Chapter 1: Introduction -- Chapter 2: Growth Constraints, Aid Targets and Basic Needs -- Chapter 3: Export Pessimism and the Neoclassical Revival -- Chapter 4: Debt and Adjustment: Muddling Through -- Chapter 5: The Collapse of Planning and the Troubled Transition -- Chapter 6: The Birth of the...

This paper studies the relationship between Asia’s economic engagements in Africa and individual African nations’ participation in global value chains (GVC) over the past two decades. We find that while overall exports from Africa to Asia are still highly concentrated in resource-intensive...

This study investigates the effects of exports on income per capita using a panel data set of 150 countries from 1990 to 2012. We have found that exports have differing effects on income distribution depending on different phases of economic development. As exports (measured as the percent of...

1. Introduction -- 2. Macroeconomic Indicators -- 3. Market Structures -- 4. Major Actors in Contemporary Markets -- 5. Demand and Supply -- 6. Economic Equilibrium -- 7. Economic Cycles -- 8. Disequilibrium and Unemployment -- 9. Disequilibrium and Inflation -- 10. Government Intervention in...