This article provides evidence that patent protection can have a positive effect on trade, by analysing the impact of the implementation of intellectual property rights (IPR) in developing countries on the US exports of pharmaceutical products, following intense lobbying efforts from the US...

Globalization probably had less impact on regional inequalities than fiscal distortions

There is a general consensus that most subsidies to fisheries, particularly fuel subsidies, are harmful to both the economy and the environment. As the World Trade Organization struggles to come to an agreement on fisheries subsidies, understanding the position of the negotiating countries is...

Vietnam has been following China’s path closely and very successfully for the last two decades, since the adoption of ‘Doi moi’ in 1986. Over those last two decades, economic growth rates in both countries have been the highest worldwide (with GDP growing by 8 per cent and 10 per cent per...