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Recently, there has been a significant increase in the number of international trade companies in the Kurdistan Region. This is crucial evidence that the Kurdistan Region can influence the world economy and politics. The economic integration between the Kurdistan Region and Eurozone countries is...
Persistent link: https://www.econbiz.de/10015213313
Algeria has joined the African Continental Free Trade Area (AFCFTA), one of the largest common markets in the world. The aim of this paper is to examine the obstacles facing its economy and preventing it from benefiting from these advantages. It also highlights the measures that Algeria can take...
Persistent link: https://www.econbiz.de/10015213702
Using a simple duopolistic trade model with demand uncertainty and an identical traded product, we show that we can view trade in goods as implicit exports/imports of risk and risk aversion. Specifically, we show that a relatively “risk-aversion abundant” country is more likely to be a net...
Persistent link: https://www.econbiz.de/10015213817
Currency union is viewed as a panacea for struggling economies with West Africa in their quest to adopt a common currency. However, despite the rattling efforts and measures laid down, the policy seems unrealistic and deemed to fail. The study empirically evaluates whether adopting a common...
Persistent link: https://www.econbiz.de/10015215051
The post-World War II reconstruction of global trade and foreign direct investment (FDI) has been a significant topic of discussion in the analyses of numerous bilateral economic relations, including those that are located in Asia Pacific. Since the reconstruction, Multinational Enterprises...
Persistent link: https://www.econbiz.de/10015215084
Some economists worry about the ‘spaghetti bowl phenomenon’ expected from proliferating regional trade agreements (RTAs). In particular, the complicated web of hub-and-spoke type of overlapping free trade agreements (FTAs) can result in high costs for verifying rules of origin (RoO) and...
Persistent link: https://www.econbiz.de/10015216249
This paper attempts to estimate the trade potential expected from the SADC FTA. Specifically, the study investigates what the Southern African countries stand to gain by way of increases in intra-regional trade if all trade barriers are removed. In order to assess the trade potential compared to...
Persistent link: https://www.econbiz.de/10015217358
The main objective of the following article is to present the key findings of the existent research in the field of the influence the introduction of the euro had on the trade of the member states of the Economic and Monetary Union (EMU). The intention of this article is also to inspire further...
Persistent link: https://www.econbiz.de/10015218273
This paper is a discussion of the economic geography of Australia. It provides a history of foreign investment in mining, and discusses several resources booms that shaped the landscape of the continent and the role of governments (state, federal and territory governments) in this process. The...
Persistent link: https://www.econbiz.de/10015218350
South Korea has had a continuous engagement with significant trade, investment and security matters simultaneously in its relations with other nations. South Korea’s bilateralism with China is a part of a larger milieu which China has been constructing, that includes the Belt and Road...
Persistent link: https://www.econbiz.de/10015218406