randomly gave cash and in-kind grants to male- and female-owned microenterprises in urban Ghana. Our findings cast doubt on the …

This paper studies the effects of descent rules on human capital accumulation. We exploit a policy experiment in Ghana …-landed households. This evidence is consistent with the fact that before the reform matrilineal groups in Ghana "over-invested" in …

and productivity growth is low. We apply our theory to the windfalls of Norway, Iraq and Ghana. The optimal size of Ghana …’s liquidity fund is tiny even with high prudence. Norway’s liquidity fund is bigger than Ghana’s. Iraq’s liquidity fund is … to invest. We illustrate how this can speed up the process of development in Ghana despite domestic absorption …

Three main features characterize the international financial integration of China and India. First, while only having a … small global share of privately-held external assets and liabilities (with the exception of China’s FDI liabilities), these … “short equity, long debt.” Third, China and India have improved their net external positions over the last decade although …

The Great Leap Forward (GLF) disaster, characterized by a collapse of grain output, and the associated famine in China …

development. Evidence from the failed Industrial Revolution in 14th-century China illustrates the empirical relevance of the …

In 1994, China began a profound reform of its state-owned enterprises (SOE). We first describe and characterize this …

federal centre. The theory is supported by the recent experience of Russia, China, and Argentina. …