The goal of the present paper is to analyze changes in the compositional structures of Georgia's economy, explore the related qualitative transformations and explain implications for trade and development. By comparing the evidence of several European countries, we put Georgia's structural...

After the 2001 crisis, Turkey continued to pursue a radical market-oriented reform strategy that followed the philosophy of the Washington Consensus. By the early 2000s the government had already liberalised the capital account, privatised many banks and enterprises, and kick-started the...

Introduction: Arab Development via the Channels of War and Oil / A. Kadri. - PART I: POLITICAL ECONOMY. - 1. Egypt: Failed Emergence, Conniving Capitalism, Fall of the Muslim Brothers, A Possible Popular Alternative / Samir Amin. - 2. The Failure of Arab Macro Policy / Fadle Naqib. - 3. The...

The long and sustained expansion of the nineties has generated, especially in the US, widespread rumours about the "death of the cycle". Nevertheless, towards the end of the last decade, it became clear that fluctuations of economic activity were far from being extinct. This has contributed...