We develop an empirical model allowing for the identification of four different resource mobilization climates describing the period between 1986 and 2002. Those climates are based on different constellations of gross capital formation and domestic savings rates: super investor (high savings,...

We examine the effects of the ‘natural resource curse’ on Chad and find little evidence for Dutch disease. Structural vector auto-regression suggests that changes in domestic output and prices are overwhelmingly determined by aggregate demand and supply shocks, and while oil production and...

We analyze corruption and economic freedom links to public finance and investment in new EU members. In terms of the public investment our results show that improvement in economic freedom is linked to increases in public investment while lowering of corruption is linked with increase or...

Provision of safe drinking water, adequate sanitation and personal hygiene are vital for the sustainable environmental conditions and reducing the incidence of diarrhoea, malaria, trachoma, hepatitis A & B and morbidity levels. Not having access to water and sanitation is a courteous expression...

(english) In this paper we use a simple standard overlapping-generation model to assess the impact of foreign aid. Because of deference to the elders, donors are not able to modify the sharing out of aid between the old and the young in the recipient economy. The model shows that, if aid is...

Hace un año, un grupo heterogéneo de investigadores del Centro de Investigación de la Universidad del Pacífico (CIUP) inició un esfuerzo colectivo para pensar en el futuro de nuestra economía y sociedad más allá del corto plazo. El trabajo que presentamos a continuación resume algunas...

This paper shows, first, that non-commodity revenues are more volatile in oil- and mineral-rich countries and that quality of institutions is associated with lower volatility. We investigate the channels through which oil and mineral revenue volatility lead to non-commodity revenues volatility,...

La reducción de la pobreza, que afecta a más de un tercio de la población en América Latina y el Caribe, es un objetivo prioritario de las políticas públicas. A partir de un breve diagnóstico de la pobreza, este artículo discute los elementos de una estrategia integral para reducirla,...

Ce document propose un bilan factuel des Objectif du Millénaire pour le Développement (OMD) pour les Pays les Moins Avancés (PMA), les Pays en Développement Sans Littoral (PDSL) et les Petits Etats Insulaires en Développement (PEID), et compare les résultats obtenus par chaque catégorie...

This document presents main descriptive statistics of the Millenium Development Goals (MDG) in the Least Developed Countries (LDCs), in the Landlocked Developing Countries (LLDCs) and in the Small Islands Developing States (SIDSs), and compares the results obtained by each category to those in...