Trade in services has outpaced trade in merchandise over the last two decades. The services sector has increased steadily in importance both in terms of it shares in GDP and employment over the lat 30 years in Australia and its contribution to trade will continue to increase. The significance of...

There has been a significant shift in trade policy orientation in Bangladesh over the last two decades. A dirigiste policy orientation has gradually been replaced by a more outward oriented economic policy. In line with such policy orientation, a series of trade liberalisation measures has been...

In this paper we examine unemployment rate dispersion across the (statistical) regions in theMelbourne metropolitan area. We find that the level of dispersion is positively correlated withthe unemployment rate in all the regions taken together and that the ‘elasticity’ of dispersionwith...

My differences with the standard neoclassical model of the economy are legion and have literally filled a book. Debunking Economics (Keen, 2001) focused on the flaws in the micro side of neoclassical economics, because that is the wellspring from which all neoclassical economic fallacies...

The proposition that the Global Financial Crisis was inherently unpredictable is a recurrent theme amongst those charged with preventing such events. It is also a convenient untruth. A Netherlands academic did a rather better survey of the literature than Governor Stevens, to identify 12...