The finite nature of certain fossil fuels, which are essential inputs in production, imposes a substantial constraint on the economy's long-term growth potential. This paper develops an endogenous directed technical change model under uncertainty…
The Generalized System of Preferences (GSP) was established to promote the exports of developing economies to industrialized economies through non reciprocal trade preferences. This chapter investigates the effect of the GSP on
making trade work for…
AbstractThis study examines the impact of exports, imports, and trade openness on Namibia’s economic growth using the ARDL cointegration method. The results reveal a significant negative relationship between imports and economic growth, while…
La llegada del COVID-19 a finales del año 2019, sumado a un mundo multipolar, una Organización Mundial del Comercio (OMC) en plena crisis, la paralización –en parte– de las negociaciones económicas internacionales de nuevos acuerdos comerciales,…