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that the production process be modernized and the ginner profoundly reformed if cotton is to play a major role in poverty …The cotton sector in Mali is facing major challenges to overcome, with low export prices, technical hurdles, and a … poorly performing state-owned cotton ginner. Some reforms, most notably with regard to the setting of the farmgate …
Persistent link: https://www.econbiz.de/10011244636
conditions. Per capita income fell by one-sixth, poverty rose, and many social indicators worsened. These developments have also …
Persistent link: https://www.econbiz.de/10011245029
Persistent link: https://www.econbiz.de/10004069189
In most macroeconomic models, the substitutability between domestic and foreign goods is calibrated using aggregated data. This imposes homogeneous elasticities across goods, and the calibration is only valid under this assumption. If elasticities are heterogeneous, the aggregate...
Persistent link: https://www.econbiz.de/10014402215
There is a widespread view that the adjustment of U.S. trade prices--and hence merchandise trade flows--in the face of the substantial dollar depreciation since early 1985 has been slower than might have been expected. This paper examines the recent behavior of U.S. trade prices, and concludes...
Persistent link: https://www.econbiz.de/10014396298
Trade integration can play a much larger role in boosting shared prosperity. The current focus on trade tensions threatens to obscure the great untapped benefits possible from further trade reform. The opportunities provided by information technology and other fundamental changes in the global...
Persistent link: https://www.econbiz.de/10014408459
significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the …
Persistent link: https://www.econbiz.de/10005824903
Investigates the macroeconomic challenges for low-income countries created by a surge in aid inflows. It develops an analytical framework for examining possible policy responses to increased aid, and then applies this framework to the experience of five relatively well-governed countries that...
Persistent link: https://www.econbiz.de/10014409798
Persistent link: https://www.econbiz.de/10014409872