This paper investigates the relationship between capital account openness and inflation since the 1980s. It argues that widespread capital account liberalization during the last two decades appears to have contributed to the worldwide disinflation observed during the same period. The paper...

Despite numerous empirical studies examining various facets of the topic, the degree of intraregional financial integration in East Asia remains a matter of vigorous debate. This paper offers a selective survey of the recent empirical literature on financial integration, the focus being on...

While talk of a 'China-India axis complete with 2.4 billion people' is no doubt fanciful, the progress in relations over the seven years following the nuclear crisis of 1998 is claiming the close attention of observers of world poliitics. Above and beyod their potential economic synergy, the...

The status of public services is one of the most hotly debated issues surrounding the GATS. There are two approaches to distinguish such services from any other services: an institutional approach that focuses on the legal and institutional conditions governing supply (e.g. ownership status,...

This paper dwells on the essential requirements of economic development and the role of international credit,. It is also an incursion into the operational principles and strategies of the World Bank and IMF. Finally it analyzes the implication of the World Bank and IMF to economic growth and...

This paper gives insights into the possible trade creating effects of service trade liberalization via Mode 4. In particular we expect that temporary movements of persons, like permanent movements, have the potential to reduce transaction costs for merchandise trade between home and host...

The Draft document circulated at the beginning of the Sixth WTO Ministerial Conference held in Hong Kong, China, 13–18 December 2005.

This paper contends that the general understanding that precedent system does not apply in the WTO Dispute Settlement Mechanism. The author argues that the drafters or the negotiators always wanted to have a judicial system resembling those that apply in the common law countries with the hope...

This paper analyses the opportunities in services trade that may arise out of the India-ASEAN Economic Cooperation to makes an assessment of the net gains that could arise from liberalisation of the commercially traded service sector. The study suggests that at least in the medium term, there is...

The report intends to provide general and specific recommendations to both provider and recipient nations that they should take into consideration while undertaking any TA programme in a recipient nation. The report critically evaluates the needs, concerns and experiences of recipient...