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Over the past four decades Africa has diverged from other developing regions and is now the poorest region in the world. This paper offers an explanation of Africa's slow growth in terms of its distinctive economic and human geography: its high dependence upon natural resource exports, the many...
Persistent link: https://www.econbiz.de/10012566308
The connections between transport infrastructure and economic development have been extensively analyzed in previous research, but little is known about the cost of infrastructure investments in poor countries. This paper examines drivers of unit costs of construction and maintenance of...
Persistent link: https://www.econbiz.de/10012571618
The accumulation of decent housing matters both because of the difference it makes to living standards and because of its centrality to economic development. The consequences for living standards are far-reaching. In addition to directly conferring utility, decent housing improves health and...
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The authors compare two contrasting motivations for rebellion: greed and grievance. Most rebellions are ostensibly in pursuit of a cause, supported by a narrative of grievance. But since grievance assuagement through rebellion is a public good that a government will not supply, economists...
Persistent link: https://www.econbiz.de/10012572759
More effective development aid could greatly improve poverty reduction in the areas where poverty reduction is expected to lag: Sub-Saharan Africa, Eastern Europe, and Central Asia. Even more potent would be significant policy reform in the countries themselves. The authors develop a model of...
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