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What is Driving the Rise in Health Care Expenditures? An Inquiry into the Nature and Causes of the Cost Disease
The last 40 years have seen a rapid increase of government expenditures on public welfare arrangements. Increasing healthcare expenditures form a...
Deleveraging, Traditional versus Capital Markets Banking and the Urgent Need to Separate and Recapitalise G-SIFI Banks
Since the crisis, even with massive support from governments and central banks, widespread regulatory changes and promises from bank executives to...
FUTURE-PROOFING WORLD TRADE IN TECHNOLOGY: Turning the WTO IT Agreement (ITA) into the International Digital Economy Agreement (IDEA)
Despite being an agreement designed for the fastest developing sectors, the signatories of the Information Technology Agreement (ITA) in the World...
G20 Financial Regulatory Reforms: Navigating the Clash of National Interests
Today’s news is full of beggar-thy-neighbor currency wars. Outcomes to date are mixed on the initial G20 goals and commitments and their...
Digital Authoritarianism: Human Rights, Geopolitics and Commerce
Online censorship is about to take centre stage in the campaign to improve conditions for human rights, cyber security and commercial freedom of...
Determinants of Comparative Advantage in Services
This paper analyzes whether and to what extent determinants of comparative advantage have explanatory power for conventional services trade. It...
Effects of inappropriate Financial Regulation
With the recent financial crisis and discussions over the Basel III framework, regulation of banking systems is likely to be modified, if only to...
Surveillance by International Institutions: Lessons from the Global Financial and Economic Crisis
This paper reviews key policy messages and warnings about developments in the run-up to the global financial and economic crisis that began in...
How Does Religion Bias the Allocation of Foreign Direct Investment? The Role of Institutions
We construct a gravity model of worldwide foreign direct investment stock (FDI) in order to study the effect of religion on FDI allocation. We...