Purpose – This paper attempts to show that Chinese post‐socialist transformation has involved a deep change in growth regime. Design/methodology/approach – The authors begin by detailing the institutional background of the study: the Chinese post‐socialist transformation. They compare...

Purpose – The paper aims to examine the effects of exchange rate fluctuations on real output, the price level, and the real value of components of aggregate demand in Egypt and Turkey. Design/methodology/approach – Building on a theoretical model that decomposes movements in the exchange...

Purpose – The aim of this paper is to analyse the cross‐country variation in the growth elasticity of poverty across a sample of developing countries during the period from 1990 to 2000. Design/methodology/approach – In order to identify variables that may explain the cross‐country...

Purpose – The purpose of this paper is to document the transformation of developing Asia's manufacturing sector during the last three decades. Design/methodology/approach – The paper briefly discusses the transformation during the last 30 years and benchmarks the sector by estimating a...

Purpose – This paper attempts to show that Chinese post-socialist transformation has involved a deep change in growth regime. Design/methodology/approach – The authors begin by detailing the institutional background of the study: the Chinese post-socialist transformation. They compare growth...

Purpose – Over the last two decades global cross-border investment has increased. State-owned and managed, sovereign-wealth funds (SWFs), largely from the emerging-market economies, have started playing a decisive role in underpinning, sustaining and expanding financial globalization. This...

Purpose – This paper aims to assess the feasibility of the proposed Caribbean Monetary Union (CMU) by examining the synchronization of business cycles within CARICOM. According to the literature on optimum currencies, the synchronization of business cycles is a key requirement for the...

Purpose – The paper aims to examine the effects of exchange rate fluctuations on real output, the price level, and the real value of components of aggregate demand in Egypt and Turkey. Design/methodology/approach – Building on a theoretical model that decomposes movements in the exchange...

Purpose – This paper aims to examine the place of the Shell Petroleum Development Company (SPDC) in the sustainable development of the Niger Delta. Design/methodology/approach – To achieve this objective, the paper takes an overview of the oil industry and the Niger Delta. The paper further...

Purpose – This essay aims to analyze the process of structural adjustment in developing countries. Its focus is on macroeconomic stabilization in the short-term, but the analysis is situated in a wider context to consider how it relates to the implications of structural reform in the...