This study analyses the performance of macroeconomic policy in South Africa in 2007- 2020 and outlines challenges for policy in the coming decade. After remarkable economic growth in 1997-07, South Africa's progress slowed dramatically in 2009 with the global financial crisis. Real GDP growth...

After 50 years of optimistic predictions that marine mining will soon take off, it still remains to be seen if and when this will happen. In 2018 the total value of all marine mining, including both offshore mining and the so far non-existing deep-seabed mining, was estimated to be around US$35...

Digitalization and shifting patterns of globalization are fast changing the rules of the game for countries embarking on a path of industrialization. In this study, we empirically examine the impact of digitalization and global value chains on structural transformation using a cross-country...

This study conducts an international comparative analysis of the recent evolution of social protection systems in sub-Saharan Africa (SSA), Latin America and the Caribbean (LAC), and Asia-Pacific (APAC) regions, paying particular attention to the role of foreign aid in these dynamics. It asks:...

The state has played a major role in the most important developmental successes. This paper discusses the advances in our understanding of the role of the state in the developmental process over the past thirty years, and the contribution to those advances played by changes in economics, changes...

The COVID-19 pandemic represents an unprecedented global crisis. The task for economic policy is to help keep people alive, enterprises afloat, and households out of poverty. The pandemic has macroeconomic dimensions. First, it affects macroeconomic stability and growth. Second, the tools of...

It is commonly believed that the business environment in developing countries does not allow productive technology-based entrepreneurship to flourish. In this paper, we draw on the experience of Indian software firms where entrepreneurial growth has belied these predictions. This paper argues...

This paper analyses the history and effectiveness of the two major mechanisms of resolution of balance of payments crisis. It argues that IMF lending has met its counter-cyclical objectives through history and has been improving in terms of providing adequate lending facilities as well as...

As the world battles with the triple problems of social, economic, and environmental challenges, it has become important to focus both policy and research efforts on these. Therefore, this study examines the effect of wealth inequality on CO2 emissions in five emerging economies: Brazil, Russia,...

We use long-spanning individual longitudinal data to examine the long-term labour market outcomes of low-tier informal workers. We investigate their characteristics, calculate the extent of switching, and identify the characteristics of those who have switched. Finally, we estimate the earnings...