Small states should pursue unilateral and multilateral trade liberalization, and members of the African, Caribbean, and Pacifice (ACP) group should expand reciprocal agreements with the European Union (Cotonou Agreement) to the entire OECD. They should intensify South-South regional cooperation...

Is ability drain (AD) economically significant? That immigrants or their children founded over 40% of the Fortune 500 US companies suggests it is. Moreover, brain drain (BD) induces a brain gain (BG). This cannot occur with ability. Nonetheless, while BD has been studied extensively, AD drain...

Based on a welfare-maximization model of skilled migration where education generates a positive externality, this paper examines whether the early view regarding brain drain's (BD) negative impact on source countries and the Bhagwati tax (BT) associated with it, is compatible with the recent...

Though a net brain gain has tended to be seen as a benefit and referred to as a 'beneficial brain drain' in the literature, its welfare impact for source country residents - or non-migrants - is at best ambiguous. Increased educational investment in response to a brain drain is equivalent to a...

Many developing countries depend crucially on open-access renewable natural resources (NR). Trade is generally viewed as hurting the long-term health of NR in commodity-exporting countries. I examine whether trade might be beneficial in the case of population growth. Dynamic general equilibrium...

Production of commodities based on open-access renewable natural resources (NR) has usually been examined under "low" congestion (LC) - where MC AC and both increase with output. I identify two additional congestion categories, "high" (HC) and "super" (SC) congestion - where AC is...

Analysis of open-access common-property natural resource (NR) has occurred under "low" congestion (LC) - where 𝐴𝐶 and 𝑀𝐶 increase with output 𝑄 - and has for the most part ignored the more important congestion categories where 𝐴𝐶 (𝑀𝐶) is backward-bending (negative) and...

Based on a welfare-maximization model of skilled migration where education generates a positive externality, this paper examines whether the early view regarding brain drain's (BD) negative impact on source countries - and the Bhagwati tax (𝐵𝑇) associated with it - is compatible with the...