Resource curse theory claims that resource abundance encourages violent conflict. A study of 37 oil-producing developing countries, however, reveals that oil states with very high levels of oil revenue are remarkably stable. An analysis of the ways in which governments spend oil revenues...

The international empirical evidence on the economics of education reveals one central insight and two puzzles, which are all relevant for the case of the Baltic States. The central insight is that social rates of return to education tend to be higher than the social opportunity costs of...

Der Vorwurf von Globalisierungsgegnern, der IWF und die Weltbank trügen einen wesentlichen Teil der Verantwortung für weltweite Armut und gehäufte Finanzkrisen, ist nicht haltbar. Der Einfluss der Bretton- Woods-Institutionen auf die Wirtschaftspolitik und die wirtschaftliche Entwicklung...

The International Monetary Fund (IMF) is under serious attack. Some critics blame IMF lending for having contributed to the spreading of financial crises in emerging markets. Consequently, they call for putting an end to IMF lending. This radical proposal rests on the contention that official...

Kürzlich ist die ursprünglich von James Tobin vorgeschlagene Steuer auf Devisenmarkttransaktionen wieder in die politische Diskussion gerückt. Die deutsche und die französische Regierung haben sich bereits im vergangenen Jahr positiv zur Einführung einer Tobin-Steuer geäußert. Anfang 2002...

Globalization improves the prospects for developing countries (DCs) to catch up economically with industrialized countries. But not all DCs will automatically benefit from globalization. Some DCs even face the risk of being delinked from the international division of labor. Differences in DC...

Die Bilanz der bisher erreichten Fortschritte bei der Bekämpfung der weltweiten Armut fällt ernüchternd aus. Zwar haben einige Staaten, insbesondere in Asien, den Einkommensrückstand zu den Industrieländern im Zuge der Globalisierung vermindert. Dazu gehören die bevölkerungsreichen...

Globalised markets and production patterns offer favourable opportunities to raise world income. Yet globalisation also fuels conflicts about the distribution of welfare gains within and across countries. Various developing economies are poorly prepared to meet the challenge of fiercer...

Estimations of the shadow economies for 145 countries, including developing, transition and highly developed OECD economies over 1999 to 2005 are presented. The average size of the shadow economy (as a percent of "official" GDP) in 2004/05 in 96 developing countries is 36.7%, in 25 transition...

The paper empirically explores the international economic effects of gender discrimination, namely the linkages of gender inequality with comparative advantage (trade) and foreign direct investment flows. It discusses different forms and the extent of gender discrimination across countries and...