Why, after 30 years of aid, were so many African countries no better off in the 1980s than they had been at independence? Why, indeed, were so many of them slipping back and earlier economic achievements being undermined?Concentrating on Sudan, the Poverty of Nations examined what had gone wrong...

Economic growth does not necessarily ensure environmental sustainability for a country. The relationship between the two is far more complicated for developing countries like India, given the dependence of a large section of the population on natural resources for livelihood. Under this...

In June 2016, the European Commission issued a new EU Blue Card proposal. This proposal is meant to make the EU more attractive for highly qualified workers from third countries. While strengthening the knowledge economy of the EU, the potential impacts of the new Blue Card proposal on...

Information technology (IT) is an example of a general purpose technology that has the potential to play an important role in economic growth, as well as other dimensions of economic and social development. This paper reviews several interrelated aspects of the role of information technology in...

This paper offers a Spatial Computable General Equilibrium Model (SCGE) to evaluate the potential regional economic impacts of the Central Asia Regional Economic Cooperation Program (CAREC) corridors and the Trans-Caspian International Transport Route (TITR). We base our model on spatial...

Does GDP composition affect GDP growth and volatility? Typically, economies at advanced stages of development grow slower, are less volatile and have a larger share of services in GDP with respect to economies at middle stages. I propose a theory of development consistent with these three facts....