The Losses from Trade Restrictions

As a response to the trade collapse in the global crisis of 2008 and 2009, temporary trade restrictions have emerged in several countries. With analyzing the dynamics of a negative macroeconomic shock in the home economy first, and the subsequent introduction of trade restrictions in the foreign economy second, I show that both economies are in a worse position than they were during the economic downturn.

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Book Reviews

Books reviews available in .pdf

  • Political order and political decay: from the industrial revolution to the globalization of democracy. By Francis Fukuyama.
  • World order: reflections on the character of nations and the course of history. By Henry Kissinger.
  • The status of law in world society: meditations on the role and rule of law. By Friedrich Kratochwil.
  • Time to react: the efficiency of international organizations in crisis response. By Heidi Hardt.
  • NATO beyond 9/11: the transformation of the Atlantic alliance. Edited by Ellen Hallams, Luca Ratti and Benjamin Zyla.
  • Drone warfare. By John Kaag and Sarah Kreps.
  • The morality of private war: the challenge of private military and security companies. By James Pattison.
  • Mixed emotions: beyond fear and hatred in international conflict. By Andrew A. G. Ross.
  • European Union foreign policy and the global climate regime. By Simon Schunz.
  • Globalizing oil: firms and oil market governance in France, Japan, and the United States. By Llewelyn Hughes.
  • International partnership in Russia. By James Henderson and Alastair Ferguson.
  • Putin’s energy agenda. By Stefan Hedlund.
  • MI5 in the Great War. Edited by Nigel West.
  • American grand strategy in the Mediterranean during World War II. By Andrew Buchanan.
  • Winding up the British empire in the Pacific islands. By W. David McIntyre.
  • Urgences françaises. By Jacques Attali.
  • La France au dĂ©fi. By Hubert VĂ©drine.
  • Parochial global Europe: 21st century trade politics. By Alasdair Young and John Peterson.
  • The politics of the Black Sea region: EU neighbourhood, conflict zone or future security community? By Carol Weaver.
  • The last Stalinist: the life of Santiago Carrillo. By Paul Preston.
  • Ukraine crisis: what it means for the West. By Andrew Wilson.
  • The limits of partnership: US—Russian relations in the twenty-first century. By Angela Stent.
  • Conflict, crime, and the state in postcommunist Eurasia. Edited by Svante Cornell and Michael Jonsson.
  • Enemy on the Euphrates: the British occupation of Iraq and the great Arab revolt. By Ian Rutledge.
  • Counting Islam: religion, class, and elections in Egypt. By Tarek Masoud.
  • The new pirates: modern global piracy from Somalia to the South China Sea. By Andrew Palmer.
  • Africa in the new world order: peace and security challenges in the twenty-first century. Edited by Olayiwola Abegunrin.
  • Cold peace: China—India rivalry in the twenty-first century. By Jeff M. Smith.
  • The US–India nuclear agreement: diplomacy and domestic politics. By Dinshaw Mistry.
  • North Korea–US relations under Kim Jong Il: the quest for normalization? By Ramon Pacheco Pardo.
  • The emperor far away: travels at the edge of China. By David Eimer.
  • China’s regional relations: evolving foreign policy dynamics. By Mark Beeson and Fujian Li.
  • The Sino-Russian challenge to the world order: national identities, bilateral relations, and East versus West in the 2010s. By Gilbert Rozman.
  • Japan and the war on terror: military force and political pressure in the US—Japanese alliance. By Michael Penn.
  • America’s search for security: the triumph of idealism and the return of realism. By Sean Kay.
  • The CIA and the Soviet bloc: political warfare, the origins of the CIA, and countering communism in Europe. By Stephen Long.
  • Forever Vietnam: how a divisive war changed American public memory. By David Kieran.
  • Back channel to Cuba: the hidden history of negotiations between Washington and Havana. By William M. LeoGrande and Peter Kornbluh.

Do Developing-country WTO Members Receive More Aid for Trade (AfT)?

This paper aims to assess whether and to what extent the WTO’s developing member countries have received more AfT. For this purpose, a system GMM is applied to a sample of 118 recipient countries for the period 2001–10. We find evidence that while LDC WTO members on average receive relatively more AfT than other developing countries, the difference has not increased since launch of the AfT initiative. Among the three categories of AfT, the positive WTO membership effect for LDC members increased for building productive capacity and for trade policy and regulation, but declined for infrastructure.

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Trade in goods and services

The indicator comprises sales of goods and services as well as barter transactions or goods exchanged as part of gifts or grants between residents and non-residents. It is measured in million USD and percentage of GDP for net trade and also annual growth for exports and imports.

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Regional Perspectives on Aid for Trade

Based on a rich set of experiences regarding regional aid for trade projects and programmes, the study finds that regional aid for trade offers great potential as a catalyst for growth, development and poverty reduction. The study recommends greater emphasis on regional aid for trade as a means of improving regional economic integration and development prospects. While regional aid for trade faces many practical implementation challenges, experience has shown that associated problems are not insurmountable but do require thorough planning, careful project formulation, and prioritization on the part of policy makers.

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Measuring the Digital Economy

The growing role of the digital economy in daily life has heightened demand for new data and measurement tools. Internationally comparable and timely statistics combined with robust cross-country analyses are crucial to strengthen the evidence base for digital economy policy making, particularly in a context of rapid change. This report presents indicators traditionally used to monitor the information society and complements them with experimental indicators that provide insight into areas of policy interest. The key objectives of this publication are to highlight measurement gaps and propose actions to advance the measurement agenda.

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