The Asian crisis represented a watershed in monetary policy-making in east Asia. Suddenly gone, in many cases, was the guiding principle of stability of the currency against the US dollar. Suddenly gone, in some cases, was the senior management of the central bank itself. New goals, and new means to achieve them, were needed. In a number of Asian central banks, new leaders faced the challenge o...

Although the English NHS has been described as a world leader in pioneering methods of distributing expenditure in relation to population needs, concerns about the legitimacy of using the current utilisation-based model to allocate health service resources are mounting. In this paper, we present a critical review of NHS resource allocation in England and demonstrate the feasibility and impact o...

Increasing enterprises’ expenditure on their employees’ vocational education and training (VET) remains an important policy goal for governments in many countries. Policy mechanisms implemented to secure this goal include the legislated and mandated approaches adopted in Germany, France and Australia, and measures designed to encourage voluntarism and exhort enterprises to increase their expend...

Editorial policy and procedures are described for the benefit of potential authors and reviewers. These policies are described in the context of our goals for the journal.

Nous examinons les objectifs économiques de la politique actuelle d’immigration, ainsi que le rôle de l’immigration dans l’ensemble des politiques économiques. Nous commençons par décrire les objectifs économiques de la politique d’immigration au cours du dernier siècle. Nous décrivons ensuite les éléments ciblés économiquement par la politique d’immigration en les reliants aux tendances histor...

In this paper we analyze the effects of an environmental policy on the diffusion of a clean technology in an economy where firms compete on the output market. We show that the share of adopting firms is non-monotonic with the stringency of the environmental policy, and that the adoption of the clean technology may well increase the pollution level. We also compare the effects of an emission tax...

Griffen, Andrew S., Nakamuro, Makiko, and Inui, Tomohiko— Fertility and maternal labor supply in Japan: Conflicting policy goals? Using panel data on Japanese mothers, this paper estimates the impact of fertility on maternal labor supply using twins as an instrument for the total number of children. We find that having twins actually has a longer term positive impact on maternal labor force par...

caucasus has been an important region for turkey since the collapse of the soviet :union:. this importance emanates from the region’s own natural resources, its position at the crossroads of the oil and gas rich regions of the world and chronic political instability and security threats. turkey as the key neighbour of the caucasus has experienced state – led fundamental and structural changes w...