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Markets only function optimally when there is perfect information. Joseph Stiglitz received the Nobel Prize in economics for proving that when there are asymmetries of information markets fail. Information economics, with its better analyses of labour, capital, and product markets, enables the construction of macroeconomic models that provide deeper insights into unemployment, recessions and depressions, and other problems that have marked capitalism since its beginnings.
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This short and lively book lays out the why and the how of promoting US business abroad. America's place in the world depends more than is usually acknowledged on the vigor and global reach of American business. The United States is the world's leading exporter, the world's leading importer, and the world's primary source and destination of funds for foreign investment. Our position as the best place in the world to do business-the most reliable in which to buy, the most lucrative in which to sell, and the safest and surest in which to invest or to raise capital-is a cause, not an effect, of A...
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This study examines the advantages and possibilities for the use of digital signatures to carry out electronic transactions. It focuses on developing and transition countries that have not fully implemented the use of digital signatures in their economic, commercial and productive processes. An important aim of this research is to create awareness on the likely effects for enforcing the use of digital signatures to carry out e-commerce transactions on the economies of developing and transition countries. The study also proposes key issues to be considered for policy-makers in countries in orde...
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Although trade promotion organizations (TPOs) can be a cost-effective tool for developing trade and exports, their usefulness varies significantly from country to country. The author reviews the principles of establishing and structuring successful TPOs, clarifies their roles and defines their specific functions.
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This study intends to give the Palestinian policymakers a tool to support the emergence of an economically-viable Palestinian state through equipping the Palestinian Authority PA with legal, economic, and technical policy advice to prepare the regulation for the development of a trade policy for an independent state; the establishment of a WTO compatible sovereign framework for trade; and permanent economic status negotiation with Israel. The two-state solution is the least common denominator for a just and peaceful solution for the conflict, justice means; economic viability and socio-economi...
Caribbean Development Report, Volume I
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Corruption is believed to be a major factor impeding economic development, but the importance of legal enforcement versus cultural norms in controlling corruption is poorly understood.
ADF-13 Report: Supporting Africa’s Transformation
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Economic Diplomacy: The Level of Development and Trade
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Power and Wealth: The Political Economy of International Power
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King Cotton Diplomacy: Foreign Relations of the Confederate States of America
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A Future for Small States: Overcoming Vulnerability
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The Paris Declaration on Aid Effectiveness and the Accra Agenda for Action
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The Role of the Beijing Olympics in China’s Public Diplomacy and its Impact on Politics, Economics and Environment
The 2008 Beijing Olympics were ardently sought, lavishly staged and hugely successful, despite intense scrutiny, speculation and setbacks. Amplified by modern media, most controversies revolved around China's political repression, epitomised by Tibet brutality. Resultant protests threatened boycott and terror, putting internal cohesion, national image and Olympic dream at stake.
Hanging Together: Cooperation and conflict in the seven power summits
Commercial diplomacy in advanced industrial states: Canada, the UK, and the US
Rethinking trade in education services: A wake-up call for trade negotiators
Education plays a crucial role in fostering personal and social development, as well as economic growth. Government policies play a dominant role in this sector. Over time, trade in education services, particularly at the tertiary level, have been growing in importance. Driving factors include a combination of demographic changes, technological developments, national development goals, and governmental reforms to the funding and provision of higher education. The educational market has grown in size with more exporters entering the field to satisfy growing demand worldwide. The education ...
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This paper shows there is an annual nancing gap of US$39 billion over 2015-2030 for reaching universal pre-primary, primary and secondary education of good quality in low and lower middle income countries.
Small developing economies and the multilateral trading system: A Caribbean perspective
Small developing economies are often constrained in participating in the negotiation and regulation of multilateral trading rules due to severe cost and resource limitations. This article argues that, despite the costs and difficulties, small states must remain engaged in the multilateral trading system in order to ensure that their specialised commercial interests are recognised and to protect their rights. Umbrella entities like the Caribbean Regional Negotiating Machinery (CRNM) provide a means of maximising the influence of small states in an international forum such as the World Tra...
