"This paper accomplishes two objectives. First, it provides simulation results from a computable general equilibrium (CGE) model that have helped focus the debate about the potential effects of agricultural trade liberalization on developing countries. The aggregate numbers show modest net...

Global modeling has evolved remarkable in the last two decades. Such evolution led global modeling to perform today's role as an experimental laboratory for the social sciences, and particularly for applications to policy planning. Two of the most interesting applications to policy are to...

"Do firms in developing countries shift trade towards developed economies as a result of high economic growth? The matched customs-manufacturing firm data used in this study confront this hypothesized link with empirical evidence. Our analysis reveals a rising low-income country trade share...

What can microfinance contribute to the creation of employment and the increase in well-being of the population? We argue that microfinance has an important benefit for the poor, particularly for subsistence entrepreneurs, as a means of handling shocks and smoothing income. By helping to assure...

Remarks at the Economic Club of New York, New York City.

Remarks at the Economic Club of New York, New York City.

This article describes core changes, both theoretical and practical, of DC's action unity and its new features after the globalization acceleration during the 90's and the beginning of 21st century. Following re-defintion of basic terminological issues the authors show that the "unity of...