Investment is a major determinant of economic growth, both in reference to the level of the capital stock and its productivity, but has been deficient in poor developing countries. A particular concern for poor countries has been relatively low levels of foreign direct investment (FDI), and a...

This paper analyses the effect of food price changes on household consumption (welfare) in Tanzania during the 1990s and 2000s, and simulates the welfare effect attributable to tax (tariffs and VAT) reforms, distinguishing both static (first order) and dynamic (full price) effects of price...

Although growth has improved substantially in most African countries in recent years, poverty across the continent has fallen very little in the aggregate. There have been strong poverty reduction performances in some countries, but others exhibit higher poverty rates now than in 1990 despite...

This paper is a contribution to the literature on aid and growth. Despite an extensive existing empirical literature in this area, studies have not paid much attention to the importance of transmission mechanisms in determining the influence of aid inflows on growth rates. In other words,...

This paper is the second in an analysis of a survey of 83 manufacturing enterprises in Tanzania. The previous analysis reported that large firms are more likely to export than other firms, and more large firms sustain their investments than smaller firms. Also, parastatals, including firms with...