Several developments in international trade in services impact strongly on developing countries: First, the world-wide diffusion of information technologies (IT) has created new export opportunities for developing countries in IT services. Second, the recently proclaimed Millennium Development...

This paper discusses possible strategies for developing countries in negotiations on trade in services in the ongoing WTO Doha Development Round (DR). The liberalization of service imports (including through direct investment) will generate benefits through higher quality, lower prices, and...

We explore the uses of double-calibrated general equilibrium models as a decomposition tool for analysing contributory factors in the growth and increasing wage inequality in an advanced economy (the UK) since 1979. Calibration of a model to start and end years, based upon an assumed functional...

Do the sovereign wealth funds of Kazakhstan and Azerbaijan promote the sustainable use of government oil revenues? We review the operational rules and performance of the two funds and compare them to Norway’s Government Pension Fund Global. The key challenges are to stabilize government...

This paper analyses the causes of the precipitous fall in trade among the twelve CIS countries since 1990; points out the implications for industrial restructuring; and discusses the policy options for regional reintegration. The main finding is that the decline in intra-C!S trade was initiated by...

This paper discusses the benefits as well as the adjustment problems resulting from the proposed accession of the member countries of the Commonwealth of Independent States (CIS) to the World Trade Organisation (WTO). In the area of trade-related policies, the CIS countries will have to make...

This paper provides empirical evidence on how the international diffusion of industrial process innovations is affected by a country's level of economic development. It analyses annual data on newly installed machinery in the spinning and weaving industries, where open-end rotors and shuttleless...