We model the production allocation choices of a multinational enterprise (MNE) in a three-country framework - one northern country and two southern ones. Products made in the South are of lower quality than those made in the North. Substitutability between goods differs due to variations in...

Poverty reduction in the Asia and the Pacific region in 2005–2008 had been quite significant. Despite the global crisis, an estimated 150 million people exited extreme poverty by 2008 - from 903.4 million in 2005 to 753.5 million, bringing the percentage of people living under the $1.25 per...

Poverty reduction in the Asia and the Pacific region in 2005-2008 had been quite significant. Despite the global crisis, an estimated 150 million people exited extreme poverty by 2008 - from 903.4 million in 2005 to 753.5 million, bringing the percentage of people living under the $1.25 per day...