Working Paper
Adjustment through Opening of Socialist Economies
North Korea's economic reform began in the mid-1980s. It was motivated by the increasing seriousness of the problems typical of centrally planned socialist economies.In general, the country's reforms have so far been limited both in scope and depth...
This paper investigates the economic consequences of a scenario in which the European Union (EU) imposes economic sanctions on Sudan. The idea of the paper is motivated by the deteriorating relations between Sudan and the EU arising from the...
This paper reviews main S&D provisions for developing countries under the GATT-WTO trading system and discusses issues relating to the future of S&D treatment from the perspective of the least-developed countries (LDCs). It argues that negotiations...
The partial effect of nominal exchange rate volatility on exports from each EMU member to the rest of the EMU is estimated on annual data for 1967-97, using modern time-series methods. The long-run relations between exchange rate volatility and...
An interesting theory of transition must give a convincing account of structural adjustment and supply side improvement. In this paper, I discuss the incentives for government to undertake costly supply side improvement and how these relate to...
The emergence of the euro as a key currency, perhaps eventually rivalling the US dollar in importance, may have important macroeconomic implications for industrial as well as developing economies in the years ahead. This paper focuses on two related...
The purpose of this paper is to explore economic and political implications of Europe's Economic and Monetary Union (EMU) for developing countries. In strictly economic terms, influences will be communicated through both trade and financial channels...
From the book: Oxford Handbook of Africa and Economics, Vol. 2.
From the book: Oxford Handbook of Africa and Economics, Vol. 2.
Resource-Led Growth - A Long-Term Perspective surveys the 1870-1914 experience of growth in resource-rich economies: the so-called regions of recent settlement, some tropical countries and some mineral-based export economies. First, three contrasting...
Alisa DiCaprio The global arms trade is a lucrative business. In 2010, total arms transfers were estimated at US$40 billion. Despite the global...
GUESTAngle John Langmore and Perrin Wilkins When delivering the eighth WIDER Annual Lecture on rethinking growth strategies in 2004 Dani Rodrik...