The balance-of-payments (BOP)-constrained growth rate is the maximum gross domestic product (GDP) growth rate above which unsustainable current account deficits emerge, forcing policymakers to implement contractionary measures that ultimately reduce…
The main idea of this paper is that the China (Shanghai) Pilot Free Trade Zone should proactively align with international high - standard investment facilitation rules (especially the WTO Agreement on Investment Facilitation, the Comprehensive and…
Recent research on international trade suggests that economic development and growth occur as countries gain knowledge and learn to produce and export more sophisticated products. This study examines the effect of trade facilitation on economic…
This report evaluates the impact of the Sino-Swiss Free Trade Agreement (SSFTA) through an in-depth analysis of its utilization rates and trade deficits. Part II focuses on the methodology for calculating SSFTA utilization, refined by Chinese and…
This paper examines whether government spending and governance have a nonlinear relationship with economic growth. The study determines the threshold effect of the institutional quality on the relationship between public expenditure and economic…
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…