In the wake of the financial crisis of 2008, governments worldwide undertook massive fiscal interventions to stave off what might otherwise have been a system-wide financial and economic meltdown. These...
In the wake of the financial crisis of 2008, governments worldwide undertook massive fiscal interventions to stave off what might otherwise have been a system-wide financial and economic meltdown. These...
The first years of the 21st century were characterized by more prudent macroeconomic policies in the developing world, the positive impact of debt relief on low-income countries (LICs), and positive growth...
In this paper, the authors explore the complex, long, and unique process of accession to the World Trade Organization, with its intertwined economic, legal, and political dimensions. Referring to country...
Heavily indebted low-income countries benefited from significant debt relief over the past decade. Under the Heavily Indebted Poor Countries (HIPC) Initiative and the Multilateral Debt Relief Initiative...
This paper tests a neo-Schumpeterian model with industry-level data to analyze how Brazil, India, and China are catching up with South Korea’s technological frontier in a globalized world. The paper validates...
The multilateral trade system rests on the principle of nondiscrimination. The most-favored-nation (MFN) clause embodied in article one of the General Agreement on Tariffs and Trade (GATT) was the defining...
The first 20 completed WTO accessions have raised systemic concerns that ought to be of interest to existing WTO members as well as to applicants. The first concern is that the growing price of WTO accession...
In the early hours of August 1, 2004, the World Trade Organization General Council reached a decision on frameworks to continue with the multilateral trade negotiations under the Doha Development Agenda...
New technology and the liberalization of telecommunications markets are putting increasing stress on the accounting rates regime - the system used by telecommunications carriers to settle their international...
The restructuring and privatization of the U.K. electricity supply - was it worth it? by David M. Newbery and Michael G. Pollitt. A retrospective on the Mexican toll road program (1989-94), by Jeff Ruster...
In February 1997, sixty-nine governments of high-income and developing countries agreed to liberalize their basic telecommunications services under an agreement negotiated through the World Trade Organization...
The authors look at the rise of the Internet as the main application behind the emerging global information infrastructure. Many now believe that the Internet provides a window into a future in which access...
About 20 percent of the total production of tropical timber is traded internationally. But for Indonesia, Malaysia, Papua New Guinea, and some countries in West-Central Africa, tropical timber trade accounts...
Will developing countries benefit economically from strengthening their protection of intellectual property? They have been repeatedly urged to do so by developed nations, most recently in the ongoing...