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From the Editor’s Desk (September 2012)Tony Addison Mid-September finds UNU-WIDER very busy preparing for our big conference on climate change and development policy that takes place later...
Tony Addison Mid-September finds UNU-WIDER very busy preparing for our big conference on climate change and development policy that takes place later...
Tony Addison January saw the snow arrive in Helsinki. As I look out across the harbour, the scene is one of various shades of white and grey. The...
When the Uruguay Round was being negotiated and it was coming to a close, a number of estimates were made about the impact of the agreement on poor countries. Many of the assessments indicated that there would be a net loss for them while others came...
In this special issue, five articles address some of the challenges associated with integrating an existing S-S regional agreement with a new template that results from block negotiations with a northern partner. The compatibility issues this raises...
This paper proposes a comprehensive yet evolutionary reform of the global monetary non-system that evolved out of the breakdown of the original Bretton Woods arrangement in the early 1970s. It includes: (i) a global reserve system that mixes the...
Part of Book Resetting the International Monetary (Non)System
Welcoming 60,000 Southeast Asian refugees in the 1979–80 period has become a celebrated part of Canada’s history, but the eventual integration of these refugees into Canadian society has received insufficient attention. This study provides a...
International economic integration has been a central policy goal for the Vietnam government since the doi moi reform was initiated in 1986. We explore the Vietnamese increasing integration into the world market and bouts of high inflation. Five...
Over the last thirty-five years, Costa Rican exports (in dollars) have grown at an average annual growth rate of 10.8 per cent. In the context of an import substituting industrialization and subregional integration, exports grew at increasingly...
In this paper we present two composite indices of globalization. The first is based on the Kearney/Foreign Policy magazine and the second is obtained from principal component analysis. They indicate which countries have become most globalized and...
This paper examines whether protectionist tendencies, in terms of both policy preferences and policy actions, in 'Northern' countries-looking in particular at the United States - seem to be an obstacle to the integration into the world economy of...
We construct a structural macroeconometric model for member states of the West African Economic and Monetary Union. Fitting this model to annual and quarterly time series data allows us to identify the channels through which macroeconomic innovation...
In this paper we fit a VECM in output and prices to data from ten countries of the CFA Franc Zone. This model allows for various cross-country interactions in both the short run and the long run. The VECM parameters are used to estimate persistence...
L’objectif de cet étude est d’analyser l’état de la convergence dans l’UEMOA, de 1980 à 2001, à travers les critères de convergence définis dans son pacte de convergence. On utilise l’approche méthodologique de Haldane et Hall (1991) pour appréhender...
In this paper we use data from 17 African nations in order to investigate the hypothesis that monetary union – represented in this case by the CFA Franc Zone – augments the extent of macroeconomic integration. The paper covers a number of dimensions...
This paper investigates the impacts and responses of macroeconomic shocks in some domestic economies in Sub-Saharan Africa over the period 1961-99; more specifically, it seeks to answer the question of whether there are any systematic differences in...
The West African Economic and Monetary Union (UEMOA) has a history of monetary stability and low inflation. Nevertheless, there is substantial variation in relative prices within some UEMOA countries, in particular in the price of food relative to...
We analyse the prospects for greater monetary integration in Africa, in the wake of EMU. We argue that the structural characteristics of African economies are quite different to the EMU members but that much can be gained from monetary cooperation...
China’s engagement in the so-called international fragmentation of production – namely ‘cross-border dispersion of component production/assembly within vertically integrated manufacturing industries’ – has become an increasingly important form of its...
The white-painted cluster of traditional style buildings might suggest that this was a farm on the South African veldt. Not so however—it was Trade...
Integration of Latin America into the international economy over the past quarter century has led to faster export growth, but not to faster GDP or productivity growth Contrary to mainstream analysis, under the current market reforms countries have...
Part of Book Golden Age of Capitalism
Part of Book Non-Traditional Export Promotion in Africa
This is the first of five volumes reporting on the UNU-WIDER study on New Regionalism. It deals with the conceptions and meanings of two processes which probably will have a crucial influence on the shape of the 'new world order' - globalization and...
This is the first of five volumes reporting on the UNU-WIDER study on New Regionalism. It deals with the conceptions and meanings of two processes which probably will have a crucial influence on the shape of the 'new world order' - globalization and...
The Golden Age was the era of demand management. Originally with monetary, and then fiscal policy, the governments of the advanced capitalist economies attempted to enhance and guide the accumulation process. They allocated credit, manipulated...
Geography causes African countries to experience a ‘proximity gap’. To overcome this gap a ‘big push’ may be needed in infrastructure. The cross-border nature of such infrastructure requires regional cooperation in at least four issues: transport...
Across the world, we observe different experiences in terms of inequality between migrant and ‘host-country’ populations. What factors contribute to such variation? What policies and programmes facilitate ‘better’ economic integration? This paper...
For the Central Asian countries the dissolution of the Soviet Union led to economic disintegration as old coordination mechanisms disappeared and new national borders appeared. This paper analyses why it has been difficult to coordinate aid for...
This study is an attempt towards an integration of financial development and its effect on the real sector via the transmission mechanism with special reference to developing and emerging market economies. It finds two cointegrating relations between...