This paper is an investigation of price-setting behavior in Chile, Israel and Korea when each of these countries moved from a fairly closed to a more open international trade regime. In some cases, the...
This paper reviews four stylized facts about Korea's development strategy including neutral incentives between sales on the domestic and external markets; large foreign aid flows early on in the choice...
In 1974, after two decades of a market-oriented economy, Jamaica changed its economic regime from liberal to populist. In 1980 there was a return to the liberal regime, accompanied by price decontrols...
An adequate understanding of the characteristics and operation of labor markets in Argentina also requires an adequate understanding of the development strategies followed by the country and their consequences...
This paper analyzes economic aspects of non-tariff barriers to trade in the context of the quotas and voluntary export restraints that were imposed on footwear trade during 1977-81. The paper surveys the...
The paper provides both an examination of recent labor market trends in Zimbabwe and an evaluation of recent policies. The first part supplies a labor market overview, an analysis of employment and wage...
This paper examines the determinants of bilateral trade in manufacturing industries, including the factors affecting inter-industry as well as intra-industry specialization. The results provide support...
Applied general equilibrium models have become a major tool for the economic analysis of developed and developing countries. Although the theoretical background for these models is well established, the...
A comparative overview will be presented of domestic policies (macroeconomic and agricultural) in Kenya, Malawi and Tanzania and their influence on the extent and character of agricultural growth. The...
The purpose of this paper is to evaluate Korea's macroeconomic prospects and major policy issues for the next decade. After reviewing the intial conditions, the report examines growth strategies, and prospects...
This paper sets out to examine the economic effects of exchange rate changes in developing countries by the use of alternative definitions of the real exchange rate. The evidence presented in the paper...
This paper examines the reasons for the shift towards the privatization of public enterprises in developing countries and the conditions under which privatization will bring the desired results. It is...
The paper reviews the proximate objectives the exchange rate regimes of developing countries may serve. These objectives include eschewing foreign exchange restrictions, maintaining realistic exchange...
A comparative overview will be presented of domestic policies (macroeconomic and agricultural) in Kenya, Malawi and Tanzania and their influence on the extent and character of agricultural growth. The...
This paper reviews the effects of legislation and government institutions upon labor costs and employment in the Indian manufacturing sector. It specifically examines wage determination, industrial relations...
This paper reviews the debate on the macroeconomic effects of foreign aid. The paper starts with an analytical review of the meaning of a foreign exchange bottleneck and of the criticisms raised against...
The paper develops and estimates a simple transcendental logarithmic model of production for three developing countries. The hypothesis of separability of imported inputs from the primary factors is tested...
Previous work on income tax evasion has assumed that taxpayers are dishonest, while tax collectors are honest. Such a clear 'moral' asymmetry is seldom observed in developing countries. The present paper...
The paper suggests a method which enables the user to identify commodities that all individuals who can agree on certain weak assumptions with regard to the social welfare function will agree upon as worth...
Although Minimum Wage (MW) regulations are an old tradition in Latin America, controversy about their effects on inflation, unemployment, wage flexibility and international competitiveness has become central...