FDI may affect the supply of productive resources including (financial capital, equipment and machinery, technology, management and etc.). FDI creates employment where unemployment and underemployment rate is high and thus increases the income of the workers. As a result an additional savings to...

This Paper investigates the comparative advantage of India & China and how this has changed over the period of 2002-2012. Comparative advantage has been tested using Revealed comparative Advantage (RCA). Export Products are analyzed based on Standard International Trade Classification (SITC)...

Evolving of trade specialization is usually a longlasting process resulting from deep structural changes of an economy. In some cases external stimuli such as broader market that resulted from trade liberalization could contribute to a rapid changing of a country’s trade pattern. Although...

The competitive ability of the processing industry in the SR occurs most often in classical types of production characterised by lower level of added value. Commodities with a low added value participate in worsening the balance of trade of the SR. The high export demand of industrial production...

Evolving of trade specialization is usually a longlasting process resulting from deep structural changes of an economy. In some cases external stimuli such as broader market that resulted from trade liberalization could contribute to a rapid changing of a country's trade pattern. Although trade...

This paper focuses on finding out the leading sectors with high potential to maintain and consolidate the comparative and competitive advantages of the Romania’s exports and analyses the change in the pattern of Romanian export specialisation by estimatin

Many empirical studies find little evidence to support trade linkages as a channel for crisis spillovers during the 2008–09 global financial crisis, although trade linkages were one of the most important crisis transmission channels during 1971–97. A reason that may explain why trade...

We study the collapse of international trade flows during the global financial crisis using detailed data on monthly US imports. We show that credit conditions were an important channel through which the crisis affected trade volumes, by exploiting the variation in the cost of capital across...

La crise financière a durablement transformé l’environnement économique mondial et stimulé de nombreuses études sur ses causes et ses canaux de transmission, qui ont été présentées lors d’une conférence organisée par la Banque de France, PSE et le FMI.

India, Brazil, and South Africa (IBSA) derive from worlds three continents, which together share 20 percent of world population and 10 percent of world surface area and contribute 4 percent of world GDP and 2 percent of world trade. This paper finds that one of the strongest barriers to trade at...