Vietnam has been following China’s path closely and very successfully for the last two decades, since the adoption of ‘Doi moi’ in 1986. Over those last two decades, economic growth rates in both countries have been the highest worldwide (with GDP growing by 8 per cent and 10 per cent per...

This article provides evidence that patent protection can have a positive effect on trade, by analysing the impact of the implementation of intellectual property rights (IPR) in developing countries on the US exports of pharmaceutical products, following intense lobbying efforts from the US...

Globalization probably had less impact on regional inequalities than fiscal distortions

This thesis examines the impact of institutions, especially the financial institutions, on international trade and foreign direct investments. The first four chapters study the financial institutions and their impact on trade and international specialization. Specifically, the first chapter...

The alleged undervaluation of the renminbi has been the subject of intensive academic research over the past few years. Using equilibrium exchange rate models many authors have concluded that the renminbi is undervalued by 15 to 30% against the US dollar. Yet China has been experiencing strong...

Through the concept of “franchised city”, Mangin (2004) shows that cities are developed through projects of private companies that sectorize peri-urban areas, which give a special shape and functioning to cities. This macro perspective of the development of cities is the result of process...