This paper reviews and assesses the process of economic transformation in Mozambique with emphasis on the strategies and policies pursued by the Frelimo government in the first decade after dependence in 1974. Focus is on the agrarian sector and its various sub-sectors, and both main...

This article is concerned with the effectiveness and impact of agricultural price policy in Mozambique since Independence in 1975. Existing information on price-setting and inflation is up-dated and reviewed, and the implications of a recently compiled aggregate consumer price index are...

Using survey data from rural Vietnam, this paper documents a statistically significant, positive effect of self-employment in farming on subjective well-being. Wage workers are less happy than farmers across a range of different types of wage jobs. These results suggest that structural...

Studies of aid effectiveness abound in the literature, often with opposing conclusions. Since most time-series studies use data from the exact same publicly available data bases, our claim here is that such differences in results must be due to the use of different econometric models and...

Controversy over the aggregate impact of foreign aid has focused on reduced form estimates of the aid-growth link. The causal chain, through which aid affects developmental outcomes including growth, has received much less attention. We address this gap by: (i) specifying a structural model of...