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City Air and City Markets: Worker productivity gains across city sizes
labor force human resources policy and applications agglomeration and externalities urban and regional spatial structure city size city systems wages productivity learning
2014/11/27
Higher nominal wages in urban areas are well-documented phenomena which imply higher productivity of urban workers. Yankow and Wheeler show that these gains come through a variety of sources including...
The rapid growth of sovereign wealth funds (SWFs) in the last few years has important theoretical implications for scholarly debates concerning the political economy of global finance. It signals a re...
COMPETITION AND MONOPOLY IN WORLD OIL MARKETS：The Role of the International Oil Companies
International Oil Companies OIL MARKETS crude-oil petroleum products
2008/12/24
Since the early 1870s, when John D. Rockefeller began assembling
Standard Oil of New Jersey, the large, usually American-owned
and -managed, oil companies have been the most famous and controversial...
As the gains from privatization necessarily increase with the density
ofusage ofthe commons, it is quite natural that wefind the movement
to privatize public land holdings emerging, Privatization is...
MARKETS, MANDARINS, AND MATHEMATICIANS
Indian Economic Policy economic ideefixe Peter Bauer
2008/12/4
I would like to begin on a personal note, in part to expiate past sins
of omission, partly to allow me to illustrate a major theme of this
paper.
GOVERNMENT INTERVENTION IN HEALTH CARE MARKETS AND HEALTH CARE OUTCOMES：SOME INTERNATIONAL EVIDENCE
GOVERNMENT INTERVENTION HEALTH CARE MARKETS
2008/11/22
Introduction
Continual and significant price inflation has characterized the
health care sector of the United States since the 1960s. In turn, the
rising medical priceshave contributed to increased...
COMPETITIVE MARKETS FOR ELECTRICITY GENERATION
COMPETITIVE MARKETS ELECTRICITY GENERATION electricity markets
2008/11/21
The Trend toward Competition
This paper discusses the feasibility of replacing regulation or state
ownership with market competition in electric power generation.
Interest in competitive electricit...
REGIONAL AND MULTILATERAL TRADE AGREEMENTS：COMPLEMENTARY MEANS TO OPEN MARKETS
MULTILATERAL TRADE AGREEMENTS OPEN MARKETS World Trade Organization North American Free Trade Agreement
2008/11/19
Free trade advocates face more than just the constant challenge of
reminding the public and policymakers of the virtues of open global
markets. They also confront theoretical and practical questions...
THE ARGUMENT FOR FREE MARKETS：MoRALrn~VS. EFFICIENCY
FREE MARKETS political liberty (democracy) First Principle
2008/11/19
Freedom canbe preserved only ifit is treated as a supreme principle
which must not be sacrificed for any particular advantage.
—F. A. Hayek
WILL TECHNOLOGY AND GLOBAL CAPITAL MARKETS CHANGE THE SCOPE OF GOVERNMENT?
GLOBAL CAPITAL MARKETS TECHNOLOGY
2008/11/11
Many libertarians—or, as people from the other side of the Atlantic
would call them, “classical liberals”—hope that the combination of
the globalization of finance with the onset of new technologies...
CREATING REAL CAPITAL MARKETS IN CHINA
REAL CAPITAL MARKETS CHINA state-owned enterprises
2008/11/11
China’s Illusion
Since 1978, China has embarked on a dramatic reform effort to
create a modern economy and to increase the standard of living for
the Chinese people. Much progress has been made b...
INCREASING ECONOMIC GROWTH AND STABILITY IN EMERGING MARKETS
economic goals EMERGING MARKETS ECONOMIC GROWTH
2008/11/10
Ownership, Growth, and Stability
The Bush administration’s emerging market strategy is an interrelated
part of our overall international economic agenda. The agenda
focuses on two goals: increasing...
EXCHANGE RATES AND CAPITAL FREEDOM IN DEVELOPING MARKETS
EXCHANGE RATES DEVELOPING MARKETS CAPITAL FREEDOM
2008/11/6
Merits and Demerits of International Investment
Ideally, resources saved from producing for current consumption
are invested where they will create the most value, whether at home
or abroad. Savers...
WILL EMERGING MARKETS ESCAPE THE NEXT BIG SYSTEMIC FINANCIAL CRISIS?
FINANCIAL CRISIS market debt
2008/11/5
For the past four centuries, emerging market debt crises have
broken out like clockwork. In the early period, it was the European
countries—the emerging markets of that era—that did the defaulting,
...