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…
Le 21 mars 2018, à Kigali, au Rwanda, une étape majeure dans le processus d'intégration économique de l'Afrique a été franchie avec la signature de l'Accord établissant la Zone de libre-échange continentale africaine (ZLECAf) par 44 pays africains.…
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…
When we proxy trade finance by the sum of trade finance loans and export-adjusted notes receivable, elasticity estimates range between 0.18-0.31 depending on the sample of exporters. These estimates are comparable to single and multi-instrument…
We consider two countries with initially one firm in each country and the possibility for each firm to invest in the other country or commercialize its products, and for workers to immigrate (Common Labor Market; CLM). Interestingly, when firms…
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…
Existing approaches to the analysis of countries economic integration processes in international practice are investigated in the paper. Evaluating methodology of the long-term integration processes in the electric power sector is offered for the…
Trade and sustainable development share a complex relationship. The economic benefits of trade make it easy to see how it can assist with the achievement of the economic-based SDGs. But beyond that, trade also impacts the social and environmental…
The growing importance of trade in services in the international economy motivates the study of different factors that may influence the development of this sector. This paper seeks to contribute to the scarce research on access to financing for the…
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…