economic diversification would reduce their exposure to volatility and uncertainty in the global oil market, help create jobs … limited. This paper argues that increased diversification will require realigning incentives for firms and workers in the … economies—fixing these incentives is the “missing link†in the GCC countries’ diversification strategies. At present …

tourism for a number of PICs. Moreover, if a strong two-way linkage is established between tourism and agriculture, Pacific …

This paper quantifies the magnitude and nature of migration flows from the Caribbean and estimates their costs and … migration rates are particularly striking for the highskilled. Many countries have lost more than 70 percent of their labor … in 2002. Simple welfare calculations suggest that the losses due to high-skill migration (ceteris paribus) outweigh the …

could provide diversification gains to international capital seeking markets uncorrelated with Northern and emerging market …

significant negative effect on output convergence?by discouraging migration within Canada?the Equalization transfers may have …

migration patterns in response to local economic shocks. This approach explains the different behaviors of workers in different …