Trade barriers and poor infrastructure play an important role in limiting trade integration in Latin America and the Caribbean (LAC). Closing half of the infrastructure gap between LAC and advanced economies could lift exports by 30 percent. Reducing import tariffs could boost LAC's trade, but...

Using detailed global trade and novel Multi-Region Input-Output (MRIO) data, this paper examines the East African Community’s (EAC) global and regional integration through trade, global, and regional value chains (GVCs and RVCs). With surgical attention to detail, the first part of the paper...

On 16 September 2023, Burkina Faso, Mali and Niger - all three states led by military regimes - decided to establish a new regional organisation, the Alliance of Sahel States (Alliance des Etats du Sahel - AES). This move was prompted by the worsening of the crisis within the Economic Community...

Now that the European Council has given the green light to opening EU accession negotiations with Ukraine and Moldova, it is clear that the Union is no longer simply showing symbolic solidarity with neighbours invaded or threatened by Russia. Rather, a new chapter of enlargement policy is...

Why is integration progressing successfully in some parts of the world but not in others? Why are only some integration blocks hugely important for member countries? And why this is not the case globally? This article provides a comparative analysis of international economic structures, aiming...

In this article, we study the effects of geopolitical risks and world uncertainty on time-varying fiscal and external sustainability coefficients. We use Schlicht’s (2021) methodology to estimate time-varying fiscal and external sustainability coefficients for the EU for 27 economies between...