Migrant remittances are an increasingly important source of income for the transition economies. For many of these economies, remittances are the largest type of international financial inflow and are larger than either capital inflows or official development assistance. These remittance inflows...

The eurozone is in political and economic crisis. This is due to the inadequate design of the institutional structure of the eurozone and to the current poor implementation of macroeconomic policy. In designing the eurozone, well established principles of economics were ignored and major...

This paper describes how the global financial crisis of 2007-2010 impacted trade both globally and more specifically for the European emerging economies, which in terms of GDP decline, were the most negatively impacted economies in the world. Just as with GDP, the trade of the European emerging...

This paper discusses some broad conceptual challenges that need to be addressed in order for the world to benefit more from the ongoing process of globalization. At the broadest level, the theme of this paper is that globalization requires a complementary institutional infrastructure that needs...

This paper investigates how U.S.-Mexican intra-industry trade (IIT) has evolved since the creation of the NAFTA beginning in 1994.

In spite of its growing importance, the international trade literature has neglected the study of the service sector. This paper seeks to start to bridge that gap by studying the structure of services trade. Specifically, this paper looks into the prevalence of intra-industry trade in this...

The economic and financial crisis of 2007-2009 had a serious impact on the larger European region. For western Europe this was the deepest economic downturn since the Second World War. Given the well-developed safety nets for this region the immediate impact on health is likely to be minor....

The Pan-European Region made significant progress from 1995 to 2007 in improving the economic, social, environmental and health indicators incorporated into the Millennium Development Goals (MDGs). However, given the huge set-backs associated with the transition recession in the early 1990s and...

Europe's economic performance has deteriorated continuously over the last two decades both in terms of its unemployment and its labor force participation rate; more recently its productivity has declined relative to the United States. This is due to a complex interaction between the how these...

This paper shows how the process of outsourcing results in economic changes in factor usage and productivity in developed countries that might be misinterpreted to be biased skilled-labor using technological change. Presented at the 13th International Conference,Istanbul, San Antonio, Texas, May...