Due in part to 40 years of cyclical violence, economic growth in Burundi has remained well below the sub-Saharan Africa average, and Burundi is now the third poorest country in the world. The status quo is unacceptable, and it is essential that the Government drive the changes needed to achieve...

Due in part to 40 years of cyclical violence, economic growth in Burundi has remained well below the sub-Saharan Africa average, and Burundi is now the third poorest country in the world. The status quo is unacceptable, and it is essential that the Government drive the changes needed to achieve...

Cape Verde shifted from a socialist to a capitalistic model in the late 1980s. This shift enabled the population to benefit from rapid economic growth, but concerns have been expressed about a potential increase in inequality. Two household surveys with consumption data implemented in 1988–89...

Conflicts and political instability have been serious constraints to growth in Guinea-Bissau. Of special concern was the civil war of 1998, which lasted 11 months and led to substantial loss of life as well as to a massive decrease in GDP per capita. Based on research on the economic cost of...

This paper presents a microsimulation model in a General Equilibrium framework applied to Madagascar. The model is primarily focused on labor markets and labor allocation at the household level, and consumption behavior is also modeled. At the aggregate level, it allows for the endogenous...

The paper proposes a micro-macro model of labour market of a developing city, and its empirical implementation on the case of the capital town of Madagascar, Antananarivo. The model recognises the existence of measured and unmeasured heterogeneity of skills, preferences and opportunities within...