Both raw intuition and past experience suggest that the success of an employment guarantee scheme (EGS) in safeguarding the welfare of the poor depends both on the wage it promises, and the ease with which any worker can gain access. An EGS is thus at once a wage guarantee and a rationing...

We explore two hitherto poorly understood characteristics of the human-trafficking market—the cross-border ease of mobility of traffickers and the elasticity of buyers’ demand. In a model of two-way bargaining, the exact configuration of these characteristics is shown to determine whether...

The book examines the achievements of the Uruguay Round of trade negotiations in reforming the world trading system and the challenges to future reforms. It begins with an overview of the genesis of the world trading system and moves on to examine the key issues as they relate to developing...