The global financial crisis and the subsequent uneven recovery have underscored the need for Africa's resilience to … output and other shocks originated in the rest of the world. A comparison of two regional economic communities – the East … African Community (EAC) and the Southern Africa Customs Union (SACU) – suggests that deeper intra-regional, and in particular …

This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa's peculiar history … influence, in and out of Africa, of the slave trades. The essay ends with critical conclusions and suggestions for further …

According to recent UN projections more than 50 percent of the growth in world population over the next half century … will be due to population growth in Africa. Given this, any policy that influences African demography will have a … significant impact on the world distribution of income. In this paper we discuss the potential for migration policies to affect …

world have altered the transmission mechanism of international business cycles to Latin America. Evidence based on a Global … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three … associated with a deceleration in China's economic growth in the future for both Latin America and the rest of the world economy …

Defining the 'global middle class' as being neither poor nor rich in the developed world, we estimate the size of the …