The compensation hypothesis predicts a positive causation from international economic openness to the size of the public sector, as governments step in to perform a risk mitigating role to counterbalance the increasing exposure to external risk and the economic dislocations caused by growing...

Global pharmaceutical pricing strategies have been debated in published literature; however, these debates have not accounted for the differences in elasticity of demand between the public, private and cash paying markets. A mathematical model is presented that explores several plausible...

This presentation comments on Rajah Rasiah's paper Fostering Clusters in the Malaysian Electronics Industry. The document covers a brief summary of the paper's main findings, a series of comments and suggestions, and lessons from the Malaysian experience and from clusters in the Andean region....

ILO pub-WEP pub. Working paper on export-led economic growth and employment in Korea R, 1945 to 1982 - covers economic planning, foreign investment, the labour market, labour productivity, trade unions, the industrial sector (especially the textile industry and the electronics industry) and...