Read all posts from ‘Free Trade: Bane or Benefit?’

The strawberry season started late this year in Romania as the winter has been long and damp. A couple of days ago I went to the market next to my house and struck up a conversation with the strawberry seller. He was praising the fruit: “They’re grown in Romania, madam. […]

  Abstract: Since the closing in 2008 of the Andean Trade Promotion and Drug Eradication Act, ATPDEA, Bolivia’s textile industry has fallen to pieces. The biggest company of them all, Ametex, was the most visibly affected, reducing exportations to less than a half and thereby leaving thousands of workers unemployed. […]

Disclaimer: The article was written both from a perspective of a developed country and a devoloping country. Maria Farooq, Ole Wintermann One Dimensional Perspectives: A Risk for Globalisation? The 250 year old thesis is that globalization is a win-win-situation. The reason for that is the specialization of every country on […]

No economy can grow in isolation and in that respect trade plays a very important role. However, before getting into any trade agreement you need to do a proper cost-benefit analysis. The European Union has had its share of problems from mounting fiscal deficits to chronic depression, and India as […]

Abstract: Seven years have have passed since El Salvador became the first country to start the application of the Central America Free Trade Agreement (CAFTA), signed with the United States. The agreement has had many detractors since its  negotiation, and  many sectors insist it has affected the Salvadoran production and even increased […]