In the new millennium, the Western aid effort towards Africa has surged due to writings by well-known economists, a celebrity mass advocacy campaign, and decisions by Western leaders to make Africa a major foreign policy priority. This survey contrasts the predominant "transformational" approach...

Overall, protection in goods and services now appears modest in developed and developing countries, but there are a number of products where protection remains high and liberalization could bring important benefits to developing countries. In absolute terms the greatest gains for developing...

According to Lucas (1981) understanding business cycles is the first step in designing appropriate stabilization policies. In this paper, we demonstrate a series of ways in which developing countries differ from their developed counterparts when focus is on the nature and characteristics of...

In the aftermath of the failed Third Ministerial Session of the WTO in Seattle, the WTO is trying to rebuild the agenda for a new round of multilateral trade negotiations. There are already mandated negotiations in agriculture and services (the so-called "built-in agenda") as well as mandated...