Policy makers in Africa often argue that devaluation leads to inflation. This is undesirable in itself and also because the inflation mitigates any impact that the nominal devaluation has on the real exchange rate, which is what one hopes to change in the face of balance of payments problems....

This paper examines the determinants of infant mortality rates in a cross section of countries using a "growth regression" approach. The paper argues that infant mortality is a valid measure of living standards, worthy of study in its own right. It also shows that first order differential...

Low female schooling attainment, early marriage and low age at first birth are major policy concerns in developing countries. This paper jointly estimated the determinants of educational attainment, marriage age and age of first birth among females 12 to 25 years of age in Madagascar, explicitly...