The outstanding world market success of East and Southeast Asian countries (ESAEs) provides lessons for Central and Eastern European countries (CEECs) striving to penetrate Western markets, even though starting conditions were strikingly different between these country groups. While ESAEs...

Globalised markets and production patterns offer favourable opportunities to raise world income. Yet globalisation also fuels conflicts about the distribution of welfare gains within and across countries. Various developing economies are poorly prepared to meet the challenge of fiercer...