The proposition that liberalization improves productivity growth is examined using data from Nepalese manufacturing-a least developed country that implemented trade liberalization during the 1980s. Productivity growth in general was negative in both the preand post-liberalization periods, but a...

This article presents an analysis of the trends and patterns of foreign direct investment (FDI) in Mongolia, a former centrally planned economy which embarked on economic reforms in 1990. Since then, there has been a dramatic increase in FDI inflow into the country. The volume of FDI rose from...