India has created the basic rules of modern economic and political life. While the country’s institutional framework needs strengthening, it will allow India to prosper without drastic changes. Gradual economic reform has transformed India, putting it on a much faster growth path. Economic...

This paper reviews the central features of France’s capital controls in the 70's and 80's and strives to assess their ability, in the context of various exchange rate mechanisms, to regulate capital flows and to stabilize the exchange rate while allowing France to preserve a measure of...

The financial form of capital organisation, the economic structure of production activities, the employment relationship are strongly linked, even interdependent. One of these terms might as well dominate the other ones. Any Regulation mode may be characterised with a particular combination of...

In this article, we propose to evaluate the robustness of the main indicators of international financial integration by indicating their principal results as well as their limits. Empirical studies, whatever the indicator of integration which is chosen, conclude that the recent period is...

Devant l'impasse grandissante des différentes stratégies de réponse conçues pour conjurer le problème de la dette extérieure et eu égard aux effets pervers de ce mode de financement, il y a aujourd'hui un consensus pour admettre que les investissements directs étrangers (IDE) pourraient...

French abstract: Les règlements du Centre international pour le règlement des différends relatifs aux investissements (CIRDI) ont évolué à plusieurs reprises au cours de leurs presque soixante ans d’existence. Cet article se penche sur l’évolution la plus récente, à savoir les...

French Abstract: Le droit international des investissements est un domaine en pleine évolution, dont la réforme est apparue comme une nécessité, au risque de voir la protection internationale d’investissements s’effondrer. L’Union européenne, qui a commencé à négocier ses premiers...

Labour productivity in the U.S. non-farm business sector grew two and a half per cent per year during the 1995-2005 period, nearly double its growth rate over the previous two decades. Services sector labour productivity (LP) and multifactor productivity (MFP) grew more rapidly and substantially...

The objective of this paper is to develop a more comprehensive understanding, from a policy perspective, of key drivers of labour productivity in selected OECD countries and their impact on enhanced productivity performance. The paper first presents some general lessons from the productivity...