UK universities are publicly funded to carry out teaching and research. Since the mid-1980s, the bulk of the research stream of institutional grants has been allocated on the basis of periodic research assessment exercises, the most recent of which was completed in 2001. The results of RAE2001...

This paper draws out some key lessons from the trade policy experience of transition economies during the 1990s. It does so by examining what trade policy was actually pursued, covering liberalisation of trade in goods and services, liberalisation of the capital account and the approach towards...