This paper examines recent movements in domestic cereal prices in Ethiopia in light of world price movements and production trends, and then uses a Computable General Equilibrium (CGE) model to assess the effects of various types of shocks on prices, incomes and food consumption, particularly...

The recent inflation in India is special both because of its peaks as also for its persistence. While couple of years back the rising inflation was blamed on global factors, this time around there is no denying the fact that it is due to structural problems of our economy, especially those...

Rural households tend to rely heavily on climate-sensitive resources. Climate Change can reduce the availability of these local natural resources, limiting the options for rural households that depend on natural resources for consumption or economic activities. During and after the climate...

The Kyoto Protocol to the United Nations Framework Convention on Climate Change (UNFCCC) has set legally binding emissions targets for a basket of six greenhouse gases and timetables for industrialised countries. It has also incorporated three international flexibility mechanisms. However, the...

Although natural disasters have been found to influence economic growth, their impact on income inequality has not yet been explored. This paper uses cross-country panel data during the period 1965 to 2004 to examine how the occurrence of natural disasters has affected income inequality. The...

When estimating regional inequality, many economists use inequality indices weighted by the regions' shares in the national population. Although this approach is widespread, its adequacy has not received attention in the regional science literature. This paper proves that such approach is...

Global and local Poverty has been subject of study since early times, now a day, it seems like poverty alleviation is one of the most important and complex issues countries and regions are facing, and dealing with. None the less, poverty measurements lack of standardization and...

Whereas the supply of redistribution is relatively easy to measure, the determinants of the demand for redistribution are controversially discussed in international literature. Economic theory typically models redistribution as the result of a voting mechanism; this is only inadequately...

The paper discusses the ∪-shaped relationship between the equivalence scale n^ε and the Gini index instead of considering the equivalence scale’s relationship to the generalised entropy measures, which was studied by Coulter, et al. (1992). An end-point condition is given for the ∪-shaped...

A comparison of the 2007-08 crisis with that of 1929 showed its extreme gravity, but it also may have implied that the old harmful mistakes would not be repeated. After four years, the crisis has not been solved and it even threatens to worsen. Neo-conservative Republicans claim that this is...