This paper employs an Autoregressive Distributed Lag (ARDL) approach to examine the long-run and short-run determinants of the real effective exchange rate in fifteen Sub-Saharan African (SSA) countries using annual data spanning from 1980 to 2015.…
The emergence of China in the international trading system has shifted its gravity center, as the country has become one of the mayor actors in international economic relations. Through the subscription of preferential agreements, China is building…
This book explores the ways to 'rethink', 'repackage' and 'rescue' world trade law in the post-COVID-19 era. Using the COVID-19 pandemic as an important context, the book makes original and critical contributions to the growing debate over a range…
The experience to date in the WTO suggests that the plurilingual nature of the WTO Agreements does not make treaty interpretation significantly more difficult than it would be with a text authentic in one language only. The terms of a plurilingual…
This chapter highlights the linkages between the climate crisis and trade negotiations in a dystopic post-WTO world. It argues that the window of opportunity to achieve an effective multilateral trade regime has closed and will be sealed shut by…
For years, the United Kingdom (UK) has been one of the top export destinations for Mauritius. The Brexit referendum, held in June 2016, not only affected the UK economy but also resulted in several economic repercussions worldwide, including…
Note: All views or omissions are author's own. This paper is solely for academic exchange purposes, and it does not reflect or suggest WTO's view on this or any other matter at all.
In the past few months, we have witnessed the “worst deal” in the…
Trade openness remains one of the key drivers of exchange rate fluctuations in both the long-run and short-run. The relationship between trade openness and exchange rate has long been explained in many theoretical and empirical studies. Nevertheless…