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Ten years ago, Uganda joined other sub-Saharan African Countries with new discoveries of oil; and just as the case always is, this news comes with high prospects for development and economic transformation. These ambitious projections are always based on the success stories of oil money in other countries without prejudice to the fear of the infamous oil curse that results from poor exploitation of oil revenues. With these aspirations at hand, Uganda has clearly stated in its national polices and development plans the fact that the country's development in the next 30 years shall be largely de...
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Economic Diplomacy: India’s experience
Kishan Rana is a widely published former Indian ambassador and Bipul Chatterjee, his co-editor, is the deputy executive director of the Indian NGO, and CUTS International is the the publisher of this book. Both editors are also trained economists. Their volume consists of 25 chapters, all except three written by serving or former members of the Indian Foreign Service. The chapters are divided into five parts, the titles of three of which clearly indicate the broad meaning given by the editors to the term economic diplomacy: ‘Export promotion’; ‘Investment and economic aid’; and ‘Mana...
An assessment of economic and commercial diplomacy in micro-states: A case study of Namibia
Economic diplomacy can become an important tool for foreign policy of the government to promote economic interest of Namibia in relation to trade promotion, attracting investment through channels of diplomacy.
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Report of the Review Committee on Overseas Representation
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Uncertain Times
Not long ago, Latin America was a success story of economic growth. While advanced economies suffered a severe recession during the 2008–09 financial crisis in the United States and western Europe, followed by a weak recovery, emerging market economies were seen as the promise for renewed world economic growth. Latin America was viewed as part of that promise.
Reforming the World Trade Organisation: Developing Countries in the Doha Round
The Role of NRNs in Nepal’s Economic Diplomacy
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Economic Diplomacy: India’s Experience
Kishan Rana is a widely published former Indian ambassador and Bipul Chatterjee, his co-editor, is the deputy executive director of the Indian NGO, and CUTS International is the the publisher of this book. Both editors are also trained economists. Their volume consists of 25 chapters, all except three written by serving or former members of […]
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The title of the master thesis is "Influence of economic relations on bilateral relations". Firstly, three thesis statements concerning the influence of economic relations on non-economic bilateral relations have been developed. In order to validate the thesis statements a methodology was chosen that is mainly data driven and based on two case studies and a data comparison procedure, as opposed to a "theoretical approach".
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Island entrepreneurs: Insights from exceptionally successful knowledge-driven SMEs from 5 European island territories
Message on Switzerland’s International Cooperation in 2013-2016
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Report of the Intergovernmental Committee of Experts on Sustainable Development Financing
Report of the Intergovernmental Committee of Experts on Sustainable Development Financing.
DAC High Level Meeting: Final Communiqué
On 15-16 December 2014 the OECD Development Assistance Committee (DAC) came to an important and historic consensus on how to modernise its statistical framework for measuring development finance to developing countries. It paved the way for the ambitious Sustainable Development Goals (SDGs).
Economic Diplomacy: Ten-point Plan for making it more effective
Graduating from least developed country to middle income country status: A trap for small island developing states?
SIDS tends to perform particularly well with regards to their socio-economic achievements and development endeavours. As a result, several SIDS graduate from their Least Development Country status to Middle-Income Country status. This graduation implies that SIDS are much better-off economically and can do without the special treatments and benefits in terms of Overseas Development Assistance that they were receiving as an LDC. However, and this is the thrust of the argument in this paper, this is not the case at all. The support was and is crucial to SIDS. After all, it was the catalyst which...
Mainstreaming Development in the WTO
The New Economic Diplomacy
The African Diaspora Program: Mobilizing the African Diaspora for Development
Back Channel to Cuba: The Hidden History of Negotiations Between Washington and Havana
This book went to press after the much-publicised handshake between US President Barack Obama and Cuban President Raul Castro at the memorial service for Nelson Mandela in December 2013 – but before their historic, simultaneous announcements a year later, assisted by a prisoner exchange and the good offices of the Vatican, that they were resolved […]
