A recent Commission Staff Working Paper, based on collaborative research with Groupe d'Economie de Mondiale in Paris, estimates that the Common Agricultural Policy reduces GDP in the European Union, and lowers overall global welfare by about US$45 billion.The Common Agricultural Policy (CAP) of...

Models of the Chinese Economy is an authoritative and comprehensive book which will enable readers to gain a more thorough understanding of this important economy. The authors focus on economic modelling of the current Chinese economy for forecasting and policy simulation purposes. Dynamic...

We analyse the global economic effects of two influenza pandemics that represent extremes along the virulence-infectiousness continuum of possible pandemics: a high virulence-low infectiousness event and a low virulence-high infectiousness event. We do this by applying results from a...

Early 2009 saw the emergence of an H1N1 influenza epidemic in North America that spread to eventually become a global pandemic. Previous work has suggested that pandemics can have large macroeconomic effects on highly affected regions; here we estimate what those effects might be for Australia....