Conventional economic wisdom has long maintained that there is a necessary trade-off between pursuit of the efficiency of a system and any attempts to improve equity between participants within that system. Economist Robert Lucas demonstrated the implications of this common economic axiom when...

Has the revival of the Association of Southeast Asian Nations (ASEAN) in the early 1990s affected the industrial growth in Indonesia, Malaysia, and the Philippines? Perhaps not in the early years of the revival, primarily because of the countries' long history of intra-regional trade

While the countries of Eastern Europe and the Former Soviet Union have made significant progress in reducing poverty in the past five years, poverty and vulnerability remain significant problems. More than 60 million are poor and more than 150 million are vulnerable. Growth, Poverty, and...

Has the revival of the Association of Southeast Asian Nations (ASEAN) in the early 1990s affected the industrial growth of Indonesia, Malaysia, and the Philippines? Perhaps not in the early years of the revival, primarily because of the countries' long history of intra-regional trade. Has the...

This paper models the impact on economic growth of HIV/AIDS when the epidemic is in a mature phase, in contrast with previous studies focused on periods of expansion, as in African countries. Simulations for Honduras, the epicenter of the epidemic in Central America, show that AIDS is not likely...

This paper models the impact on economic growth of HIV/AIDS when the epidemic is in a mature phase, in contrast with previous studies focused on periods of expansion, as in African countries. Simulations for Honduras, the epicenter of the epidemic in Central America, show that AIDS is not likely...