We extend agency theory to propose that structural reform positively impacts firm profitability in developing countries because the improvements in external monitoring that accompany structural reform decrease the agency costs faced by firms. However, we also argue that not all firms benefit...

We discuss most favoured nation (MFN) treatment in trade agreements, and its significance for developing countries, suggesting that its value to individual countries depends critically on the relevant model solution concept used to evaluate it. We analyze both rights to MFN treatment in foreign...

This Capstone paper explores the question of how more effective human resource management and organizational structuring can be used as tools for responding to needs in Countries in Special Development Situations (CSDS) while forging the path for sustainable development. It examines, through the...

Foreign direct investment (FDI) is a key option for economic growth in most, if not all, developing countries. However, not all developing countries are equally open to foreign investment. Some restrict foreign equity, while others encourage multinational corporations to enter their markets....

In earlier papers we have argued that the Kyoto Protocol is not sustainable as a global climate change policy and have proposed an alternative policy regime based on a coordinated but decentralized system of national permit trading systems with a fixed internationally negotiated price for...

In 1996 the natural resource base of the world is being depleted at a rate far below the sustainable level. This is very evident in less developed countries (IDC), where raw limited natural resources are being poorly utilized and/or exported to more developed countries (MDC). The More Developed...

This dissertation examines whether the vicious circle theory applies in three developing countries characterized by high population growth. According to the vicious circle theory, natural resource scarcity coupled with poverty leads to population growth via positive effects on fertility...

The role of exports in economic growth continues to be debated and tested in the literature on trade an development. China is a new player in this debate with its rapid entry into international makrets. This paper extends some of the previous empirical studies on the relationship between exports...