At the end of 1980s, Côte d’Ivoire entered a deep macroeconomic crisis that put an end to the often praised "Ivorian miracle". After the death of the founding father Houphouët-Boigny, unrestrained political competition added to bad economic conditions and led to the nightmare of civil war....

At the end of the 1980s, Côte d’Ivoire entered a deep macroeconomic crisis that put an end to the often-praised ‘Ivorian miracle’. After the death of the founding father Houphouet-Boigny, unrestrained political competition added to bad economic conditions and led to the nightmare of civil...

L’étude analyse les principaux déterminants du taux de change réel et modélise les effets de la politique de change du Cameroun sur ses équilibres externe et interne. Après une brève revue de la littérature sur les travaux sur les taux de change réel. Les techniques d’analyse de la...

This paper presents a simple framework for the use of traditional capital budgeting models and the valuation of several real options in the presence of shadow costs of incomplete information. Information costs can be viewed as sunk costs in the spirit of Merton’s (1987) model of capital market...

In a concern to go further than a simple static report and to address poverty in its immense complexity, this study analyses its evolution over a period of time in relation to the macro-economic and social dynamics at work in Africa. On the basis of a certain number of elements of analysis,...

This document is a new version of a study on Ivory Coast started in 1997 as part of a programme of the OCDE Development Centre called “Emerging Africa”. This work is an historical analysis of the Ivorian economy since the independence of the country. The economic growth period between 1994...

Turkey featured a somewhat paradoxical evolution in income distribution between 1994 and 2005. During 1994-2002 (marked by the 2000-2001 financial crisis), growth was pro-poor in the sense that the income of the poor decreased less than the income of the well-off. Between 2002 and 2005, the...

We use Moroccan data to study the determinants of international migrants’ remittances, testing the altruistic and welfare hypotheses. In particular, we analyze and assess what motivates migrants to send remittances back home. Our results lend support to the altruistic hypothesis suggesting...

This paper estimates the long-run impact of a large income shock based on regional variations in the 1987–89 locust plague in Mali. We take comprehensive population census data to construct birth cohorts of individuals and compare those born and living in the years and villages affected by...

The importance of family solidarity networks is routinely cited in the literature to explain why the relationship between number of children and schooling in sub-Saharan Africa does not follow the predicted theoretical pattern. The dilemma between "quantity" and "quality" of children may be less...