In understanding the proliferation of free trade agreements (FTAs) in Asia since 2000, it is important to distinguish between two types of FTAs in terms of a legal basis on either General Agreement on Tariffs and Trade (GATT) Article XXIV or the Enabling Clause. The latter provision can be used...

Growth has been sluggish in Pacific island countries (PICs). High cost of credit is likely one of the reasons. While the small scale, geographic dispersion, and vulnerability to shocks increase the cost and risk of credit in this country group, there is considerable variability in interest rate...

Latin American economies are exposed to substantial external vulnerability. Domestic imbalances and terms of trade shocks are often exacerbated by sudden financial distress. This paper explores ways of overcoming external vulnerability, drawing lessons from a detailed comparison of the response...

In this article we examine the change in the mix of income and benefits that older adults receive as they age, with a focus on older women. Our study is a crossnational comparison of five OECD countries using the Luxemburg Income Study database. We investigate the change of private income and...

A prime objective for welfare state activities is to take action to enhance population health and decrease mortality risks. Poverty has for several centuries been seen as a key social risk factor in these respects. Consequently, the fight against poverty has historically been at the forefront of...