The Agricultural Productivity Gap (APG) - the ratio of the average labor productivity in non-agriculture to that in agriculture - tends to be very large in developing countries and potentially represents misallocation of resources. This paper makes three contributions to the literature on APG....

It is widely believed that the East Asian economies performed exceptionally well not only in generating growth but also in keeping inequality low. This study tries to answer the questions raised by the claims of exceptionality of income distribution in East Asia. Central findings are that only...

The book contains a selection of papers presented at the Conference on Democracy, Market Economy, and Development, whose objective was to examine the extent of which democracy is important to the achievement of sustainable development. While it is widely accepted that economic freedom, as...