This Article, a sequel to earlier articles by the author on financial regulation and global finance, retrieves and updates J. M. Keynes’s original International Clearing Union plan for what ultimately became the International Monetary Fund (“IMF,” “Fund”).  Its motives are not...

This dissertation examines the effects of neoliberal economic policies in Latin America in 25 years (the 1970-1995 period), focusing especially on macroeconomic stabilization under IMF support and on IMF and World Bank structural adjustment lending, where the debate centers on the effect of...

Diversification, a buzzword in the Middle East for much of the past two decades can only be likened to the phrase “dependence on foreign oil” used by American politicians during US elections. And indeed much like the latter has been mentioned by every president since Richard Nixon, it seems...

Multinational enterprises (MNEs) from Spain made large foreign direct investments (FDIs) in Latin America between 1990 and 2002, making Spain the second largest direct investor in this region since 1998, behind the United States. This dissertation explains the reasons that led Spanish firms to...

Within the next few months, the Greek government, is supposed to persuade private creditors holding about EUR 200bn in its bonds to voluntarily exchange their existing bonds for new bonds that pay roughly 50 percent less. This may work with large creditors whose failure to participate in a debt...

The first essay proposes to test the Grossman and Helpman "Protection for Sale" model using data from the U.S. food processing industries at the 4-digit level. The Grossman and Helpman model departs from previous frameworks of trade protection in that it provides micro-foundations to the...

This research offers an empirical analysis of the economic effects on Morocco from implementing a Free Trade Area (FTA) with the European Union (EU) signed in 1996. Since the FTA translates largely into unilateral discriminatory tariff elimination against EU imports, there are concerns about the...

This dissertation explores the influences of minimum quality standards and of the threat of entry in a vertical product differentiation model. In the first chapter, I study the influence of minimum quality standards in a partial-equilibrium model of vertical product differentiation and trade in...

The study used a modified version of an applied general equilibrium model and database, GTAP, to generate comparative static projections about the future patterns of production, consumption, trade and agricultural protection, focusing on the SEA-4 countries. Exogenous regional macroeconomic...

Geography matters. This is the fundamental premise of this thesis. All three essays utilize time series/cross section data on bilateral trade flows amongst the nations of the world to provide insights about how important developments in one part of the global economy affect other countries. Two...