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Given the intensity of the current debate about the impact of globalization on brain drain in the Third World and … inequality in the First World, it might be useful to look at these forces during the first global century, ending in 1914. This … high-wage, labor-scarce overseas New World economies. It reviews the distribution impact everywhere in the Atlantic economy …
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Over time, the international development community has advocated various development paradigms, but countries following these paradigms have often performed poorly. We provide an explanation for this poor performance. In our model, the political leader of a developing country chooses a policy...
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The causes and consequences of corruption have attracted much attention in recent years by both academics and policy makers. Central in the discussion on the impact of corruption are perception-based indices. While informative, these indices are ordinal in nature and hence provide no indication...
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