This paper attempts to assess the discriminatory impact that the Trans-Pacific Partnership (TPP) agreement could have on the EU economy. It gives robust evidence that the discriminatory impact will be dramatic if the TPP is successful in reducing or abolishing “behind the border” barriers...

We are interested in whether Preferential Trade Agreements facilitate attainment of Global Free Trade. Using a numerical general equilibrium model based on global trade data aggregated to 5 regions and 12 goods, we calculate the optimal tariffs in a Nash tariff-setting game when regions are free...

With free trade areas (FTAs) under negotiation between Japan and the ASEAN Free Trade Area (AFTA) members and between the Republic of Korea and AFTA members, preferential market access will become more important in Asian regionalism. Protectionist pressures will likely increase through rules of...

International economic integration has been a central policy goal for the Vietnam government since the doi moi reform was initiated in 1986. We explore the Vietnamese increasing integration into the world market and bouts of high inflation. Five price transmission models using three levels of...

This paper explores the poverty impact of Vietnam’s trade liberalisation over the 1990s and asks how well they could have been predicted from prior data. We identify policy changes and their major effects on trade and prices. We then seek the effects of these changes in a panel comprising...

According to the conventional home-market effect, free trade tends to shrink the market share for a small economy in differentiated manufacturing goods, and in the extreme leads to a complete hollowing-out of the industry in a small economy. This paper considers the technology difference between...

This paper illustrates the main trends in international trade in services during the last two decades of the last century, focusing particularly on developing and transition countries. The Introduction briefly exposes some of the shortcomings and methodological problems affecting statistics on...

Preferential trade agreements could lead to a reallocation of resources across sectors and countries. Production patterns resulting from North-North regional integration initiatives have been documented in several studies. However, empirical evidence on South-South trade agreements is limited....

The paper aims to show the uneven process of integration of Polish manufacturing into the Single Market due to differentiational changes in competitiveness across industries (third digit level of NACE Rev. 1.1 classification) in 1996-2001. It starts with a discussion on the nature and...

East Asia has rapidly become the third centre of gravity for global economic activity. North America is relatively well integrated with East Asia, but Europe is not. This paper explores the extent to which economic growth and trade poli - cy developments over the next decade will strengthen...