En un mundo progresivamente multipolar, y por tanto ante un sistema internacional cada vez más desordenado, Brasil, así como otras potencias emergentes, buscan diversificar sus relaciones comerciales ante el declive de Europa y el auge de China. De este novedoso reajuste en el tablero...

We study the impact of transportation infrastructure on agriculture and development in colonial Ghana. Two railway lines were built between 1901 and 1923 to connect the coast to mining areas and the large hinterland city of Kumasi. This unintendedly opened vast expanses of tropical forest to...

Major deficiencies in urbanisation and transportation systems are reinforcing patterns of social and urban segregation in Dar es Salaam, Tanzania's largest city. Analysis of the 1993 Human Resources Development Survey shows that there are numerous obstacles to the daily travel of the city's...

The Francophone African Countries (FACs) exclusively fight for the abolition of subsidies applied by a few big cotton producing countries. Although legitimate, it is doubtful that the outcome could be so much satisfactory because subsidizing countries have room in re-arranging measures of their...

This article explores the role of trend shocks in explaining the specificities of business cycles in Sub-Saharan African (SSA) countries using the methodology introduced by Aguiar and Gopinath (2007) [Emerging Market Business Cycles: The Cycle Is the Trend Journal of Political Economy 115(1)]....

The devaluation of the CFA Francs in 1994 has highlighted the relevance of fiscal coordination in African monetary unions. After 1994, African monetary unions have adopted a fiscal rule which prescribes a permanent nil or positive budgetary balance. This article studies how this fiscal rule...