Real wage performance under greater trade openness: lessons from Latin America and Asia

Article Abstract:

There is a stronger link between real investment growth and real wage growth in Latin America and Asia than there is between openness and real wage growth. Higher wage growth does not appear to result from increased openness alone.

Wages, Latin America, Asia, Capital investments, Wages and salaries

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Purchasing power parity in the Eastern Caribbean Currency Union

Article Abstract:

The impact of purchasing power parity and comovement of real exchange rates of Eastern Caribbean Currency Union, for the periods 1980s and 1990s, on international trade and investment is examined.

Government expenditures, Caribbean Region, Analysis, Economic policy, Foreign exchange, Foreign exchange rates, Financial markets, Caribbean Islands

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Are the Pacific Island countries ready for a single currency?

Article Abstract:

The feasibility of introducing a single currency for Pacific island countries including Australia and New Zealand as a means of improving economic integration among these nations is examined.

Pacific Rim, Monetary unions

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