Volume 35 (2017), Edition 3

Macroeconomic equilibrium models imply that specialization, international division of labor and free competition in open goods and factor markets will lead to welfare gains. While this theoretical assumption has been empirically verified in a...

President Trump’s vision for a new US trade policy is based on the notion that trade is a zero-sum game and that trade deficits cause losses of jobs and production. Therefore, the main objective of this America First trade policy is the reduction...

Calvin Coolidge, the 30th President of the United States, explained in 1925 the main driver of U.S. foreign policy: „The chief business of the American people is business.” Military-industrial policy as well as the military industrial complex...

The WTO’s global trade regime sets out to achieve global reach which is reflected in local Free Trade Agreements (FTA). The text discusses this, using Oceania as a case study to demonstrate the potential political instrumentalization of FTAs among...

This article examines the role of raw materials in international relations, analysing areas of cooperation and conflict. It provides an overview of the changing global geopolitical landscape with the rise of the BRICs and the growing demand and...

France is conceiving a new raw materials policy based on the desire to protect its supply from geopolitical turmoil. The main thrust goes towards creating an environment favourable to the reopening of mines in France itself, including overseas...

The China-Pakistan Economic Corridor (CPEC) is said to be the flagship project in China’s grand vision of extending its reach across Europe, Africa and Asia. This article examines its implications for Pakistan, and the likelihood of China...

This article examines China’s perception of two major free trade agreements (FTAs) in the Asia Pacific, the U.S.-led Transpacific Partnership Agreement (TPP) and the Regional Comprehensive Economic Partnership Agreement (RCEP) driven by the...

The unilateralist policies of US President Trump pose a challenge to supporters of global multilateral cooperation - but one that is not entirely unparalleled. Not for the first time in history, European and other governments are faced with the...