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Past attempts to generalise the Stolper-Samuelson Theorem have used a matrix of real income terms which is sufficient but not necessary to define a change in utility. In contrast, one can define a second matrix of terms which are necessary and sufficient for a change in indirect utility. Using...
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<ul> <li>Chinese Taipei; Hong Kong, China; Korea and Singapore (the East Asian Newly Industrialised Countries or NICs) have been successful in attaining income convergence with high-income countries while Latin American countries remain caught in the Middle-Income Trap.</li> <li>The East Asian NICs pursued...</li></ul>
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<ul> <li>There is no unique model of reform for infrastructure that is equally applicable to all countries.</li> <li>Fixed-line privatisation has often failed due to weak economic and institutional endowments.</li> <li>Governments and International Financial Institutions (IFIs) should consider alternative options to...</li></ul>
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<ul><li>ASEAN countries should play a more active role in the international standard-setting process for carbon labelling.</li> <li>Fragmented, bottom-up approaches to carbon labelling may lead to a proliferation of different labelling schemes, acting as a constraint to ASEAN exports.</li> <li>Carbon labelling should be...</li></ul>
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. Les barrières commerciales faussent la structure des échanges internationaux ; elles altèrent l'affectation des ressources productives et freinent la croissance économique. Leur coût économique total est estimé à plus de 475 milliards de dollars par an. . Une réforme partielle, comme...
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