The study by Rama and Sa (2005) focuses on identifying similarities between the findings of the CGE studies. The present study attempts, instead, to focus on differences. Do studies really differ that much? This overall question is addressed by providing a detailed review of assumptions, data,...

During the past two decades Vietnam has witnessed increasing engagement with the world market, achieved through entry into numerous international trading agreements, altered border policies, institutional reforms, and relaxation of controls on foreign investment. These endeavors have been repaid...

This paper examines Vietnam’s experience with bilateral trade agreements and compares subsequent outcomes with predictions from existing computable general equilibrium (CGE) models. Those model based assessments have greatly underestimated the impact of past agreements. Tariff reform is not...

As a developing nation in the process of undergoing successful and relatively equitable development, Vietnam is recognized as an example of the potential opportunities afforded by a successful trade driven development strategy. Improved understanding of the linkages between trade, growth, and...

Future trends of China's agricultural trade have been a subject of considerable debate among agricultural economists. One particular problem is that China may be a large country relative to some world agricultural markets, yet virtually all previous studies assumed a perfectly competitive world...

The US and the EU use outward processing arrangements to shift labor intensive apparel operations to neighboring countries who have significantly lower labor costs, to promote demand for their capital-intensive textiles, and to provide economic assistance to the developing countries. They...

Foreign aid looms large in the public discourse; and international development assistance remains squarely on most policy agendas concerned with growth, poverty and inequality in Africa and elsewhere in the developing world. The present review takes a retrospective look at how foreign aid has...

This paper reviews and assesses the process of economic transformation in Mozambique with emphasis on the strategies and policies pursued by the Frelimo government in the first decade after dependence in 1974. Focus is on the agrarian sector and its various sub-sectors, and both main...

Quantitative project analysis drifted out of focus in academia during the 1980’s. Nevertheless, discrete projects remain the bulk of international development assistance. The present state of affairs is outlined: the application of basic principles is examined in case-context; and serious...

Globalization poses special challenges for economies in transition, particularly those which have been slow to reform systems of administered prices. Such allocation mechanisms now encounter significant friction from external market forces, and it is vital for policymakers to better anticipate...