Key features of the Mozambican economy are synthesized in this paper based on a new 1995 social accounting matrix. Particular attention is paid to the critical role of home consumption and large marketing margins. The fundamental importance of agricultural development emerges clearly from the...

The authors calibrate two static computable general-equilibrium (CGE) models with 16 and 5999 representative households. Aggregated and disaggregated household categories are consistently embedded in a 2000 social accounting matrix (SAM) for Vietnam, mapping on a one-to-one basis. Distinct...

This paper takes a fresh look at two issues in the aid effectiveness debate. We begin by providing theoretical foundations for the various claims made with regard to the effectiveness of aid in stimulating long-run productivity. When foreign aid is modelled as an exogenous transfer of income or...