background negotiations surrounding the trans-pacific partnership (tpp) trade and investment agreement have recently concluded. although trade and investment agreements, part of a broader shift to global economic integration, have been argued to be vital to improved economic growth, health, and general welfare, these agreements have increasingly come under scrutiny for their direct and indirect...

The few existing empirical studies of U.S.-Japan trade agreements have relied primarily on descriptive statistics or univariate time series methods. We conduct a more powerful test by evaluating agreements in the context of well-specified econometric models. Consistent with trade theory, import demand is modeled as a cointegrating relationship with income and relative price variables, where a t...

many researchers and authorities in the field of international relations agree on the issue that one of the factors to make relations between and among governments in through traders and exchanging goods among people of different lands, and as human societies develop in different fields, the economic affair and trades of these countries expand and develop, as well.  thus, they, in turn, have ha...

In the fast globalizing world, the combined effect of small market size, weak institutions, low human development, worsening terms of trade, persistent conflict and poor investment climate, pan-African cooperation as enshrined in the African Economic Community and NEPAD has been designated by African governments as the best overall framework for accelerating African development in the 21 centur...

positive or negative effects on trade depending on their design and implementation. Analysis in this chapter confirms that gains from a preferential trade agreement cannot be taken for granted; moreover, even in agreements with positive impacts on average incomes, not all members are assured of increases. The interesting policy question then is not whether RTAs are categorically good or bad, bu...

BACKGROUND Trade and investment liberalization (trade liberalization) can promote or harm health. Undoubtedly it has contributed, although unevenly, to Asia's social and economic development over recent decades with resultant gains in life expectancy and living standards. In the absence of public health protections, however, it is also a significant upstream driver of non-communicable diseases ...

The role of production subsidies in trade agreements has long been neglected by trade economists. To fill this gap, Bagwell and Staiger (2006) analyze this issue and show that, quite generally, the sole variable efficient trade agreements need to address is market access and that, moreover, the de facto prohibition of subsidies by prevailing WTO legislation is inefficient. The present paper sho...