Developing countries with comparative advantage in dirty industries face the risk of environmental degradation unless appropriate policy is implemented to curtail industrial emission. Using applied general equilibrium analysis, we examine how trade influences the transfer of environmental...

Economic emergence of the People's Republic of China (PRC) and India has fundamentally altered the economic landscape of Asia and its relation to the global economy. Using the new dynamic global model, we present forecasts for Asian expansion over 2025. These baseline growth forecasts elucidate...

With the emergence of People's Republic of China (PRC) and India, the economic landscape of Asia and its relation to the global economy have been changed. Using the new dynamic global model, we present forecasts for Asian expansion over 2025. These baseline growth forecasts elucidate shifting...

As Asia's economic growth process matures, regional integration offers important opportunities to sustain and extend the achievements of the more dynamic economies. Benefits from this process will include geographic diversification, often toward superior growth rates, as well as structural...

Linkages between international trade and the domestic environment are receiving intensified scrutiny by researchers and policy makers alike. This is especially the case in developing countries, where trade can be a significant agent of change and growth. While trade policies are increasingly...

The environmental impacts of economic activity have become an increasingly urgent concern in both OECD Member countries, as well as in non-Member countries. Research in this area is still in its infancy, and the data required to buttress analytical studies is still sparse. This paper describes...

Economic globalization is increasingly challenging traditional, closedeconomy intuition about linkages between demand, supply, and employment. In some parts of the world, substantial employment growth is arising from external demand while, in other areas, there is growing concern that domestic...

After two generations of economic growth, the next phase of structural transformation for Asia will have several salient features. Our results suggest that no single policy orientation, pathway, or even destination will apply to all economies. The main driver for each economy's structural change...

In many economies, domestic migration has been one of the primary forces animating economic modernization. In other contexts, it has intensified urban and rural poverty and led to chronic social and economic problems. Although internal migration has largely run its course in the industrialized...