Aim: The study evaluated the impact of devaluation and goods price variation on trade flows in a sample of 47 countries consisting of developing and developed nations from 1990 to 2023. Design/Research methods: The estimation techniques adopted in this work are the Panel Structural VAR (PSVAR),...

Aim: This article aims to analyze the impact of China's trade with 78 major trading partners on Actual-Open Emission of CO2 (EAO) from 2000 to 2020 in light of the European Union's (EU) goal to reduce CO2 emissions by 20% by 2020 compared to 1990 levels. Research Methods: The research is based...

In this article, the "mechanism" of unequal exchange, on the basis of Marx's analysis and Emmanuel's seminal contribution to the issue, is investigated. According to the analysis, the deeper cause of unequal exchange lies in the established differences in the labor skills between more and less...

This article examines the global economic shift away from US dollar dominance, focusing on the rise of the Chinese yuan and de-dollarization efforts, particularly by Russia and BRICS nations (Brazil, Russia, India, China, and South Africa). The study explores the dollar's dominance since World...

This paper analyzes the role of the nature of traded goods in the effect of the real exchange rate on the trade balance in West African Economy and Monetary Union countries. Empirically, the estimation of the parameters of a distributed lag autoregressive model using the technique of dynamic...