The very rapid economic growth of the People's Republic of China (PRC), its dramatic success in world export markets and its heavy receipts of foreign direct investment (FDI) have generated much thought and debate in policy and business circles in different parts of the world. This paper surveys...

Thinking on economic policy for development has undergone many shifts in response to the perceived weak results of earlier adjustment reforms. A new donor consensus has emerged based around the central themes of economic growth, good governance and social development. This article examines the...

Like many countries, Sri Lanka has used Export Processing Zones as a means of promoting manufactured exports. This article uses a cost-benefit approach to estimate the returns to the national economy from the main zones. Overall, the zones are found to be economically efficient with an economic...

Rivalry in trade between China and its regional neighbours in ASEAN has become a major preoccupation for many regional policy-makers. For these reasons, strengthening the basis of empirical evidence on regional trade relations is especially important, and this paper does so in two ways. Using...

Ms. Tsakok [1] has done a useful job in summarising and commenting on the various estimates of shadow prices which appeared in the symposium on shadow pricing in Pakistan, published in the Summer 1979 issue of this Review. However, her discussion of my paper in the symposium [3] 1 is...