This paper builds a general equilibrium trade model where a country produces two traded goods and one non-traded public consumption good. The government finances the provision of the public good by taxing the incomes of factors of production, and or by imposing tariffs. Within this framework,...

With reference to the size of the informal sector, Stiglitz (2003) argues that border taxes are superior to VAT in certain developing countries. By way of a quantitative example this paper shows that, while Stiglitz' claim is probably will turn out to be correct, a large informal sector is not a...

Technological advance and improvements in communication technologies have facilitated the offshoring of jobs worldwide, where a typical scene following the supply chain involves developing countries importing finished products from developed countries that contain developing country labor...

This study investigates the potential trade flows between developing (DCs) and least developed countries (LDCs) as a result of tariff liberalization using a computable general equilibrium model called the GTAP-model. Both unilateral and bilateral tariff liberalization has been examined and...

Two issues stand out in this conversation. The first concerns the unfinished business of the global fight against the scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic performance - affordable and efficient public...

Global Value Chains (GVCs) have become a central topic in trade and development policy but little is known about their actual impact on economic performance because data availability has been limited. Using a new unique set of Inter- Country Input-Output tables with extensive country coverage, I...

The recent global economic crisis which originated in the global North but quickly spread to the global South has raised questions about the desirability and viability of export regimes primarily orientated towards the markets of high-income countries. The experience of crisis and contagion made...

Effects of different reformatory policies have always been a pulsating concern for the researchers and policy makers. Considering this concern, this paper attempts to check various effects of reformatory policies such as labor market reform, tariff cut, change in subsidy, bureaucratic reform in...