Suchergebnisse

AbstractThe paper considers a two‐region model of trade based on the authors'earlier (HS) model, in which two nontraded goods, one urban and one rural, were introduced into the Harris‐Todaro model. The HS framework captures the duality of the labour market, and it is argued that the HS model is suited to the purpose of regional analysis where the urban and rural agents may be in conflict as their welfare (income) may not respond in an identical manner to exogenous shocks and policy changes. The paper examines the implications of a change in capital and the terms of trade on outputs and regional incomes. It is established that in response to a terms‐of‐trade shock the prices of urban and rural nontraded goods could move in opposite directions, so structural change could also be in opposite directions. The same could also be true of welfare in the two regions.

Significant differentials in demographic and economic variables shape the nature, extent and direction of economic migration within the diverse Asian region. The Middle East and North Africa have been prime destinations for temporary labor from Asia. However, intra-Asian migration is increasing, characterized by movement of labor from countries at earlier stages of demographic and economic transition to the rapidly growing economies of the region. This article presents a country-by-country overview of historical, economic and sociodemographic variables; statistical data and assessments of the nature and impact of migration; and future trends. Regions covered include: 1) South Asia and the Indian Ocean Islands, 2) Southeast Asia, 3) Northeast Asia.