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The Armington-Heckscher-Ohlin Model – An Intuitive Exposition
Global models of world trade are often used as input into assessing the possible effects of liberalising trade. As simplifications of the economic...
Containing Creeping Protectionism: A Realist Agenda for the G20
The G20 summit in London offers an opportunity for world leaders to prevent a continued slide towards protectionism. Yet the summit is already at...
A Blueprint for Reform of the WTO Agreement on Agriculture
As the Doha negotiations are at a dead end, Valentin Zahrnt addresses some fundamental questions about the future direction of WTO disciplines in...
When to Privatize? When to Nationalize? A Competition for Ownership Approach
Theories of privatization or nationalization typically compare the economic or political efficiency of private and state ownership, either in...
Liberalising Air Passenger Services in APEC
This working paper aims at assessing the prospects for a more liberal air passenger transport regime in the Asia Pacific region under the auspices of...
Geographical Diversification of Developing Country Exports
This paper shows that export costs, tariffs, and international transport costs are all important determinants of geographical export diversification...
The Basel Capital Adequacy Framework should be Reconsidered
The Basel capital adequacy framework that has guided bank regulation and supervision for nearly 20 years deserves serious attention when the world...