The policy reforms initiated in India in the mid-1980s and expanded in 1991 helped support an expansion in India’s trade. Trade reforms since the mid-1990s have been piecemeal. This paper argues that without significant further reform and adoption of a focused trade strategy, the...

We explore the international spillovers from fiscal policy shocks via trade in Europe. A fiscal expansion stimulates domestic activity, which leads to more foreign exports and, hence, higher foreign output. To quantify this, we combine a panel VAR model in government spending, net taxes and GDP...

The Neighbourhood Policy wants to be a new approach by the EU towards the Mediterranean region. The focus is now on conditionality and offering a premium for countries implementing a comprehensive pack of economic and political reforms. In the economic domain, the offer to participate in the...

This paper addresses the problem of agency losses (agency shirking and agency slippage) in the process of power delegation in EU trade policy. The central question is whether a conflictual situation exists between the interests of the member states and those of the European Commission (agency...

A trade policy that is global in perspective and the lowering of trade costs are critical for Ukraine. Two regional trade agreements are at the center of attention in Ukraine. One is the Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU that Ukraine has, at least temporarily,...