Showing 1 - 9 of 9
We study the role of exchange rates in industrial policy. We construct an open-economy macroeconomic framework with production externalities and show that the desirability of these policies critically depends on the dynamic patterns of externalities. When they are stronger in earlier stages of...
Persistent link: https://www.econbiz.de/10014544799
Data on global trade as well as capital and labor flows indicate a slowdown, but not reversal, of globalization post the 2008-09 financial crisis. Yet profound changes in the policy environment and public sentiment in the largest economies over the past five years suggest the beginning of a new...
Persistent link: https://www.econbiz.de/10014250133
We estimate spillovers from public funding for health research in the context of the NIH's Fogarty International Center's AIDS International Training and Research Program, which aims to strengthen scientific capacity in AIDS endemic countries by providing African researchers with training...
Persistent link: https://www.econbiz.de/10014322762
This paper examines the challenges and policy options after hyperinflation in Zimbabwe. The paper reviews the pros and … cons of alternative monetary regimes for Zimbabwe to succeed the current multicurrency system, which the authorities …. The paper also assesses competitiveness and external sustainability in debt-distressed Zimbabwe. It also makes a case for …
Persistent link: https://www.econbiz.de/10014401597
Antipoverty policies assume that targeting poor households suffices in reaching poor individuals. We question this assumption. Our comprehensive assessment for sub-Saharan Africa reveals that undernourished women and children are spread widely across the household wealth and consumption...
Persistent link: https://www.econbiz.de/10012453666
In this paper we evaluate the impact of colonialism on development in Sub-Saharan Africa. In the world context, colonialism had very heterogeneous effects, operating through many mechanisms, sometimes encouraging development sometimes retarding it. In the African case, however, this...
Persistent link: https://www.econbiz.de/10012460094
This paper presents new evidence on the power sharing layout of national political elites in a panel of African countries, most of them autocracies. We present a model of coalition formation across ethnic groups and structurally estimate it employing data on the ethnicity of cabinet ministers...
Persistent link: https://www.econbiz.de/10012460235
Kinship structure - how extended families are organized - varies across societies and may have implications for outcomes within the household. A key source of variation in kinship structure is whether lineage and inheritance are traced through women, as in matrilineal kinship systems, or men, as...
Persistent link: https://www.econbiz.de/10013388865
Growth in much of Sub-Saharan Africa is expected to remain strong, driven by efforts to invest in infrastructure and strong agricultural production. The current Ebola outbreak in Guinea, Liberia, and Sierra Leone is exacting a heavy toll, with spillovers to neighboring countries. External...
Persistent link: https://www.econbiz.de/10014411634