We develop an empirical model allowing for the identification of four different resource mobilization climates describing the period between 1986 and 2002. Those climates are based on different constellations of gross capital formation and domestic savings rates: super investor (high savings,...

Generally, the primary goal of international policy cooperation is to prevent nations from pursuing mutually harmful policies. This paper states this imperative more precisely. Assuming that the primary goal of national economic policy is to internalise externalities, production possibility...

Why is, in developed nations, foreign trade policy favoured to direct income redistribution to counteract rising income inequality resulting from globalisation? Foreign trade theory suggests that a politician's wisest policy was to capture all welfare gains from free trade and to redistribute...

Petrochilos, George A. (2003). Managerial Economics: A European Text. Palgrave McMillan.

Purpose – The purpose of the paper is to model the human development potentials of democratization, demilitarization, industrialization, and family planning that different developing regions tap and forego. Design/methodology/approach – The authors develop and estimate a human development...