On the day before Brazil was to start imposing retaliatory sanctions against the US in the WTO dispute settlement case regarding unfair domestic and export upland cotton subsidies, the parties have reached a preliminary concession aimed at settling this 8-year-long trade dispute. In this paper,...

type="main" xml:id="twec12110-abs-0001" <title type="main">Abstract</title> <p>On the day before Brazil was to start imposing retaliatory sanctions against the United States in the WTO dispute settlement case regarding unfair domestic and export upland cotton subsidies, the parties have reached a preliminary concession aimed...</p>

The ASEAN–China free trade agreement went into effect January 1, 2010 and became the world's third largest FTA by trade volume after the European Economic Area and the North American Free Trade Agreement. This paper focuses on highlighting the impacts of the reduction of barriers to trade on...

A global bilateral multi-region multi-sector foreign direct investment (FDI) stocks and flows database has been contributed to GTAP by Houssein Boumellassa, Christophe Gouel and David Laborde from CEPII (Centre d'Etudes Prospectives et d'Informations Internationales) as a result of a project...

Trade growth has slowed sharply since the global financial crisis. U.S. trade data highlights that arm's-length trade-trade between unaffiliated firms-accounts disproportionately for the overall post-crisis trade slowdown. This is partly because arm's-length trade depends more heavily than...

This paper explores the economic impacts of two related tracks of China's expected transformation-economic slowdown and rebalancing away from investment toward consumption-and estimates the spillovers for the rest of the world, with a special focus on Sub-Saharan African countries. The paper...

This paper analyzes the role of the United States in the global economy and examines the extent of global spillovers from changes in U.S. growth, monetary and fiscal policies, and uncertainty in its financial markets and economic policies. Developments in the U.S. economy, the world's largest,...

The paper examines the economic implications of Bulgaria and Romania recent accession to the EU. The analysis has been carried out by using the GTAP model and database. In a first attempt, the effects of the removal of formal trade barriers and the adoption of common external tariffs are...