The purpose of this paper is threefold. First, we review the mechanisms and determinants of vertical specialization (VS), as this has gradually become the dominant characteristic of international trade. Second, we underline that there is a rich literature regarding VS in EU trade, at aggregate...

The present paper has as main objective the analysis of the opportunities and development perspectives of the trade relationship between Romania and the Russian Federation, linked to the latest evolutions of the European and global economic context. Keeping in mind this objective, our paper is...

This paper aims to highlight some of the recent developments in global trade in services. It sets out three main objectives. Firstly, to analyse the increasing interdependence between global trade flows in goods and services against the background of rapid expansion of global production networks...

This paper aims to highlight some of the recent developments in global trade in services. It sets out three main objectives. Firstly, to analyse the increasing interdependence between global trade flows in goods and services against the background of rapid expansion of global production networks...