Neoliberal logic and institutional lethargy may well explain part of the reason why governments pay little attention to how their economic and development policies negatively affect health outcomes associated with the global diffusion of unhealthy commodities. In calling attention to this the authors encourage health advocates to consider strategies other than just regu...

1 The Mexican crisis of 1994 and its unprecedented international spillover through global financial markets signaled the dawn of a new era in capital-markets crises that challenged, and defeated, both economists' theories and practitioners' policies. Around that time, there was heated debate as to whether this crisis differed from previous Mexican crises triggered by fiscal indiscipline and rea...

Recent strong growth of China’s exports has elevated the country to a rising global economic power and caused geo-political concern to policy-makers in the country and its trading partners world-wide. What are the determinants of this growth, how has it affected major economies in ASEAN (World Bank, 2009) in particular, and what kind of evidence-based responses are required and appropriate? The...

In structuring this conference, the organizers have made the sensible decision to devote separate sessions to the problems of developing and developed countries. When attempting to confront unsustainable fiscal policies, developed economies are relieved of many of the economic constraints with which developing countries must deal. With greater wealth, more stable and credible governments, and m...

This paper studies the growth and performance of foreign investment enterprises in developing countries in the context of global economic integration and domestic reform with a focus on Vietnam as a case study. A model of enterprise performance is constructed to provide empirical findings and evidence-based policy implications on the role of capital, investment, monetary and development pol...

The Sovereign Money Initiative will be submitted to the Swiss people in 2018. This paper reviews the arguments behind the initiative and discusses its potential impact. I argue that several arguments are inconsistent with empirical evidence or with economic logic. In particular, controlling sight deposits neither stabilizes credit nor avoids financial crises. Also, assuming that deposits at the...

The ultimate goal of macroprudential policy is to prevent and reduce the costs systemic financial crises, thus contribute promoting sustainable economic growth. However, despite active role played by such policies in recent decades, there still limited empirical evidence regarding whether prudential regulation effective enhance stability preventing mitigating crisis risk. This paper seeks close...