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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...
Trade in Services and TFP: The Role of Regulation
What determines services TFP: Is it services trade or services‐trade regulation? To respond to this question I use four indicators of...
Value For Money: Getting Europe’s Trade and IPR Policy Right
Few issues in trade and international commercial policy have in the past decade provoked as much contention as intellectual property rights...
What Will Basel III Achieve?
The overhaul of regulation of financial services now under way, as it affects the capital adequacy framework for banks operating internationally,...
FTA Networking in East Asia and Asia-Pacific: Where Are We Going?
This paper provides an overview on the recent development of FTA networking in extended East Asia and assesses the quality of FTAs with novel...
A Tale of Three Markets: How Government Policy Creates Winners and Losers in the Philippine Health Sector
For more than half a century the Philippines has been a leading exporter of human capital in the healthcare sector. This paper estimates that...
Measuring the Cost of International Trade in Services
We present a new dataset of international trade costs in services sectors. Using a theory-based methodology combined with data on domestic shipments...