The balance-of-payments (BOP)-constrained growth rate is the maximum gross domestic product (GDP) growth rate above which unsustainable current account deficits emerge, forcing policymakers to implement contractionary measures that ultimately reduce…
The mounting interest in the environment has triggered scholars’ attention and effort to study the determinants of environmental degradation. Yet, a gap in the literature remains unexplored, environmental impacts of trade market diversification/…
The study investigates the dynamic relationship between education quality and economic growth in developed and developing countries for the period 2000–2020. Considering the Group Mean Fully Modified OLS (GM-FMOLS) model, the results prove the…
As global economic and trade governance enters a period of important transition, China should reshape the constituent elements of the international economic order and promote it from three aspects: values advocacy, normative input, and institutional…
Trade structure reflects the development of a country's industries and the comparative advantage in the world. Optimizing trade structure will help improve international competitiveness, consolidate industrial layout and deepen trade…
The World Trade Organization (WTO) faces complex challenges as it carries out reforms given the intertwining interests of its members under the multilateral trading regime. When the WTO fulfills its dispute settlement function, some members differ…
The complex relationship between foreign direct investment (FDI), political stability, and economic growth remains a critical area of study, particularly for developing economies like South Africa. This research investigates how FDI impacts economic…