This study investigates the role of the trading volume in explaining the shift of firm's total and systematic risk when a dividend change is announced. We compared the differential interpretation hypothesis and pre-announcement disagreement hypothesis with more than 20,000 samples collected for...

Abstract This paper examines the generation and uses of expert knowledge around trade matters and the WTO’s Doha Development Agenda (DDA) in particular. It examines the input of such experts into the negotiation process, particularly through what is emerging as the dominant method of trade...

Abstract The conclusion of the World Trade Organization’s (WTO) ninth ministerial meeting—held in Bali 3-7 December 2013—is at one and the same time momentous, marginal, and business-as-usual. It is momentous because it marks the first multilateral agreement reached in the WTO since the...

Finding a new job is not the only problem the unemployed face. How to manage the loss of income, status and identity can also be a serious consideration for those in between jobs. In-depth qualitative interviews reveal that family, friends and wider networks are important mainstays in helping...

This introductory essay situates the subsequent special issue within a comparative framework that helps to unpack the new global politics of development. It argues that there is a set of countries beyond Brazil, Russia, India and China – often described as ‘the BRICs’ – that are emerging...

This study tests the hypothesis that defence spending “crowds-out” civil investment. It uses UK data for 1974-96. The results suggest that the crowding-out of investment takes place entirely in the private sector.

Abstract Aid for Trade (AfT) has gained prominence as an innovative form of donor support in the era of the ‘post’-Washington Consensus. Institutions such as the World Trade Organization (WTO), the US Agency for International Development (USAID), the European Commission, and the UK...