This paper employs the WITS-SMART simulation model to examine the welfare effects of economic integration in the TFTA region. The results indicate that welfare gains are skewed, and some countries and economic sectors are poised to gain more than…
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…
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…
Effective risk management is a prerequisite to find an acceptable balance between the objectives of a customs operation and the streamlined flow of goods. The customs operations in many developing countries are characterised by high levels of…