Many islands host tourism and offshore finance but research tends to focus on either industry without examining the nature of the relationship(s) between these two where they co-exist. This paper examines the nature of the relationships using a case study of the British Channel Island of Jersey. Both industries demand labour, land and capital that are frequently scarce in small islands. Given t...

While Australia is one of the world’s richest countries in both absolute and per capita terms, many of its Indigenous peoples live in poverty. This paper seeks to elucidate some avenues for addressing poverty in remote Indigenous Australia via appropriate pro-poor growth strategies. While the Development Bulletin focuses on the Asia Pacific region, the case for including remote Indigenous Austr...

The goal of this article is to introduce a new category into international political economy-the global household-and to begin to widen the focus of international political economy to include nonmarket transactions and noncapitalist production. As an economic institution composed of transnational extended families and codwellers (including international migrants and family members left behind i...

I examine the mutual relation between political regimes and economic development. An analysis of regime dynamics shows that while the paths to democracy are varied, once established for whatever reasons, democracies survive in developed countries. Contrary to long-standing arguments, political regimes do not affect the rate of investment and of the growth of total income. But since population g...

Anthony J. Venables LSE and CEPR . Abstract: Growth and development typically involve the creation of new economic activities. New productive sectors develop, and old activities come to be performed in radically different ways. Evidence from both economic history and economic development suggest that this process of structural change is central to increasing growth and raising standards of livi...

Three circumstances make the present moment unique for global health. First, health has been increasingly recognized as a key element of sustainable economic development [1], global security, effective governance, and human rights promotion [2]. Second, due to the growing perceived importance of health, unprecedented— albeit still insufficient—sums of funds are flowing into this sector [3]. Thi...

In this paper, we present a method to estimatethe productivity development of the Czech agricultural sector. While traditional productivity measures are based on macroeconomic data, we use individual accounting data of firms and determine the productivity development using the Fisher total factor productivity index. The results suggest that the development of agricultural sector is not highly s...

This paper explores how government preferences affect the choices of capital tax rates in the presence of tax competition. We develop a model in which governments, differentiating in their preferences for economic development and regional equality, compete for mobile capital over corporation taxes. The key prediction of the model, borne out in data from OECD countries over the years 1990-2007, ...

Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Cooperation and Development (OECD) shall promote policies designed: − to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus t...

The Georgia Institute of Technology has been a catalyst for economic growth in the Southeast United States since its founding in 1885. Over the past 30 years, it has become known as one of the top technological universities in the world. As part of a strategic planning effort in mid2009, it sought to strengthen its thought leadership and impact through the implementation of a global innovation ...