The Himalayas are of great strategic importance for China and India but the remote region remains relatively underdeveloped. This paper conducts a comparative analysis of China's Tibet and India's Ladakh with the aim of identifying common and idiosyncratic factors relevant for local economic...

This paper examines the relationship between output volatility and growth using regional data from South Korea over the period 1985-2003. The estimation is conducted using volatility that varies across regions as well as across time. The findings indicate that provinces with higher volatility...

Regional economies in emerging countries vary greatly in terms of their global integration. External shocks, therefore, require adjustment mechanisms that reflect local conditions. This paper focuses on the role of real exchange rates (RER) in the economic performance of regions. In particular,...