Concerns regarding the Trans-Pacific Partnership (TPP) have raised awareness about the negative public health impacts of trade and investment agreements. In the past decade, we have learned much about the implications of trade agreements for public health: reduced equity in access to health services; increased flows of unhealthy commodities; limits on access to medicines; and constrained policy...

T his study investigates the effects of extra-ECOWAS merchandise trade and investment flows on the transmission of business cycles in the selected ECOWAS between 1985 and 2014.  The study finds that total trade and foreign direct investment (FDI) significantly influence the transmission of business cycles with elasticities of 1.1 and 0.7, respectively in the long run. There are little vari...

D uring the past few decades, national security plays a central role in the process of economic development. Also, foreign investment and trade have rapidly increased worldwide and have enhanced economic growth in developing countries. Although foreign investment and trade bring huge economic benefits, many developing countries fear that by opening up markets to competition and forei...

Cap and trade (CAT) results in lower abatement costs relative to command and control, but might increase industry marginal abatement cost, resulting in higher equilibrium emissions. With lumpy investment, command and control leads to multiple investment equilibria and “regulatory uncertainty”. CAT, a first best policy, eliminates this uncertainty. Command and control policies cause firms to imi...

In the MIRAGE trade policy simulation model, country current account balances are kept constant relative to world GDP, at their base year values, for the whole simulation period. Such a specification imposes no limit to country international investment positions, which do not appear explicitly in the model anyway. That rather unrealistic hypothesis could have an influence on trade flows, and co...

Trade and investment liberalisation in tobacco products oVers no benefits for tobacco control. Thus, if trade and investment liberalisation—as embodied in international agreements or viewed as an economic process—may harm tobacco control, as we believe it might, then trade and investment liberalisation in tobacco is an unhealthy and inappropriate public policy. We support the resolution of the ...