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Sri Lanka was the first South Asian nation to embark upon a comprehensive package of economic liberalization and deregulation. This paper examines the growth, employment and distributional effects of economic liberalization and deregulation in Sri Lanka. During the post-1977 era of liberalization, S...
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Given the tremendous volatility of commodity prices, models used to test the efficiency of futures markets often contain unstable parameter estimates. This instability may cause the results of hypothesis tests to become sensitive to the sample period. As a result, tests based on constant parameter s...
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The Pacific Island Countries including the Fiji Islands are heavily dependent on imported petroleum fuels for their energy needs. This is a major cause of environmental vulnerability as well as economic vulnerability due to high and volatile crude oil prices. A combination of Demand Side Management ...
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As the global population increases, so does global demand for energy, water and food expand. Meeting this continual spike of demand presents a tremendous challenge to Small Island States, given competing needs for limited resources amid heightened climate change. In order to overcome the increasing ...
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Canadian economics was heretical from its beginnings. It was the voice of the politically and economically not yet established, a voice trying to develop a sort of economics capable of helping them to deal with the particular problems of a small, open, balkanized, and dependent economy. The Canadian...
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