Showing 1 - 10 of 155
The role of the state in promoting development is well established in the institutional economics literature. Yet, in recent decades the attention has been turned to the opposite side of the spectrum. Facing high levels of poverty and showing a slower progress in achieving development outcomes,...
Persistent link: https://www.econbiz.de/10011943836
Recent evidence from an exhaustive political economy study of growth of African economies- the growth project of the African Economic Research Consortium (AERC) suggests that 'policy syndromes' have substantially contributed to the generally poor growth in sub-Saharan Africa during...
Persistent link: https://www.econbiz.de/10010319796
This paper addresses the issue of the impact of aid supply on aid effectiveness. We proceed in two steps. First, we review research works that deal with the problem of governance in donor-recipient relationships and are susceptible of highlighting effects of aggregate aid availability. Second,...
Persistent link: https://www.econbiz.de/10010319879
This study revisits the effect of aid on the quality of institutions and examines the effects of a major source of instability, namely terms-of-trade instability, on the quality of democracy. We take advantage of previous empirical findings which explain the role of aid in mitigating the adverse...
Persistent link: https://www.econbiz.de/10010280182
There are large volumes of gas offshore Tanzania, which has raised hopes of a boom. But those hopes look set to be disappointed. A boom would depend on there being a sizeable flow of revenue to government from producing and exporting gas. This paper sets out the scale of the gas, and the array...
Persistent link: https://www.econbiz.de/10012146474
A significant natural resource discovery creates excited popular expectations of imminent wealth. But the size of a boom is usually overestimated and the delay in receiving revenues is underestimated. This paper takes stock of the sequencing, timing, and scale of the development of a natural...
Persistent link: https://www.econbiz.de/10012146475
Corruption is widely believed to negatively affect economic growth. However, many East and Southeast Asia countries either achieved or currently are achieving impressively rapid economic growth despite widespread corruption - the 'East Asian Paradox'. Is this negative relationship equally likely...
Persistent link: https://www.econbiz.de/10012146549
Two well established stylized facts of economic development are a strong correlation between investment and income, and large differences in investment rates across countries. Construction is the largest component of investment. This paper examines the implications of heterogeneity in...
Persistent link: https://www.econbiz.de/10014477519
This paper investigates the evolution of the productive structure around the world and the role it plays in the difference in inequality levels, using panel data for the period from 1995 to 2018. We approximate a country's productive structure through the Economic Complexity Index. Our results...
Persistent link: https://www.econbiz.de/10014477611
In a 2017 UNU-WIDER project, 'Forced migration and inequality', one of us collaborated on a comparison of Afghan and Vietnamese refugee resettlement across four Western countries. In the light of the Taliban return to power in August 2021, we revisit the contributions of the Journal of Ethnic...
Persistent link: https://www.econbiz.de/10012807498