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           Focus
        | China's Export Processing Zones (EPZs) 
 China is probably one of the best-known examples of the use of spatially-targeted programs. The country is a major player in the worldwide proliferation of EPZs. A recent study shows positive export repercussions from the EPZ policy which are greater for sectors with denser the links with the local productive structure.
 Zhao Chen, Sandra Poncet, Ruixiang Xiong >>>
 
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    	   publications
		 
	          
            
  
        
        Review of International EconomicsMigration and Regional Trade Agreements: a (new) Gravity Estimation
 Gianluca Orefice, Erik Figueiredo, Luiz Renato Lima
 
 
Review of World EconomicsNon-tariff measures, preferential trade agreements, and prices: new evidence
 Olivier Cadot, Julien Gourdon
 
 
World EconomyVariable Trade Costs, Composition Effects, and the Intensive Margin of Trade
 Lionel Fontagné, Antoine Berthou
 
 
International Journal of Economic TheoryPollution effects on labor supply and growth
 Lionel Ragot, Stefano Bosi, David Desmarchelier
 
 
International Journal of Central BankingThe ECB Unconventional Monetary Policies: Have They Lowered Market Borrowing Costs for Banks and Governments?
 Urszula Szczerbowicz
 
 
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           Facts & Figures | 
 
 This is the relative gains for the multinational retailers' headquarters countries of a 20% higher multinational retailer presence in China.
 This is what a recent study by Charlotte Emlinger and Sandra Poncet shows, using sector-country level import data for 287 cities over the 1997- 2012 period. Multinational hypermarkets established only recently in China but developed very quickly. Penetrating the highly profitable and rapidly growing Chinese retail market is even more now the key objective for most western producers and retailers.
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           Opinion| 
 Towards an international financial public order
 
 The shift from the concept of an “international monetary system” to that of “global financial safety nets” is positive but, still, limited mostly to emergency liquidity assistance. The broader notion of an “international financial public order” including crisis prevention would be more suitable.
 Christophe Destais
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  To Stay Informed 
 ISSN: 1255-7072 
Editorial Director : Antoine Bouët 
Managing Editor : Dominique Pianelli
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