1. Introduction -- 2. Decoupling of environmental pressure from industrial growth, 1990-2002 -- 3. Heuristic model of EST adoption -- 4. Brazil -- 5. China -- 6. India -- 7. Kenya -- 8. Thailand -- 9. Tunisia -- 10. Viet Nam -- 11. Zimbabwe -- 13. Eight-country assessment of factors influencing...

We argue in this paper that cancelling the debt of the poorest countries was a good thing, but that it should not imply that the debt instrument should be foregone. We claim that debt and debt cancellations are indeed two complementary instruments which, if properly managed, perform better than...

This paper analyzes the inefficiency that arises from a debt overhang. In order to define the lenders' optimal rescheduling strategy, I calculate the maximum present discounted value of the repayment they could obtain. This upper bound occurs when the borrower gives up sovereignty over all...

Many developing and transition economies have not yet undertaken the policy integration measures needed to enhance the impact of industry on sustainable development. In this original and insightful book, national experts from Chile, China, the Czech Republic, Pakistan, Tunisia, Turkey and...