Ocean tourism contributes significantly to the economy of the Philippines, an archipelagic nation with one of the longest coastlines in the world and one of the best marine environments in terms of biodiversity. This paper aims to explore how ocean tourism and economic development intertwine in...

The current account surplus of the Republic of Korea (henceforth Korea) increased significantly in the immediate recovery period after the 1997 - 1998 Asian financial crisis. Since then the surplus has gradually diminished, and from 2006 to 2008, the current account was close to being balanced....

The current account surplus of the Republic of Korea (henceforth Korea) increased significantly in the immediate recovery period after the 1997–1998 Asian financial crisis. Since then the surplus has gradually diminished, and from 2006 to 2008, the current account was close to being balanced....

This paper compares the sources of income inequality in Japan and the United States. We exploit two longitudinal household surveys to decompose the income inequality in both countries. For Japan, we use Keio Household Panel Survey data and the five latest waves (2009-2013). For the United...

The growth rebalancing model, which places the nontradable services sector on center stage, is important to spur on faster growth in this sector and tap its potential to become another engine of growth for ASEAN economies. While ASEAN countries have allocated the bulk of their fiscal stimulus...

This exercise tries to be the first approach in order to understand the overall feedback effects of price path over optimal depletion rate in natural gas market in Bolivia. The simulations attempt to reproduce year-by-year evolution of natural gas depletion. While the initial conditions,...

In the great majority of Latin American countries in the 2000s, economic growth took place and brought about improvements in almost all labour market indicators and consequent reductions in poverty rates. Across countries, economic growth was not all that mattered; external factors were...

This paper discusses the use of aggregate and microeconometric decompositions to compare benefit-incidence results over time and across regions. Decompositions are applied to explore changes in targeting in health policies directed to pregnant women and children under 4 in Argentina. The results...