This paper analyses a longitudinal dataset on legal protection of shareholders over a 36 year period, 1970--2005, for four advanced countries, the UK, France, Germany and the USA. It examines two aspects of the legal origin hypothesis--whether shareholder protection is higher in the common law...

Professor W. B. Reddaway (known to friends and colleagues as Brian Reddaway) was an exceptional economist who had a huge influence on how economics in Cambridge has been taught and researched. He held leadership positions in the Faculty of Economics and Politics at Cambridge for 25 years,...

Rapid industrialization in the third world during the last three decades and the continuing fast expansion of the South's manufacturing exports to the advanced countries has raised the question whether these have, or will in the future, lead to "deindustrialization" in the North. This paper...

The statistical objections raised against the Singer-Prebisch thesis regarding the secular decline in the terms of trade of primary products in relation to manufactures, do not have as sound a basis as is generally supposed they have on a priori grounds. The projection of that historical...

This article examines the unemployment consequences of an employment protection law (EPL) on the basis of OECD EPL indicators for 23 OECD countries over the period 1990–2008. Using the alternative dynamic panel data models and panel causality tests, it examines the validity of the neo-liberal...