As debt work-outs facilitate recovery from Asia'a recession, GDP there can be expected to rise and manufactured exports to expand. Asian imports and investment will remain low, however, as crisis-enhanced foreign debt is serviced and domestic savings continue to be sent abroad. Superficially,...

This paper adapts a more general yet standard global model to investigate international effects of wage regulation and of the Asian emergence. The Davis result that European unemployment raises the wage in the US is supported, though the generalisations in our model greatly weaken it. By...

This paper employs a global general equilibrium framework and sensitivity analysis to examine why it is that shocks in one country apprear to transmit to comparatively small changes in real factor rewards in its trading partners.

This paper examines the impact of export orientation, import competition, foreign ownership and the rate of capital accumulation on the relative demand for skilled and unskilled labor in pre-crisis Indonesia.

This paper briefly summarizes the state and the debate and describes the results of a recent study of the links between trade, technical change and labour market behavior.