Improved living conditions in Africa would lessen migratory pressure on Europe. The scope of Germany‘s "Marshall Plan with Africa" is too narrow; progress can only be made if Europe works together. A financial system that reaches as many people as possible could be one key to future...

High-flying illusions on the part of the proponents and grim predictions of the sceptics characterize the controversy about Brexit. The article analyses five issues at stake for the Post-Brexit relationships between Britain, the EU and Africa with a focus on the Commonwealth Sub-Saharan Africa:...

This paper investigates the link between foreign aid and exports between the two shores of the Mediterranean. The main hypothesis is that the Euro-Mediterranean Process should promote not only trade but also stronger links between the European Union (EU) and the Middle East and North Africa...

This companion paper to Chatelain and Ralf (2012), 'Spurious regressions with near-multicollinearity' put their results into the contexts of the history of statistics, of the current publication bias in applied sciences and of the substantive versus statistical significance debate. This article...

The Political Dialogue and Cooperation Agreement (PDCA) between the E.U. and Cuba was an important change in the way that the E.U. sought to engage with developing states. PDCA remains an important milestone for European foreign policy. It has become the template for European engagement with...

The present article investigates empirically whether non-reciprocal trade preferences (NRTPs) offered by QUAD countries (Canada, the European Union, Japan, and the United States) to developing countries have helped to promote economic growth in the beneficiary countries. Two main blocks of NRTPs...

While recent preferential trade agreements (PTAs) cover an increasingly broad range of policy areas beyond their traditional competence for reducing bilateral tariffs, little is known about the implications of this new emphasis on interactions with other trade-related policy measures. We...

We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...

In the past few years, the volumes of Russia's aid to foreign states remained high. Also, substantial growth was observed in the share of the bilateral development aid (when the aid is channeled directly to the recipient) as compared to the multilateral aid (when it is provided through...

A major shortcoming of the theoretical literature on international transfers is that it is not at all clear whether the welfare results obtained are consistent with transfers flowing from rich to poor nations. This is because economists hardly ever model the difference in wealth between the...