This paper studies how the effect of trade openness on economic growth depends on complementary reforms that help a country take advantage of international competition. This issue is illustrated with a simple Harris-Todaro model where output gains after trade liberalization depend on the degree...

Introduction -- Section I: Rapid Entry and Development of Enterprises -- Section II: Rapid Land Conversion -- Section III: Financial Deepening and Financial Stability -- Section IV: Learning Through Opening Up -- Section V: Proactive Macroeconomic Management.

In this paper we examine the performance of the Irish economy over the period 2008 to 2014. In particular we examine whether the recovery observed was due to the successful adoption of structural reforms in labour and product markets or whether the improved performance was due to a rebalancing...

This paper analyzes the cyclical characteristics of China’s economic growth and inflation since reform and opening-up, and explores the intrinsic link between the two. The study will be a guideline to keep a good balance between economic growth and inflation

The authors study how the effect of trade openness on economic growth depends on complementary reforms that help a country take advantage of international competition. This issue is illustrated with a simple Harris-Todaro model where output gains after trade liberalization depend on the degree...

What are the determinants of economic reform efforts? This paper tries to throw light on this question by examining recent reforms in Brazil, a country which followed a gradualist approach and was a late-starter among Latin American economies. We argue that these first generation reforms (trade...