Sprouts of capitalism : bamboo in springtime -- America's retail revolution : the hidden dragon -- Demand-led industrialization : big buyers in Taiwan -- An economic way of life : the round table -- Big business, small firms : meat and soup -- The search for a new economy : the tipping point --...

This paper provides a theoretical model to address the issue of how industrialization affects the structure of international trade. Considering both horizontal and vertical product differentiation, the model shows that intra-industry trade increases when product quality improvement emerges in a...

This paper analyzes developments in the hedge fund industry. The significant growth of hedge funds, driven by institutional investors, has heightened the desire by the official sector to better understand hedge funds and their activities. The paper examines how one may achieve a better...