To be competitive in the global economy, some argue that Latin American countries need to reduce or eliminate labour market regulations such as minimum wage legislation because they constrain job creation and hence increase poverty. On the other hand, minimum wage increases can have a direct...

The purpose of this paper is to explore economic and political implications of Europe's Economic and Monetary Union (EMU) for developing countries.

This paper combines a theoretical perspective on globalization and the information society with a critical usage of international regime theory in order to contribute to a better understanding of the current historical period of transition from an international telecommunications regime to a new...

We analyse the prospects for greater monetary integration in Africa, in the wake of EMU. We argue that the structural characteristics of African economies are quite different to the EMU members but that much can be gained from monetary cooperation, as external agency of restraint and in...

The partial effect of nominal exchange rate volatility on exports from each EMU member to the rest of the EMU is estimated on annual data for 1967-97, using modern time-series methods.

The study offers a number of conclusions as to the relevance for southern Africa of the various regionalization models. Both theory and experience show that the trade integration model is badly equipped to be the basis for regionalization in Africa, as the production structure of most African...

The impact of climate change on agriculture and poor groups’ livelihoods are one of the greatest potential threats to development and a key challenge in climate change agenda. The North Africa region is particularly vulnerable to climate change due to geographic and ecological features. The...

Many low income countries in Africa are optimistic that producing biofuels domestically will not only reduce their dependence on imported fossil fuels, but also stimulate economic development, particularly in poorer rural areas. Skeptics, on the other hand, view biofuels as a threat to food...