Globalization disrupted the seemingly solid construction emerged in the aftermath of WW II, called the international trade system. For over fifty years, the system grew constantly thanks to the increasing number of countries that joint it as well as to its ubiquitously-accepted rules. For better...

In this paper, I discuss the effects of certain trade policy measures, mostly import tariffs, presently contemplated by the US government, aimed at enhancing domestic employment in a number of targeted industries. I intend to show that insofar as such measures restrain free trade among NAFTA...

This paper is intended to examine, without empirical evidence, the way industries in Central and Eastern Europe are heading toward convergence of knowledge-intensive sectors. Emboldened by European Union’s commitment to become the world’s most competitive entity, industries in the new member...

In the course of the last twenty odd years, Central and East-European economies have been striving to reform an inherited flawed trade structure, in an attempt to increase their industrial competitiveness and improve their position within the international division of labor. The respective...

This paper deals with the process of industrial development that has been unfolding in Central and East-European Countries during the last two decades, with special focus on changes in international specialization induced by successive shifts in comparative advantage. As it was to be expected,...

The contemporary industrial configuration centered on intra-firm trade and cross border commodity chains has made comparative advantage look like a rusty concept. Prior to globalization, shifts in comparative advantage would occur mainly across industries, causing clear-cut changes in...

This paper rests on the fundamental assumption that, not only manufacturing matters but performance in manufacturing is critical for nations` economic development and welfare increase. Globalization has made these aspects conspicuous. As it was to be expected, advances in competitiveness have...