In this note, we reconsider the notion of ‘economic sovereignty.’ We argue that a small country may need to invest in assets of the sort of a port even when the common scale-economy argument indicates that using a port of a neighbouring country will be more cost effective. The reason for...

In this chapter we revisit the relationship between income and fertility. There is overwhelming empirical evidence that fertility is negatively related to income in most countries at most times. Several theories have been proposed in the literature to explain this somewhat puzzling fact. The...

In this chapter we revisit the relationship between income and fertility. There is overwhelming empirical evidence that fertility is negatively related to income in most countries at most times. Several theories have been proposed in the literature to explain this somewhat puzzling fact. The...