The central point of this note is that the relationship between market power and inflation depends crucially on the source of inflationary shocks. To the extent that inflation is driven by demand shocks, firms with market power are likely to respond by increasing margins, and thereby amplifying...

The commonly used poverty gap measure is extended to derive and analyse the properties of a poverty burden measure to address the question of whether the elimination of poverty is a feasible objective, given sufficient political commitment. The resources potentially available to address poverty...

The object of this paper is to consider the evolution of policy regarding public ownership and privatization of the Thai electricity industry and the extent to which it can be explained by competing theories of political economy. Public interest, private interest and ideological theories are...