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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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,...
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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...
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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...