The aim of this study is to provide a succinct description of the specialisation model of four economies on the southern shores of the Mediterranean (Algeria, Egypt, Morocco and Tunisia) and its recent evolution, concentrating in particular on the merchandise trade. The analysis shows, according...

This paper extends the 'expanding-varieties' growth model in a two-countries-two-goods setup, and describes the dynamics of growth rates and terms of trade when the industry-based economy is the innovation leader, while the tourism-based economy is the follower (i.e. increases the number of...

This paper extends the ’expanding-varieties’ growth model in a two-countries-two-goods setup, and describes the dynamics of growth rates and terms of trade when the industry-based economy is the innovation leader, while the tourism-based economy is the follower (i.e. increases the number of...

From 1980-2009 the Polish economy experienced structural dislocation. The growth and success of the Solidarity movement represented the shift in manufacturing from Soviet bloc trade to membership in the European Union. This paper examines four independent metrics that measure the changing...

The paper deals with some aspects of foreign trade impact of EU's custom union accession of Slovakia. It issues from the Jacob Viner's hypothesis on trade creation and trade diversion, and proves this hypothesis through chosen instrumentarium. Analysis leads to conclusion that due to gradual...