This paper examines the role of financial frictions in the public debt-growth nexus, documenting that a public debt shock has different macro-financial implications dependent on the state of financial markets in South Africa. A non-linear vector autoregression model is estimated which allows the...

The paper proposes an analysis of the recent distributional dynamics in Uganda. This analysis is performed by endorsing an opportunity egalitarian perspective, in order to evaluate the outcome dynamics of specific groups of the population and infer the role of growth in the evolution of...

I discuss a new approach which decomposes inequality into the contributions of population groups by income sources. I estimate a matrix with rows and columns which indicate different population groups and income sources respectively, with each element indicating the marginal change in the...

The strong interdependence between the developed and developing worlds surfaced with the recent economic downturn. Due to the global character of the economy, the downturn affected not only the North but also the South. In addition, the Official Development Assistance (ODA) is subject to a...

This paper studies individual-level labour market transitions and their determinants in South Africa during the zenith and aftermath of the global financial and economic crisis using 2008 to 2010-2011 panel data from the National Income Dynamics Study and matched crosssections of the Quarterly...

The global economic crisis beginning in 2008 has come at a very inopportune time for Africa. Sub-Saharan Africa (SSA) appeared to be on a march toward real economic and human progress, following the dismal performance of the 1980s and early 1990s. Economic growth had resurged since the...

We develop a new methodology to nowcast the effects of the COVID-19 crisis and forecast its evolution in small, export-oriented countries. To this aim, we exploit variation in financial indexes at the industry level and relate them to the expected duration of the crisis for each industry, under...

There exist a plethora of developing country value chain studies based on a variety of methodological approaches, both in the academic literature and through policy reports. However, there has been little systematic synthesis of the findings and approaches taken in these studies. This study...

This paper investigates how persistent changes in trust caused by the Great Recession have affected how governments and citizens across Europe responded to the next global crisis: the COVID-19 pandemic. We show that increases in individualism and mistrust towards institutions caused by...

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...