In this paper we examine whether absorptive capacity can constitute sufficient justification for rejecting the proposal of a large aid increase to support the ?big push?. We argue that the probability of a poverty trap exists for many countries, in particular the least developed countries (LDCs)...

Deforestation is a phenomenon that has largely been concentrated in the developing world. We construct a theoretical model of deforestation that focuses on the factors affecting the incentives to transform forested land into agricultural land. We show that: (i) lower discount rates and stronger...

[fre] Politique économique et perspectives de croissance dans les économies émergentes d'Afrique. . Nous évaluons le potentiel de croissance des économies d'Afrique à l'horizon de 2010. L'analyse s'appuie sur l'estimation d'un modèle de croissance en données de panel, pour 39 économies...

[eng] From nominal to real depreciation : the factors of african devaluations effectiveness. . Many developing countries used devaluations in order to depreciate their real exchange rate. The degree of devaluation effectiveness, i.e. how much nominal depreciation leads to real depreciation, is...

[eng] This article argues that the effectiveness of the CFA francs devaluation was greater in Cameroon than in Cote d'Ivoire unlike the opinion which is generaly drawn from the evolution of the real effective exchange rates. This conclusion is based on the change of wages, international prices,...

La Banque Africaine de développement répartit son aide au développement entre pays selon une formule qui repose principalement sur la qualité de la politique économique et de la gouvernance des pays bénéficiaires. L’objet de ce rapport est d’examiner comment faire évoluer la formule...

In this paper they examine whether absorptive capacity can constitute sufficient justification for rejecting the proposal of a large aid increase to support the ‘big push’. They argue that the probability of a poverty trap exists for many countries, in particular the least developed...

L’année 2012 a vu se fêter les anniversaires des « quarante ans de la Zone franc », des cinquante ans de la Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO) et des quarante ans de la Banque des Etats de l’Afrique Centrale (BEAC), venant eux-mêmes après dix ans de la Banque...

This paper considers why and how the PBA (performance based allocation) used in multilateral development banks and in particular at IDA, could be improved by taking the structural vulnerability of eligible countries into account. This improvement is needed for several reasons. The PBA relies on...