The Genuine Progress Indicator (GPI) is estimated as if nations operate within a closed economy. Therefore, in terms of coverage, the GPI is most analogous to Gross Domestic Product (GDP). Indeed, within the relevant literature, these two indicators are most often contrasted. However,...

In our research we examine the foreign investments from the change of regime, privatization; EUaccession, possibilities offered by subventions (2004-2006); so the experiences of the last 15 years, and we draw upthe expectations from the actual New Hungary Rural Development and National...

Most developing countries that have embarked on structural adjustment have embraced export promotion strategies. In Zimbabwe's case, export promotion is coupled with attempts to increase flows of foreign capital. However, there is no universal agreement on the efficacy of such policies. The...

The purpose of this study is to analyze the most important motives that make companies consider while operating out of their borders into other potential markets. It will also analyze the factors of internal and external environment. Therefore, the goal of this research is to analyze the motives...

This paper explores patterns of discrimination between residents and foreign creditors during recents sovereign debt restructurings. We analyze 10 recent episodes distinguishing between neutral cases in which the sovereign treated creditors equitably irrespective of their nationality and...

This paper highlights the way in which workers of different age and ability are affected by anticipated and unanticipated trade liberalisations. A two-factor (skilled and unskilled labour), two-sector Heckscher-Ohlin trade model is supplemented with a education sector which uses skilled labour...

This paper examines the issue of decoupling economic growth and pollution through growth driven by productivity improvements; and the extent to which pollution effects spill over national borders. Focus is widened from conventional production measures of pollution to a consumption accounting...

Este artículo analiza la contribución de la competencia de importaciones a la divergencia regional entre áreas metropolitanas de Estados Unidos. Se acredita que el fuerte aumento de las importaciones de bienes manufactureros de China tuvo un impacto significativo en la polarización...

Summary of Banco de España Working Paper no. 2115

My dissertation is composed of three essays on Development Economics in China. The first chapter, co-authored with Hongbin Li, evaluates the impact of the 8-7 Plan, the second wave of China's poverty alleviation program, on rural income growth at the county level over the period 1994-2000. Since...