According to the World Trade Organization (WTO, 2021), international trade—including the production and transportation of manufactured goods—accounts for 20 to 30 percent of global greenhouse gas (GHG) emissions. This study examines the relationship…
In recent years, the debate surrounding free trade versus protectionism has intensified, particularly as industrialized countries face increasing competition from emerging economies. This argument is of particular importance to Pakistan which faces…
The Lahore School of Economics macro model estimates that Pakistan's GDP growth for FY 2023-2024 is projected at 1.68%, reflecting ongoing weaknesses in sectoral performance, particularly in large-scale manufacturing, which barely broke even after a…
The Philippines was among the most infected countries in Southeast Asia at the onset of the COVID-19 outbreak. This study analyzes how the export and import trade margins (extensive and intensive) of the Philippines were affected by the lockdown…
This research paper explores the dynamic relationship between trade openness, financial development, and economic growth in Lesotho. The study utilizes quarterly time series data spanning from 1970 to 2021, obtained from the Central Bank of Lesotho…
The purpose of this study is to investigate the extent to which industrialization strategies and policies in Southern Africa, in particular the Common Market for Eastern and Southern Africa (COMESA) industrialization policy and the Southern African…
By the virtue of their size, Emerging Market Economies (EMEs) present trade opportunities for both developed and developing countries. To benefit from such opportunities, countries need to identify the areas where they have comparative advantage.…