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Econometric analysis has established a negative relationship between labor supply and remittances in Jamaica. The authors incorporate this ex-post evidence in a general equilibrium model to investigate economywide effects of increased remittance inflows. In this model, remittances reduce labor...
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As Asia's economic growth process matures, regional integration offers important opportunities to sustain and extend the achievements of the more dynamic economies. Benefits from this process will include geographic diversification, often toward superior growth rates, as well as structural...
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Like most petroleum producing countries, Indonesia experienced a sharp deterioration in its export conditions during the early 1980s. Given the country's heavy reliance on oil taxation and relatively low per capita income, this exogenous shock seriously disrupted development plans and induced...
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