This paper is concerned with welfare effects of self-regulation. It considers one group of heterogeneous producers modelling incentives they face when collectively deciding about production and trade of a commodity and employing a technology that take into account the trade-off between quality...

The paper seeks to assess the impact of adjustment reforms on Sudan taking the current account balance as policy performance indicator. The paper shows that the government own reforms were more effective than those imposed by the IMF or the World Bank. It further illustrates that both policy and...

Join the European Union club implies, among many other policy changes, full integration of Romania's expected to have significant implications for domestic farmers and food processors. The paper constructs a single-country Applied General Equilibrium (AGE) model to investigate the impact of...

Applied general equilibrium modelling represents a powerful tool for assessing future likely economic changes due to upcoming or hypothesised policy shocks such as those brought about by EU enlargement. It entails the main advantage of considering the complex simultaneous linkages, interactions...

This paper calls attention to the instrumental role of democracy and press freedom in combating corruption. As opposed to an autocracy with no or limited press freedom, a free press in a democracy can inform voters about the corruption of political representatives, and voters in turn can punish...

How can an escalation of tensions between the major ethno-religious groups be avoided in a democratizing Iraq? The first section explains why and under which conditions democratization may stir up, rather than palliate ethnic conflicts: when networks of civil society organizations have not yet...

The present paper investigates how ethnic violence and civil war in Sri Lanka have affected local property rights institutions . I use local case studies to analyze the institutional relations and alliances between civilians and combatants in the emergent society of violence that shapes local...

The objective of this paper is to systematically incorporate lobbying in a microeconomic model of the profit maximizing farmer, derive testable implications of the model and apply it to establish the link, or lack thereof, between policy benefits transferred to farmers and their lobbying...

This paper analyses the determinants of the size of the informal economy using cross-country regressions. Two sets of global data using indirect estimation techniques and the perception of business leaders for 109 countries as well as a regional set for Latin America based on direct data are...