Professor Pascalis Raimondos-Møller from the department of Economics has received funding for a three year project named " Flexibility in Regional Trading Agreements" from The Social Science Research Council (Forskningsrådet for Samfund og Erhverv - FSE). The project undertakes an economic analysis of the formation and design of regional trade agreements (RTA) in a world characterised by irreversible decisions. By allowing the trading environment to change over the life of a RTA , this project makes it possible, for the first time, to investigate the trade-off prospective members face between flexible and rigid RTA design.

A full PhD project is embedded in the project, that has received a total funding of DKK 2.870.000. The project commences in August 2008.