The authors estimate the potential commercial benefits that tropical timber producing countries could enjoy by adopting timber certification schemes. Such benefits are crucial for encouraging the supply of certified timber. Timber certification is a reality: various countries and organizations...

Las negociaciones del TLC han generado ya una voluminosa bibliografía, concentrada en las implicaciones potenciales de este arreglo minilateral para las economías de México, Estados Unidos y Canadá. También han despertado cierto interés las implicaciones económicas del TLC para el resto...

About 20 percent of the total production of tropical timber is traded internationally. But for Indonesia, Malaysia, Papua New Guinea, and some countries in West-Central Africa, tropical timber trade accounts for more than 50 percent of production. Although the tropical timber trade has often...

This paper tests a neo-Schumpeterian model with industry-level data to analyze how Brazil, India, and China are catching up with South Korea’s technological frontier in a globalized world. The paper validates Aghion et al.’s inverted-U hypothesis that industries that are closer to the...

Heavily indebted low-income countries benefited from significant debt relief over the past decade. Under the Heavily Indebted Poor Countries (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI), assistance of about $117 billion in nominal terms had been committed to 35 HIPC as of...