The main objective of this paper is to provide estimates of the cost of moving out of subsistence for Madagascar's farmers. The analysis is based on a simple asset-return model of occupational choice. Estimates suggest that the entry (sunk) cost associated with moving out of subsistence can be...

The global financial crisis exposed great shortcomings in the global economic architecture, generating extensive international debate about possible remedies for these deficiencies. The postwar global architecture was guided by major developed economies, centered around the IMF, the GATT, and...

Purpose – The purpose of this paper is to explore consumer behavior regarding women's decisions concerning fashion in the emerging marketing of Kazakhstan. Design/methodology/approach – Literature review formed the basis of the questions asked to several focus groups and in‐depth...

Governments are striving to define the terms of international cooperation to address climate change. This paper considers whether there are lessons to be learned from more than six decades of international cooperation on trade through the GATT/WTO. It argues that in comparison to trade...