The East Asian development experience is still not well understood – especially the region’s clustered, sequential development process and neighbourhood effects linking economies at different levels of industrial development. Until now, the development impact of OECD-country policies had...

Trade-policy reform is an essential feature of China’s economic transition to a market economy. On the one hand, the liberalisation and decentralisation of export activities has boosted exports. On the other hand, the reform of China’s import regime has been progressing much more slowly....

This paper discusses major policy issues related to commodity dependence and export diversification in low-income countries. Contrary to some widely-held view, it argues that natural resources are not necessarily a “curse” — that they do not condemn low-income countries to underdevelopment...

During the 1990s, China has experienced a surge in imports of services, particularly those of communication, insurance and other business services, despite the fact that the authorities have maintained a plethora of restrictive measures limiting access to the service sector. Not only does this...

En créant et en exploitant des « idées », l’activité des entreprises privées tire la croissance, dans les pays riches comme dans les pays pauvres. La mise en place d’un environnement propice aux affaires est une condition nécessaire mais non suffisante pour promouvoir le secteur...

[eng] Monetary Co-Operation in East Asia: Causality and Cointégration Tests by Kiichiro Fukasaku and David Martineau . This paper studies the East Asian economies' monetary policies following the liberalisation of the monetary markets over the 1980-1995 period. We discuss conditions for...