Globalization increasingly involves less-developed countries (LDCs), i.e., economies which usually suffer from severe imperfections in their financial systems. Taking these imperfections seriously, we analyze how credit frictions affect the distributive impact of trade liberalizations. We find...

We examine the supply-side and demand-side determinants of global bilateral food aid shipments between 1971 and 2008. First, we find that domestic food production in developing countries is negatively correlated with subsequent food aid receipts, suggesting that food aid receipt is partly driven...

Gegenstand der vorliegenden Arbeit ist die Bedeutung von Patentschutzfür den Technologietransfer von Industrie- in Entwicklungsländer. Für den technologischen Wandel in Entwicklungsländern hat Technologietransfer eine hohe Bedeutung, seine genauen Bestimmungsgründe sind jedoch vor allem aus...

In 1977 Sri Lanka was the first of the South Asian countries to decisively move away from the protectionist import-substitution trade policies that for many years had damaged their economic efficiency and hobbled their economic growth. Albeit with back-tracking episodes, Sri Lanka's liberalising...

The aim of the paper is to investigate convergence tendencies in the SADC region and to determine whether the EPA/EBAI policies between SADC and EU_27 member states will promote such convergence tendencies. The analyses of the EPA/ABAI policies make further conclusion on SADC member states’...

En este texto se muestra cómo en las últimas décadas la dirigencia colombiana ha optado por un patrón de acumulación basado en el comercio primario exportador en dos fases diferenciadas pero continuas de apertura de la economía, en sentido contrario al modelo de acumulación que se está...

How far is it a benefit to be classified as a LDC? To address this issue several approaches are conceivable.A first approach would be to consider how the developing countries themselves perceive the benefits and costs of membership. [...]A second approach consists to review all the measures that...

How far is it a benefit to be classified as a LDC? To address this issue several approaches are conceivable.A first approach would be to consider how the developing countries themselves perceive the benefits and costs of membership. [...]A second approach consists to review all the measures that...

This paper depicts the agricultural policy reforms and structural changes in Bangladesh from independence to the present times. Bangladesh agriculture has experienced major structural changes and achieved major successes over the last three and a half decades. Reforms began in the late 1970s and...

Recent macroeconomic research discusses credit market imperfections as a key channel through which inequality retards growth. Limited borrowing prevents the less affluent individuals from investing the efficient amount, and the inefficiencies are considered to become stronger as inequality...