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This paper models the inter-temporal allocation of foreign development aid to Papua New Guinea (PNG). A formal theoretical model of aid allocation is developed, in which aid to any one country is determined jointly with aid to all other recipient countries. This is recognized in the econometric...
Persistent link: https://www.econbiz.de/10010279298
Quantitative studies estimate that potential two way trade between India and Pakistan can be about 10 times than its rather unsatisfactory current level of $ 613 million. Moving towards realizing this trade potential is clearly in the interest of both countries and the region. In this context...
Persistent link: https://www.econbiz.de/10011807589
Persistent link: https://www.econbiz.de/10013370174
Im Zeitalter der Globalisierung (seit etwa 1980) sind weltweite Ungleichheit und absolute Armut – entgegen den … robuster signifikanter statistischer Zusammenhang zwischen der Weltmarktöffnung in den achtziger und dem Wirtschaftswachstum in … den neunziger Jahren. Globalisierung allein reicht aber nicht aus, sondern es sind ferner flankierende Reformen im Sinne …
Persistent link: https://www.econbiz.de/10011893290
This paper argues that both openness and poverty in a country are endogenously determined by the country’s long-term economic development strategy. Development strategies can be broadly divided into two mutually exclusive groups: (i) the comparative advantage-defying (CAD) strategy, which...
Persistent link: https://www.econbiz.de/10010284522
This paper considers emerging commercial policy challenges facing the Asia-Pacific region in light of the impasse reached at the Eighth World Trade Organization (WTO) Ministerial Meeting in December 2011. It underscores that, while marginal liberalization of trade barriers under the Doha...
Persistent link: https://www.econbiz.de/10010397243
This is an attempt to derive broad, strategic lessons from the diverse experience with economic growth in last fifty years. The paper revolves around two key arguments. One is that neoclassical economic analysis is a lot more flexible than its practitioners in the policy domain have generally...
Persistent link: https://www.econbiz.de/10010294587
Persistent link: https://www.econbiz.de/10011294852
Thailand's development strategy has been strongly market-oriented and open to trade and investment flows with the rest of the world. Since the late 1950s, its growth performance has been outstanding. Poverty incidence has declined dramatically, but economic inequality has increased. Economic...
Persistent link: https://www.econbiz.de/10010333039
Industrialization occupies a central place in the rich tapestry of development theory and practice. Although that place has varied over time, many have agreed with Nicholas Kaldor that the kind of economic growth that leads to high real income per capita can only occur through industrialization....
Persistent link: https://www.econbiz.de/10010273465