China, the EU and the United States are the world’s largest traders, and many of the tensions in the trading system arise in the relations among them. Our premise is that reforming WTO is a necessary condition for the organization to be a more…
Abstract: After lengthy and tough negotiations, China became a member of the World Trade Organization (WTO) in 2001, which is widely considered as a landmark economic event in modern world history. The WTO accession marked a milestone of China’s…
This paper examines the impact of trade facilitation factors on trade flows, with a particular focus on Global Value Chains (GVCs) in the agricultural and manufacturing sectors. Using the structural gravity model of international and intra-national…
This paper analyzes the link between joining global value chains (GVCs) and firms’ environmental performance. Based on new survey data for firms in countries in Central Asia, Eastern Europe, and MENA, we use propensity score matching (PSM) to…
Executive Summary
Mauritius had its first three COVID-19 cases on 18 March 2020 and the island was under "sanitary" lockdown for two weeks. From 24 to 31 March, the country went under complete lockdown with only essential services being…
This chapter analyses the impact of the internet on global value chains (GVCs) in Africa. We investigate the effect of internet adoption on forward participation and backward participation of African countries in GVCs. We conduct the estimations…
The short article provides a review of the Economy for the year 2019-2020 and also discusses the challenges ahead
This paper explores the Tunisian experience of exports diversification and the role played by industrial policies. It describes the general trends and the dynamics of diversification using a very disaggregated data set on exports for the period 1995…
The controversy whether the “fear of floating” or the “fear of capital mobility” determines a country’s foreign reserve holdings is an ongoing research debate. This issue remains unresolved in global economic and finance studies. This study has the…