In recent times a great deal of attention is being paid to the repercussions that the appearance of California as a new supplier of “Mediterranean products” had over the traditional producer countries located on the Mediterranean rim. The paper focuses on orange farming and starts with a...

The paper examines the applicability of GDP-linked bonds for the financing of developing countries and emerging markets. GDP-linked bonds are bonds of which the coupon and/or redemption payments are tied to the GDP of the issuing country. The study encompasses a detailed empirical analysis of...