Preface -- Acknowledgements -- Transformation of land tenure system -- Agricultural reforms during the 1980s -- Land tenure system in village communities -- Gender inequality in land tenure system -- Food security and the future of small farmers -- Development in Tibetan agriculture -- Impacts...

We examine the existing fiscal policy paradigm in commodity-exporting countries. First, we argue that its centerpiece-the permanent income hypothesis (PIH)-is not consistent with either intergenerational equity or long-term sustainability in the presence of uncertainty. Policies to achieve these...

This paper provides empirical evidence that the size of the spillovers from U.S. monetary policy to non-oil GDP growth in the GCC countries depends on the level of oil prices. The potential channels through which oil prices could affect the effectiveness of monetary policy are discussed. We find...