The countries of Central and Eastern Europe went from being largely closed to being largely open to international capital flows. This paper discusses their experience with capital account liberalization and coping with large capital inflows. We start with a discussion of basic economic...

An agricultural growth model is proposed to verify the agricultural convergence hypothesis among some Asian countries following the method of Barro and Sala-i-Martin (1992) and Sala-i-Martin (1996). Conditional convergence of agriculture is facilitated by foreign aid intended for agriculture and...