed countries (ldcs) found themselves big loser, as they were deprived from participation in trade negotiation process, leading into establishment of gatt . therefore, they resorted to unctad  as the sole defender of their interests against developed countries in trade negotiations. unctad has ...

We show that a gravity model explains international transactions in "nancial assets at least as well as goods trade transactions. Our results support the hypothesis that informational asymmetries are responsible for the strong negative relationship between asset trade and distance. This result is very important for theories of asset trade, portfolio adjustments and home bias. We strengthen it b...

Classical theories of financialmarkets assume an infinitely liquidmarket and that all traders act as price takers. This theory is a good approximation for highly liquid stocks, although even there it does not apply well for large traders or for modelling transaction costs. We extend the classical approach by formulating a new model that takes into account illiquidities. Our approach hypothesize...