the causal connection between lack of exposure to commercial trade and proclivity to sudden stops. On the theoretical … front, the paper shows how exposure to trade raises the creditworthiness of countries and reduces the probability of sudden … trade increases the likelihood of default. A sudden stop takes place when the borrowers reject the amount that lenders want …

Openness to trade is one factor that has been identified as determining whether a country is prone to sudden stops in … problem that trade is endogenous. Using the gravity instrument for trade openness, which is constructed from geographical … determinants of bilateral trade, this paper finds that openness indeed makes countries less vulnerable, both to severe sudden stops …

We investigate the effect of trade integration on interstate military conflict. Our empirical analysis, based on a … large panel data set of 243,225 country-pair observations from 1950 to 2000, confirms that an increase in bilateral trade … interdependence significantly promotes peace. It also suggests that the peace-promotion effect of bilateral trade integration is …

for adverse effects of regulatory heterogeneity on intra-EU trade in the pre-harmonization period, which questions the …

This paper aims to identify the bilateral trade possibilities and non-tariff barriers between India and Pakistan. The … study shows that there is a large untapped trade potential between the two countries. Using the potential trade approach … categories, namely, quantitative restrictions, trade facilitation and customs procedures, technical barriers to trade and …

dynamics of cross border trade and investment in South Asia, exploring the potential for, and obstacles to, such trade through …-based, not very diverse, relatively high cost), and high trade costs exacerbated by complicated rules of origin, frustrating … trade facilitation reforms. India, in its current role as SAARC Chair should take a leading role in facilitating these …

Energy plays a vital role in the development of any economy and given its unequal distribution trade in energy …, especially fossil fuels, is an important component of international trade. In the past, due to its public good characteristics … significant transformation. Many new services developed and large multinationals emerged which increased global trade in energy …