This paper uses two firm level surveys, the National Enterprise (NE) survey and the World Bank and Greater Johannesburg Metropolitan Council (GJMC) co-ordinated survey, to explore the implications of globalisation on employment in South Africa. We use the firm surveys to analyse the impact of trade liberalisation on the level and skill structure of employment. In the latter case we extend exist...

Liberalisation process has just started in the Turkish rail market with the new law recently entered into force in order to comply with EU Directives. In the liberalised markets, service quality is the decisive factor that rail undertakings can use to create difference and achieve competitive advantages. The purpose of this paper is to analyse the customer perceived service quality for rail fre...

This study attempts to examine the impact of financial sector reforms (proxied by interest rate liberalisation) on private investment in Malawi, using the ARDL bounds testing approach. The study is motivated by the conflicting results that have been reported in the literature in recent years on the efficacy of interest rate liberalisation in developing countries. The study seeks to answer one c...

For more than two decades, public health scholars and proponents have demonstrated concern about the negative effects of trade liberalisation on tobacco control policies. However, there is little theoretically-guided, empirical research across time and space that evaluates this relationship. Accordingly, we use one major region that has experienced rapid and significant recent liberalisation, S...

• Changes in employment, prices and social expenditures are three pathways linking trade and gender • Trade liberalisation may have positive or negative impacts, but there are risks for women • Trade reforms must be complemented by social and labour policies to ensure that women can take full advantage of the new economic environment L inks between trade, growth and poverty reduction are under ...

The paper reviews the evidence of the impact of trade liberalisation on the economic performance of poor developing countries with respect to trade and the balance of payments, economic growth, poverty reduction, the distribution of income within countries, and the distribution of income between countries, and finds that trade liberalisation has not delivered the benefits expected. Economic the...

International asset pricing theory suggests that capital market liberalisation will reduce the cost of domestic equity capital through increased international diversification by domestic and international investors. For a liberalising country, this will have a positive effect on domestic investment. Existing empirical evidence provides only partial support to this prediction. Some studies regis...

This paper develops a model of a representative transition economy to explain the stylised facts of output declines and real exchange rate appreciation in the early stages of transformation. These facts can be explained by supply-side shocks, interest rate liberalisation or a reduction in core inflation. The policy implication is that price liberalisation in advance of financial liberalization ...