• Trade barriers seriously distort patterns of international trade, allocation of resources, and economic growth. The total economic costs of the barriers are estimated to exceed $475 billion per annum • Partial reform, such as envisaged in the Uruguay Round, would yield benefits of $195...

This study provides an economic and econometric analysis of agriculture in the economic cycle, with special reference to the recent experience of Brazil. Part One of the paper discusses the economic theory and points to the relevance of classical texts for analysis of agriculture's role in the...

This paper investigates the application of the principle of comparative advantage to policy analysis and policy formulation. It is concerned with both the theory and the measurement of comparative advantage. Despite its central role in economics, the theory is found to be at an impasse, with its...

. Les barrières commerciales faussent la structure des échanges internationaux ; elles altèrent l'affectation des ressources productives et freinent la croissance économique. Leur coût économique total est estimé à plus de 475 milliards de dollars par an. . Une réforme partielle, comme...

From a development perspective, capital flows can both provide significant benefits and entail significant costs. Consequently, the development impacts of capital flows do not readily lend themselves to simple generalizations. This survey considers the development benefits and costs of four...

With rapid globalization, the world is more deeply interconnected than ever before. While this has its advantages, it also brings with it systemic risks that are only just being identified and understood. Rapid urbanization, together with technological leaps, such as the Internet, mean that we...

What are the impacts of population growth? Can our planet support the demands of the ten billion people anticipated to be the world's population by the middle of this century? While it is common to hear about the problems of overpopulation, might there be unexplored benefits of increasing...

This publication includes readings related to the U.N. International Conference on Financing for Development, held in Monterrey, Mexico, in March 2002:(a) "A Partnership for Development and Peace," a keynote speech given by World Bank president James D. Wolfensohn, two weeks before the Monterrey...

Globalization and its relation to poverty reduction and development are not well understood. The book identifies the ways in which globalization can overcome poverty or make it worse. The book defines the big historical trends, identifies main global flows-trade, finance, aid, migration, and...