This study examines the impact of the African Growth and Opportunity Act using the synthetic control method, a quasi-experimental approach. The novelty in the approach is that it addresses problems of estimation that are prevalent in nonexperimental methods used to analyze the impact of...

Economic growth in Emerging East Asia reached a cyclical peak of 7.2 percent in 2004 from which it is expected to slow only moderately to about 6 percent in 2005 and 2006. The tragic tsunami disaster, while it had a horrendous impact in terms of loss of life, is expected to have only a limited...

Cambodia has recorded both rapid economic growth and macroeconomic stability in recent decades despite (or thanks to) high levels of dollarization. Previous studies on dollarization in Cambodia have largely focused on examining its causes and estimating seigniorage losses. As an attempt to...