The aim of the article is to draw an overview of the Trans-Pacific Partnership Agreement (TPP), analyzing its formation and the main issues that will probably be part of the future agreement, and evaluating the perspectives for its conclusion and possible impacts, with special focus upon...

Trade liberalization of the agri-food sector is a sensitive topic in both Transatlantic Trade and Investment Partnership (TTIP) and Trans-Pacific Partnership (TPP) discussions. Using a general equilibrium model, we assess the potential impact of these agreements. The US agri-food sectors would...

Two issues stand out in this conversation. The first concerns the unfinished business of the global fight against the scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic performance - affordable and efficient public...

To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...

Globally, healthcare is a key sector for the overall well-being of a country and its population. By 2030, at least 60 percent of the global population will be living in Asia, and one in four will be over 60 years of age. As the COVID-19 pandemic highlighted the importance of the sector, it also...

In this paper, we provide evidence of frictions associated with trade in goods and services among Canadian provinces. We examine empirical relationships between sector- and industry-level trade flows and trading frictions associated with intra-provincial trade, inter-provincial trade, and...

This paper shows how distance may be used to coordinate on a unique equilibrium in which trade agreements are regional. Trade agreement formation is modeled as coalition formation. In a standard trade model with no distance between countries, a familiar problem of coordination failure arises...

Current trade policies of European Union and United States stresses establishing free trade arrangements (FTAs) with partners all over the world with special emphasis to developing countries. Besides geo-political aspects, the most important motivation include improvement in foreign market...

In recent years the bipolar multilateral trading system of the post-war years has given way to a multipolar alternative. Although many specifics have yet to be determined, some contours of this new trade policy landscape are coming into focus and in this short essay I examine their implications...

The European Union is the world's largest trader, a fact that on the face of it ought to convert into considerable clout in international commercial negotiations. Yet, since the World Trade Organization's (WTO's) creation in 1995, it is difficult to point to a string of successes for the...