This paper examines export performance in Georgia in the process of transition from central planning to market oriented economy. Policy reforms undertaken with the support of the Bretton Woods institutions since the mid-1990s have made Georgia one of the most market-friendly economies among the...

This paper revisits the institutional determinants of foreign direct investment (FDI) using a comprehensive new data set on the regulations that govern FDI in more than 80 countries. It exploits the presence of confirmed zero investment flows between countries to estimate productivity cut-offs...

A revenue-neutral switch from trade taxes to domestic consumption taxes is fraught with implementation challenges in countries with a large informal sector. It is shown for a sample of low-income countries over 25 years that they have had a mixed record of offsetting reductions in trade tax...

At the turn of the 21st Century, Asia pulled one billion people out of poverty in one generation, a meteoric rise suddenly stalled by the COVID-19 pandemic. This volume examines the strengths of the Asian-Pacific response to the pandemic and weaknesses that the region must re-engineer to...