Both theory and empirical evidence show that high rates of protection significantly depress economic development. It is an unfortunate fact that industrial countries maintain barriers to imports, while...
The author examines the impact of the Uruguay Round on four South Asian countries with similar trade structures: Bangladesh, India, Pakistan, and Sri Lanka. These countries are major exporters of textiles...
Bahrain's economy is characterized by producer and consumer subsidies and, possibly misaligned currency. These subsidies have resulted in lower savings rates than would be consistent with the country's...
The authors compare economic performance in the CFA (franc) zone with the economic performance in similar countries outside the CFA zone in recent years. The results of their model estimates indicate that...