Tourism is one of the most important economic activities in the world: for many countries it represents the single largest product in their export basket.
Special Economic Zones (SEZ) have played an important role in Panama's successful growth story over the previous decade.
This paper develops a model of intermediated exchange with budget-constrained traders who are embedded in a trading network. An experimental investigation confirms the theory’s baseline predictions.
We study the impact of international long-distance flights on the global spatial allocation of economic activity.
While young children's rights have received considerable attention and have accordingly advanced over the past two decades, the rights of adolescents have been neglected.
The mood of much of the world is grim these days.
Outsourcing government service provision to private firms can improve efficiency and reduce rents, but there are risks that non-contractible quality will decline and that reform could be blocked by ve
Two big questions look somewhat different than they did 10 or 20 years ago. First: would the long-term trend of globalization continue?
A sketch of the International Monetary Fund’s 70-year history reveals an institution that has reinvented itself over time along multiple dimensions.
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