Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...

This paper empirically explores the connection between two recent phenomena in the European scenario: the dramatic upsurge of non-tariff trade measures and the remarkable rise in the role of European business lobbies. While these two facts have been widely recognized by the international trade...

In this paper, we analyze the role of intuitive versus deliberative thinking in stag hunt games. To do so we, first, provide a conceptual framework predicting that, under the assumption that stag is the ruling social convention in real life interactions, players who make their choices fast and...

In 1980 Feldstein and Horioka (F-H) found high saving-investment cross-section correlation among OECD countries and interpreted this result as evidence of low capital mobility. Such a inconsistency between the conventional wisdom about capital mobility in the last decades and its empirical...

This paper develops a NATREX (NATural Real EXchange rate) model for two large economies, the Eurozone and the United States. The NATREX approach has already been adopted to explain the medium-long term dynamics of the real exchange rate in a number of industrial countries. So far, however, it...

This report concentrates on the development of an overall strategy for promoting export growth in Sierra Leone. This follows a specific request from the Sierra Leone authorities, in the context of the International Growth Centre (IGC) Country Programme of Sierra Leone. This report was carried...

Export promotion policies refer to the set of foreign trade policies targeted to exports enhancement. The aim of the present paper is reviewing the wide experience collected by the various countries in the past. Our purpose is two-fold. On the one side, our contribution aims at identifying the...

The role of economic theory is to suggest models and indicators that allow in identifying when foreign debt of a developing country is sustainable and when it is “excessive.” The IMF and the World Bank define the external debt sustainability of a country as its ability to meet the current...

Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...