Free trade and customs union agreements are the rage. Hundreds of bilateral and regional free trade agreements have been notified to the World Trade Organization (WTO), which in theory quot;regulatesquot; them under Article XXIV of the General Agreement on Tariffs and Trade (GATT).1 For example,...

This paper reviews the political economy of extractive resources and the associated resources sector governance agenda. The consensus that good sector governance improves the developmental impacts of extractive resources exploitation is premised on the understanding that institutions matter for...

Between 1997 and 2014, US corn, soybean and cotton production almost fully converted to genetically modified crops. Starting around 2007, improved tight oil and shale gas technologies turned the declining US fossil fuel production into a booming industry. We study the effects of these two...