The paper undertakes a preliminary economic analysis of the recently proposed East Asian Economic Community. The proposal envisages that the core of the Economic Community would include the ten member countries of the ASEAN free trade area (AFTA) and the three North-East Asian economies, namely,...

The developing countries currently enjoy preferential entry on designated exports of manufactures under the Canadian Scheme of Generalized Preferences introduced in 1974. This paper makes a quantitative assessment of the erosion of such preferential margins likely to result from current...

Highlights the important characteristics of current programmes of industrial adjustment in import‐competing industries in the OECD countries, with particular reference to the textiles, clothing, and footwear (TCF) sectors. Assesses the implications of investment subsidies to the TCF sectors...

This paper explores in quantitative terms the potential effects on trade flows as a result of Canadian tariff preferences in favor of the developing countries instituted in 1974. The paper develops a model of trade creation and trade diversion due to preferences based on imperfect substitution,...

Highlights the important characteristics of current programmes of industrial adjustment in import-competing industries in the OECD countries, with particular reference to the textiles, clothing, and footwear (TCF) sectors. Assesses the implications of investment subsidies to the TCF sectors for...

This paper investigates whether a J-curve can be detected in the time series data on China's bilateral trade with the G-7 countries. It utilizes cointegration and causality tests to ascertain the long-run relatedness, and the short-run dynamics, between the real exchange rate, national income,...