Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist …

In the new millennium, the Western aid effort towards Africa has surged due to writings by well-known economists, a … celebrity mass advocacy campaign, and decisions by Western leaders to make Africa a major foreign policy priority. This survey … contrasts the predominant "transformational" approach (West saves Africa) to occasional swings to a "marginal" approach (West …

quinquennial panel data for 18 Latin American countries.They provide an estimate of the net return to investment, of the elasticity …

of its return suggest that education is a good social investment. In sorting models, the return reflects in part the …

markets, with the dynamic forces of capitalism naturally leading to growth and prosperity. This paper is part of an … importance of, and the limitations on, capital markets, particularly in allocating scarce investment resources, the results are …

Southern Africa. We then assess to what extent these combinations apply to both countries using an empirical analysis. We find … that trade openness drives convergence and export diversification in Western Africa (which is becoming more diversified …) while convergence is instead driven by economic and political freedoms in Southern Africa (which is becoming more …