This research paper explores the dynamic relationship between trade openness, financial development, and economic growth in Lesotho. The study utilizes quarterly time series data spanning from 1970 to 2021, obtained from the Central Bank of Lesotho…
Government subsidies have been used as a policy tool by many countries. Given the importance of government subsidies in the context of Chinese economy and state-owned enterprises (SOEs), this study seeks to understand the role played by government…
Rising geopolitical and geoeconomic tensions among major trade powers are undermining the rules-based multilateral trade order. China, the EU, and the US – the three WTO members with the largest global trade shares – play a critical role in keeping…
The Centre for World Trade Studies (CWTS) UGM has been working on a joint-study with Indonesian Coordinating Ministry of Economy which presents a review on Indonesia-Bangladesh Bilateral Trade and Economic Affairs. Both countries have agreed to…
This research is also a collaboration between the Centre for World Trade Studies UGM and NPPA. It analyzes the impact of opening public procurement market access (GPA) in WTO, IJEPA (Indonesia-Japan Economic Partnership Agreement) and IEU CEPA (…