Does Agricultural Growth in Poor Countries Harm Agricultural‐Exporting Rich Countries?

rich diseases in poor countries

Why does capital flow from poor to rich countries?

Lucas’ classic paper (1990) highlighted the paucity of capital flows from rich to poor countries, in contrast with predictions of standard theory. He suggested four explanations – but they cannot explain the copious capital flows from certain emerging relatively low-income countries, notably China, to the USA. Empirical studies confirm Lucas’ observation. Additionally, Prasad et al (2007) showe...

How Rich Countries Became Rich and Why Poor Countries Remain Poor: It’s the Economic Structure . . . Duh!

* This paper represents the views of the authors and not those of the Asian Development Bank, its executive directors, or the member countries that they represent. Participants in lectures given by Jesus Felipe at Singapore’s Civil Service College and at the Singapore Economic Policy Forum in October 2010 made very useful comments and suggestions. Nevertheless, the usual disclaimer applies. Con...

Does Inflation Harm Economic Growth In Iran?

Distributional Effects of WTO Agricultural Reforms in Rich and Poor Countries

" Trade theory is about whose hand is in whose pocket and trade policy is about who should take it out. " Finger (1980)