The black market exchange rate premium is widely used in the empirical literature as an indicator of trade and exchange rate distortions. This paper presents a simple test of the null hypothesis that the black market exchange rate is a reliable indicator of the equilibirum exchange rate. The...

The concept of Non-State Actors (NSAs) is relatively new within the parlance of civil society organisations (CSOs) or Non-governmental Organisations (NGOs) connotations. The term NSA emerged from the 2000 Cotonou Agreement which regulates the cooperation mechanism between the two groups of...

There is a serious threat that ill-considered government support for expanding legal means of controlling access to information for the purpose of extracting private economic rents is resulting in the 'over- fencing of the public knowledge commons' in science and engineering. Such a new 'tragedy...

Bolivia has the most advanced microfinance sector in Latin America and has been a model worldwide. Apex organizations--second-tier wholesaling mechanisms that lend and offer non- financial assistance to retailing microfinance organizations--have not been responsible for this success. Former and...

The experience of the five examined industries (agro-food in Chile, cut flowers in Kenya,garment in Lesotho and in Mauritius and seafood in Thailand) demonstrates that non-traditional industries can emerge and achieved strong growth rates in very diverse settings in terms of geography and...

The question that needs to be asked with regards to the impact of tourism on Jamaica is do we in Jamaica know the real potential of the industry?

The diffusion of modern, efficient technology has far-reaching consequences for the geography of economic activity, inequality and environmental quality. This article examines two popular yet highly controversial claims about the conditions most favorable to the rapid spread of new technology....

In order for Jamaica to transition from a Developing Country to a Developed Country it will be highly necessary to create a Knowledge based society, the inability to seriously overcome this challenge will mean Jamaica will be in transition to a developed country for an infinite number of years....

Paper presented at St. Antony's College in Oxford in 1965. The Czechoslovak Economic Reform of 1960's was designed on the basis of the new theoretical approach that rejected the incompatibility of planning and market economy and accepted the Convergence Hypothesis.