This paper explores the characteristics and trends of services trade from the perspective of domestic value added (DVA) and examines the impact of digital trade rules on it using bilateral sector‐level panel data among 64 economies from 1996 to 2018…
The global digital economy is witnessing the transformative impact of Artificial intelligence (AI), prompting nations to engage in AI-driven trade agreements. Under the digital trade context, these agreements aim to promote and regulate AI…
The Generalized System of Preferences (GSP) was established to promote the exports of developing economies to industrialized economies through non reciprocal trade preferences. This chapter investigates the effect of the GSP on
making trade work for…
According to the World Trade Organization (WTO, 2021), international trade—including the production and transportation of manufactured goods—accounts for 20 to 30 percent of global greenhouse gas (GHG) emissions. This study examines the relationship…
In recent years, the debate surrounding free trade versus protectionism has intensified, particularly as industrialized countries face increasing competition from emerging economies. This argument is of particular importance to Pakistan which faces…
The Lahore School of Economics macro model estimates that Pakistan's GDP growth for FY 2023-2024 is projected at 1.68%, reflecting ongoing weaknesses in sectoral performance, particularly in large-scale manufacturing, which barely broke even after a…
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…