Charles Kennedy, Honorary Professor of Economic Theory at the University of Kent at Canterbury, died from a pulmonary haemorrhage at his home on 4th November 1997, aged 74. This paper is an appreciation of his life and work.

This paper seeks to analyse the major determinants of differences in the domestic savings ratio between countries using panel data for 62 countries over the period 1967-1995. A basic distinction is made between the determinants of the capacity to save and the willingness to save. The capacity to...

This paper measures the tax effort of a sample of fifty-nine developed and developing countries over the period 1995-2015 by comparing a country's actual tax/GDP ratio with the ratio predicted derived from an international tax function which relates tax revenue to various measures of a country's...

The paper reviews the evidence of the impact of trade liberalisation on the economic performance of poor developing countries with respect to poverty reduction, the distribution of income within countries, the distribution of income between countries, trade and the balance of payments, and...

Charles Kennedy, Honorary Professor of Economic Theory at the University of Kent at Canterbury, died from a pulmonary haemorrhage at his home on 4th November 1997, aged 74. This paper is an appreciation of his life and work.

This paper examines the process of trade liberalisation in Mexico, particularly since the mid-1980s and the signing of the NAFTA agreement, and its impact on economic performance. The average growth of GDP of the Mexican economy since liberalisation has been only one-half the rate...

The paper questions the assumption in all of mainstream growth theory that the Harrod natural rate of growth is exogenously determined and independent of the pressure of demand in an economy. First a simple statistical technique is presented for estimating the natural rate of growth, and then it...

Charles Kennedy, Honorary Professor of Economic Theory at the University of Kent at Canterbury, died from a pulmonary haemorrhage at his home on 4th November 1997, aged 74. This paper is an appreciation of his life and work.