The given paper assumes the existence of a correlation between the occupational structure and the mode of social and economic development of a country. It is shown that the modern stage of development in advanced economies could be described by the post-industrial phase with (a) the specific...

The development of Abu Dhabi and Dubai during past years seems breathtaking. Both emirates pursue a strategy of diversifying their economic structure and thus of becoming less dependent on oil and gas. The obvious goal is to secure their prosperity for an era beyond oil. Diversification is a...

This paper develops a dynamic Ricardian trade model that incorporates productive infrastructures into the manufacturing sector financed by tax. We investigate the relationship between the timing of opening trade and total welfare. We also compare the two kinds of total welfare: the total welfare...