In this chapter both theory and empirics are used to show that our picture of the processes of economic development changes radically when nature is introduced as a capital asset. Particular features of institutions that fashion societies' use of the natural-resource base are identified and...

Is aid dead? Dead Aid was the provocative title of a book that appeared on the 2009 New York Times bestseller list in which Dambisa Moyo outlined the shortcomings of traditional aid to Africa and proposed some even more contentious solutions for her continent. But has development assistance...

Es la ayuda el problema? 'Cuando la ayuda es el problema' es el provocador título de un libro que figuró en la lista de best sellers del New York Times del año 2009. En él, su autora, Dambisa Moyo, reseña las deficiencias de la cooperación que tradicionalmente se realiza con Africa y...

I study a model where Information Technology, while typically increasing overall inequality, is likely to harm some people at intermediate and high levels of the distribution of income but to benefit people at the bottom. Within a given occupation it may harm some workers while benefitting...

Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...

Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...

Using unique, district-level, economic growth data, I investigate the connection between banking sector development, human capital, and economic growth in Indian districts. Disaggregate data helps avoid many of the omitted variable problems that plague similar cross-country studies. The data...

This is a discussion paper prepared for Expert Group Meeting on resource mobilization for poverty eradication in the Least Developed Countries which was held in New York from 19-20 January 2004.