For many decades the United States has enjoyed great economic success in international markets. In recent years, however, the competitivenessof many American goods and services has diminished. 

The analysis of a new dataset on state prisoners in the 1900 to 1930 censuses reveals that immigrants rapidly assimilated to native incarceration patterns. One feature of these data is that the second generation can be identified, allowing direct analysis of this group and allowing their...

The study analyses whether there is long term comovement among the African daily stock market indices using bivariate and multivariate Johansen cointegration. Using the Vector Error Correction Model (VECM), we then examine the short run dynamics for the market portfolios where cointegration...

This report was prepared by Mr. Kerfalla Yansane, a member of the Committee for Development Policy, as a background paper for deliberations by the Committee at its seventh session. The first part of the report reviews the status and trends in achieving the Millennium Development Goals (MDGs) in...

The present paper was prepared by Ms. Willene Johnson, member of the Committee for Development Committee, as a background paper for deliberations by the Committee at its eighth session. This study reviews policy efforts to advance growth and development in the least developed countries, in...

Le proposte legislative per la politica di coesione dell’UE per il periodo 2014-’20 fanno riferimento alla strategia macroregionale vista come sistema evoluto di cooperazione territoriale. Non esiste una definizione normalizzata per la strategia europea macroregionale; questo termine, si...

Inflation dynamics in advanced countries have produced two consecutive puzzles during the years after the global financial crisis. The first puzzle emerged when inflation rates over the period 2009-11 were consistently higher than expected, although economic slack in advanced countries reached...

Krugman's verdict that competitiveness of countries is a largely meaningless concept is a serious misjudgement of the economics profession. Countries compete for the mobile factors of production, most importantly for capital and technology. The exit-option of these factors and of firms changes...

The Competition Policy is - by its two components: in a specific language known as "antitrust" and state aid - a barometer of market operation, a component of a functional market economy. Although this chapter makes no direct reference to macroeconomic indicators, the promoted policy is defined...

We examineways in which economists can communicate more effectively to policymakers and the broader public about offshoring and international trade.