The main purpose of the paper is to analyze different channels for innovations. We consider the influence of various incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal orientation, peculiarities of corporate demography,...

Although in the post-World War II period as a whole, developing countries have made substantial economic and industrial progress, during the last decade or so, many of them, particularly in Latin America and Africa, have been in an acute economic crisis . As a consequence, these countries have...

Abstract The East Asian countries have achieved a spectacular average rate of economic growth over the last 30 to 40 years, with very substantial diversification and economic development. Korea, for example, managed to transform itself from being a largely agricultural society in 1960 to the...

The WTO’s new Agreement on Trade Facilitation (ATF) will help to reverse the region’s deceleration of overall export growth and, when implemented, could add as much as 3 percent to regional GDP and lift employment across the region by 1.2 percent. In the region’s developing economies,...

This is an important and ambitious book but its timing could not be more unfortunate. It is the result of a two year research project co-sponsored by the Economic Development Institute (EDI) at the World Bank and by the Center for Economic Policy Research at Stanford University. The contributors...

The World Trade Organization’s new Agreement on Trade Facilitation has the potential to significantly reduce East Asia’s trade costs along the entire supply chain, increasing regional gross domestic product (GDP) by 2.7 percent and employment by 1.2 percent. At present, the region’s...

Abstract Although in the post-World War II period as a whole, developing countries have made substantial economic and industrial progress, during the last decade or so, many of them, particularly in Latin America and Africa, have been in an acute economic crisis. As a consequence, these...

Should the U.S. reassess its grand strategy and as part of this reassessment change its policy perspective strategically in Asia? These are difficult and contentious questions. However, given the current turbulence in global politics and political economy, their importance is undeniable. I argue...

Abstract As the East Asian economic crisis has unfolded over the last six months, it has become common place for informed Western commentators to suggest that the crisis has essentially been caused by the specific model of capitalism -- the so-called “Asian model”-- that these countries had...