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The paper presents a model of a monetary union designed to illuminate monetary and exchange rate policy in the West African Monetary Union (UMOA). Emphasis is placed on the interaction of the members of UMOA with each other, through the common central bank, and on their interaction with France...
Persistent link: https://www.econbiz.de/10012477510
Using two decades of data from twelve low-income countries in West Africa, we show that dust carried by harmattan trade winds increases infant and child mortality. Health investments respond to dust exposure, consistent with compensating behaviors. Despite these efforts, surviving children still...
Persistent link: https://www.econbiz.de/10012479887
Liberalization of tropical agricultural markets has brought globalization, in the sense that all producers now face world rather than domestic prices. Producer prices have tended to rise as a share of fob prices as intermediation costs and tax has declined. However, in conjunction with inelastic...
Persistent link: https://www.econbiz.de/10012469030
findings contribute to the debate on the origins of family institutions and preferences, often mentioned to explain West Africa …
Persistent link: https://www.econbiz.de/10014447314
We conducted a survey covering 20% of villages with 200-1000 population in rural Guinea-Bissau. We interviewed household heads, care-givers of children, and their teachers and schools. We analysed results from 9,947 children, aged 7-17, tested for literacy and numeracy competency. Only 27% of...
Persistent link: https://www.econbiz.de/10012459691
One of the great puzzles of Sub-Saharan African economic history is that wheeled transportation was barely used prior to the colonial period. Instead, head porterage was the main method of transportation. The consensus among historians is that this was a rational adaption to the underlying...
Persistent link: https://www.econbiz.de/10012458989
Persistent link: https://www.econbiz.de/10000112367
Persistent link: https://www.econbiz.de/10000645265
"This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …
Persistent link: https://www.econbiz.de/10011394323
investigate the demand for the rule of law in post-Communist economies after privatization under the assumption that theft is … reform may not emerge because the expectation of weak legal institutions increases the expected relative return to stripping …
Persistent link: https://www.econbiz.de/10010522421