Data indicate that there has been an increasing integration of world financial markets. These have raised fears that countries have become vulnerable to external policies and events. This article discusses the need for policy coordination when there is interdependence among countries. The...

Data indicate that there has been an increasing integration of world financial markets. These have raised fears that countries have become vulnerable to external policies and events. This article discusses the need for policy coordination when there is interdependence among countries. The...

This paper reports on the initial results of ESIA-WID’s endeavor to measure the impact of Cagayan Integrated Development Project by tracing its effects from the input point to the ultimate change in household welfare. Analysis indicates that the project have a very strong positive effect on...