This paper investigates the robustness of determinants of economic growth in the presence of model uncertainty, parameter heterogeneity and outliers. The robust model averaging approach introduced in the paper uses a flexible and parsimonious mixture modeling that allows for fat-tailed errors...

The United Nations General Assembly declared 2012 the "International Year of Sustainable Energy for All", officially recognising the urgent need to put energy at the centre of the global development agenda. In parallel, a strong international policy effort is being made to achieve the goal of...

This paper develops a dynamic framework to analyze the political sustainability of economic reforms in developing countries. First, we demonstrate that economic reforms that are proceeding successfully may run into a political impasse, with the reform's initial success having a negative impact...

Dieses Papier beleuchtet die Diskussion um Gestaltung und Wirksamkeit der bisherigen Entwicklungspolitik und liefert einen Ausblick für ihre Zukunft. Besondere Aufmerksamkeit erhält dabei die Rolle des Marktes in der Armutsbekämpfung auf der einen Seite und die des Staates und öffentlicher...

This paper compares the career effects of overseas and domestic PhD training for scientists working in an emerging economy, South Africa. Variations in scientific achievements of South African academics may arise be- cause those who attend "better" PhD programmes receive better training, but it...

Informal firms make up a major share of the economy in most developing countries. Expanding formalization could increase government tax revenues, boost firm profits and national income, and increase employee well-being by improving access to social security and health and workers' benefits....

While openness to trade is a well-recognized hallmark of the Asian growth model, another component of the model is a leapfrogging strategy - the use of policies to guide industrial structural transformation ahead of a country's factor endowment. Does the leapfrogging strategy work? Opinions vary...

By focusing on the relationship between state and society in countries like Brazil, Russia, India, China and South Africa (BRICS), taken as an example of emerging economies, this paper analyzes the advisory counsel to the Executive from Brazil, South Africa and India as a means of expanding...

The need for graduates who would be productive citizens able to contribute significantly to the Nigerian economy led to the overhaul of the old education system 6-5-4 and the implementation of the 6-3-3-4 system, with its first set of graduates from secondary schools in 1988. The main objective...

We model an infinitely repeated Tullock contest, over the sharing of some given resource, between two ethnic groups. The resource is allocated by a composite state institution according to relative ethnic control; hence the ethnic groups contest the extent of institutional ethnic bias. The...