‘Highly Civilized, yet Very Simple’: Images of the Czechoslovak State and Nation at Interwar World’s Fairs

How does a newly formed state and its newly created nation present itself at world’s fairs? This article focuses on the interwar period and the impact of the political restructuring of Central Europe in order to examine the strategies and motivations of Czechoslovakia for participation in exhibitions around the globe. It takes Czechoslovakia as an example of a country, created in 1918, that constructed and displayed its image in a comprehensible and uncomplicated way to international audiences. World’s fairs that were primarily organized to promote trade relationships thus gave the opportunity to countries like Czechoslovakia to validate its existence, internal composition, and domestic politics through carefully crafted narratives that were showcased. The article primarily addresses the question of who creates these narratives and why, while scrutinizing the transfer of domestic politics into international displays.

Market Openness and Its Relationship to Connecting Markets Due to COVID-19

In this research, statistical models were formulated to study the effect of the health crisis arising from COVID-19 in economic markets. Economic markets experience economic crises irrespective of effects corresponding to financial contagion. This investigation was based on a mixed linear regression model that contains both fixed and random effects for the estimation of parameters and a mixed linear regression model corresponding to the generalisation of a linear model using the incorporation of random deviations and used data on the evolution of the international trade of a group of 42 countries, in order to quantify the effect that COVID-19 has had on their trade relationships and considering the average state of trade relationships before the global pandemic was declared and its subsequent effects. To measure, quantify and model the effect of COVID-19 on trade relationships, three main indicators were used: imports, exports and the sum of imports and exports, using six model specifications for the variation in foreign trade as response variables. The results suggest that trade openness, measured through the trade variable, should be modelled with a mixed model, while imports and exports can be modelled with an ordinary linear regression model. The trade relationship between countries with greater economic openness (using imports and exports as a trade variable) has a higher correlation with the country’s health index and its effect on the financial market through its main trading index; the same is true for country risk. However, regarding the association with OECD membership, the relations are only with imports.

International Production Networks Are Overcoming COVID-19 Shocks: Evidence from Japan's Machinery Trade

This paper investigates the impacts of COVID-19 on international production networks in machinery sectors by shedding light on negative supply shocks, negative demand shocks, and positive demand shocks. Specifically, we examined changes in trade in the trade-fall periods amid COVID-19 in 2020 using Japan's machinery trade at the most disaggregated level and decomposed them into two intensive margins (i.e., the quantity effect and the price effect) and two extensive margins (i.e., the entry effect and the exit effect). Our empirical results show that trade relationships for parts and components were robust even amid COVID-19 and that international production networks in machinery sectors were almost intact. They also demonstrate that COVID-19 brought positive demand shocks for specific products with special demand due to its nature in addition to negative supply shocks and negative demand shocks, which partially explains heterogeneous effects not only among sectors but also among products in the same sector. As of October 2020, Japan's machinery trade seems to have mostly recovered.

Exploitation, Trade Justice, and Corporate Obligations

In On Trade Justice, Risse and Wollner defend an account of trade justice on which the central requirement, applying to both states and firms, is a requirement of non-exploitation. On their view, trade exploitation consists in ‘power-induced failure of reciprocity’, which generates an unfair distribution of the benefits and burdens associated with trade relationships. In this paper, I argue that while there are many appealing features of Risse and Wollner’s account, their discussion does not articulate and develop the unified picture of states’ and firms’ obligations that they aim to provide as clearly as it might have. In particular, it is, I claim, unclear exactly how they understand the relationship between the fairness-based requirements that apply to states and those that apply to firms. I argue that there are two types of accounts that they might accept: a transactional account and a structural account. I offer reasons to think that there are reasons to prefer a structural account. In addition, I note some of the key implications of accepting such an account, and suggest that if Risse and Wollner accept these implications and revise other aspects of their view accordingly, the result is a plausible and unified account of what trade justice requires.

A Greek-speaking Jew in the land of the Ḥimyarites?

