This paper presents a lecture given by Anne Krueger. Since the mid 1997 the news has been full of Asian financial cirses, attacks on currencies, drops in exchange rates, insolvencies of financial insitutions and IMF actions. The story has been different in each country, which is the the theme...

Many quantitative studies have shown a stylised fact that fluctuations in business fixed investment dominate the business cycle pattern. The dynamics of the investment process have historically been seen as important elements of capital formation and economic progress. Why is it then that...

This paper tries to describe the current status of the economic analysis of regulatory issues and uses it to describe the insights that can be produced by marriage of formal economic analysis and actual practice.

This paper considers the efficient use of a natural resource in which increased recreational use results in increased degradation. Users treat degradation as an external cost, and do not take it into account in their choice of use.

This study analyses and compares child health in Pakistan, Peru, Jamaica, Russia and South Africa. These countries, which are culturally, economically and politically quite diverse, display considerable variation in the state of child and health, and in the nature and magnitude of the effects of...

This paper examines the incidence of worker displacement in Australia between 1984 and 1996. Similar to recent international studies a particular focus is on whether job security declined between the 1980s and 1990s. It is found that a significant, but apparently temporary, increase in the...