Tax concessions have been employed as a central component of the development strategy in the small island states comprising the Eastern Caribbean Currency Union. This paper compares the costs of concessions in terms of revenues forgone with the benefits in terms of increased foreign direct...

Over the past two decades, the growth rate of outward foreign direct investment (FDI) from developing and transition economies has increased significantly. Given the role of physical capital accumulation in determining the economic growth rate, it is important to assess how domestic investment...

This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and...

Examines whether the relocation of labour-intensive or unskilled assembly activities to developing countries raises overall skill requirements. Argues that these firms may stay dependent on the lead company in the international production network but could also be integrated into the global economy.

Argues that the global organization of production accounts for much of the expansion in trade and foreign direct investment (FDI) and that the functional integration of production activites in different locations has led to an intensification of global economic integration.

This private sector assessment reviews Fiji’s private sector environment in 2006–2012, against recommendations made in ADB’s 2005 Promise Unfulfilled: Private Sector Assessment for Fiji. While fiji has made considerable reform progress in a number of areas (including tax reforms,...

This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...