Some scholars believe that ‘genuine’ Jews were present in Yemen as early as the 10th to the 6 th century BCE. The Ḥimyarite Kingdom saw another phase of Judaization between the 4th and 6th centuries CE. The history of Judaism in Southern Arabia is interlinked with the other two major religions of our time, namely Christianity and Islam, both of which were also practised in the area. The spread of the religions was inevitable as the interconnectedness of cultures and religions increased through political and trade relationships. This paper focuses on the nature of the ‘non-converted’ Jewish community in Yemen. The discovery of a Greek inscription in the ruins of a synagogue at Qanī (South Yemen) adds additional knowledge about the nature of the Jews of Ḥimyar. Is this an isolated case? When and where were the Jews exposed to the Greek culture? In 1936 and 1937, Mazar revealed a remarkable system of tombs in Bĕţ Śĕ̕̕̕ ‘ārīm (Qiryat Tib’on) in northern Israel (near Haifa) and showed that these tombs were those of the Jews of Ḥimyar. The cemetery served as a burial place for Jews from various regions after the diaspora in late antiquity. It is furthermore ‘notable that the inscriptions at the Ḥimyari tombs in Bĕţ Śĕ̕̕̕ ‘ārīm are in Greek, next to an interlacing of Epigraphic South Arabian script. Apparently, it often happened that Jews of Ḥimyar sent the bodies of their relatives to be buried in Israel. A review and analysis of the historical literature will be employed. An epigraphic and archaeological approach illuminates this investigation.

The X-Group Period in Lower Nubia

The X-Group (or Post-Meroitic) Period in Lower Nubia is a period of cultural continuity from the previous Meroitic Period, while also being a period of significant change and innovation. X-Group culture is characterized in the elite sphere by forms of material culture that frequently combine motifs with Egyptian, Classical, and Kushitic antecedents in inventive ways, long-distance trade relationships and monumental building projects in the mortuary domain. In both elite and non-elite circles a distinctive pottery tradition endures, and ritual practices focused at sites with long genealogies continued. The introduction of the waterwheel in Lower Nubia enabled an expansion of agricultural cropping regimes and supported settlement in the region, which was frequently based at sites that had seen Meroitic Period activity, although there is frequently a gap in the chronology rather than direct temporal continuity.

Sectoral Trade Globalization

This chapter aims to shed light on the trends of sectoral trade globalization. This component of trade globalization is often neglected. An accurate evaluation of sectoral trade requires the analysis of the interdependencies of countries and the consideration of distance as a central dimension of trade globalization. As such, sectoral trade globalization is one aspect of a more complex and multi-dimensional phenomenon. Data show that sectoral trade globalization has increased significantly over the last 50 years irrespective of the characteristics of individual sectors. One relevant insight is that the level of trade globalization is on average still different for high-tech sectors compared to low-tech and medium-low-tech sectors even though the former could increase their bilateral trade relationships over time. Even though protectionist tendencies as well as the COVID-19 pandemic have led to a vivid discussion about the return to more local or regional production schemes, digitalization processes could still have the potential to further integrate countries' trade networks.

Is the World Flat or Not (Yet)?

This chapter adds to the understanding of trade globalization by accounting for the complexity and multi-dimensionality of the phenomenon at hand. This approach captures different aspects of the phenomenon, such as the interconnectedness of countries, geographical distance, and sectoral trade relationships over a period of 50 years. Thereby, both the commonalities and differences in the long-term trends for the individual dimensions of trade globalization are highlighted. Results indicate that regarding the number of positive bilateral trade flows, globalization was almost completed by 2016. Also, distance diminished significantly in importance for trade relationships. Yet, data shows that the degree of globalization was significantly different for high-tech sectors compared to low-tech sectors even though the latter could catch up over time. During recent years, protectionism tendencies have led to the discussion about a new age of slowbalization to be on the way while digitalization processes can integrate countries even further into global production and trade networks.

Dynamics of Buyer-Seller Relations in Norwegian Wine Imports

As for all traded products, aggregated wine imports build on numerous trades at the firm level. To ensure consumers access to a variety of wines with different qualities, importers need to connect to different wine exporters. Some of these relationships will last for a long time, while the duration of others may be short. In this article, we employ transaction-level data to analyze the duration of trade relationships in wine imports to Norway from 2004 to 2014. We find that most relationships are short-lived, as more than 75% of trade relationships end after less than two years. Furthermore, we find that higher-quality wines, as indicated by the import price, increase trade duration. Deeper firm-to-firm trade relationships for more exclusive wines are likely due to higher search costs for high-quality products. The results also show that the size of the initial trade between the partners, or degree of commitment, is a positive determinant for persistent relationships. (JEL Classifications: C41, F14, Q27)