We propose a novel theory of financial contagion. We study global coordination games of regime change in two regions … attacks, bank runs and debt crises, our theory of contagion is supported by existing evidence and generates a new testable …

Students around the world are going to school but are not learning -- an emerging gap in human capital formation. To … percent of the world's population from 2000 to 2017. The data set will be publicly available and updated annually by the World …

as a result affect world prices for the specific products concerned. Market failures and market structures (market power …

Crash. Theory suggests several hypotheses for why it was not in the interest of many firms to lobby for protection …. World Trade Organization disciplines raise the cost of using trade policies for member countries and have proved to be a …

Progress in educational development in the world since 1900 has been slow and uneven between countries. Providing basic …

This paper summarizes the major arguments and proposals to reform the modus operandi of the World Trade Organization … internal and external transparency of World Trade Organization processes. Some proposals for structural reform ignore incentive … constraints and the fact that the World Trade Organization is an incomplete contract that must be self-enforcing. Others -- such …