Important inflation differences have been existing since 1978 across the Chinese provinces. This paper intends to connect this observation with the literature that emphasises the role of local governments in the process of excess credit supply and inflation in China. A model presents provincial...

The usual manner of describing inequality in a population, involves income distributions. China has experienced rapid income growth, led by reforms which have exacerbated income inequalities. Other components of well-being have been affected as well. Education and health care have become less...

This paper tries to take into account two contrasted points of view that can be found the literature: the first one showing that financial development has a positive effect on economic growth, and the second one stressing the unfavourable effect of financial crisis. Our main assumption is that...

L’émigration de travailleurs issus des pays en développement vers ceux dits développés est relativement plus qualifiée que la moyenne mondiale des travailleurs. Ceci engendre pour certains de ces PED une perte directe en capital humain non-négligeable. Une vision "optimiste"...

This paper aims at analyzing the role of the real exchange rate in the transmission of world price instability to producers of agricultural commodity-exporting developing countries. The analysis relates to a sample of 51 developing countries over the 1968-2002 period. In those countries whose...

Paradoxically, cotton price stabilization policies in Zone Franc Africa are questioned while their potential benefits seem more important today than at the time of their implementation. Producers face an increasing price volatility and the conditions of implementation of real insurance...

P. Guillaumont et S. Guillaumont Jeanneney reviennent ici sur la politique de change du Vietnam à la lumière de la crise asiatique et des expériences monétaires des pays de la région. Ils en déduisent que la politique d'ancrage du dông au dollar et de flottement contrôlé menée par le...

This paper tries to take into account two points of view of the litterature, the first one shows that financial development has positive effect on economic growth, and the second one stresses on the unfavourable effect of financial crisis. Our main assumption is that financial instability is...