"The authors study how the effect of trade openness on economic growth depends on complementary reforms that help a country take advantage of international competition. This issue is illustrated with a simple Harris-Todaro model where output gains after trade liberalization depend on the degree...

"A well developed financial system enhances competition in the industrial sector by allowing easier entry. The impact varies across industries, however. For some, small changes in financial development quickly induce entry and dissipate incumbents' rents, generating strong incentives to oppose...

How firms react to a given shock may depend on the degree to which rivals are present and on whether potentially viable entrants to that market exist. A preferred supplier market presence and threat of entry lessen a nonmember country's price reaction to most-favored-nation trade liberalization...

This comprehensive report-actually four compartmentalized reports in one-- focuses on policies to improve Brazil's trade performance. Specifically, three questions are addressed: What are the merits of alternative trade liberalization or integration options ? What domestic policies should be...

The objective of this study is to review international experience in offshore wind power development and draw on the lessons learned from the experience of different countries. To date, that experience has predominantly been limited to Europe. Significantly different regulatory and physical...