Bhutan has evolved from a closed economy to a trading nation that exhibits a high degree of dependence on trade. Exports have grown rapidly but overall the country’s trade deficit continues to widen owing to an even faster growth in the value of imports. The manufacturing and industry...

Alors qu’il ne reste plus qu’une année avant la date d’échéance de la réalisation des Objectifs du Millénaire pour le développement, l’Indice de la faim dans le monde 2014 (GHI) offre une analyse multidimensionnelle de la faim et présente de nouvelles données permettant...

In Burkina Faso, forest is an imperfect public good : non-exclusion in the use of derived goods and services and rivalry in wood exploitation and the non-woody forest product consumption. The free access characterizing it and the free-riding behaviour lead to the forest resources an...

The 2013 Global Hunger Index (GHI) report—the eighth in an annual series—presents a multidimensional measure of national, regional, and global hunger. It shows that the world has made some progress in reducing hunger since 1990, but still has far to go. The 2013 GHI report focuses...

This paper develops a critique of the single-tax proposal of Henry George. We present a simple search-theoretic model for the discovery of natural resources and show that a tax on the unimproved value of land is distortionary. We then consider the time inconsistency and regime uncertainty...

Property rights are commonly touted as a solution to common pool resource problems. In practice, however, the security of property rights over natural resources varies substantially; this may affect returns to ownership and asset values. We use an analytical model to examine the effects of...

L Indice Globale della Fame 2013 (GHI), relativo ai dati del periodo 2008-2012, mostra che la fame mondiale e diminuita di un terzo rispetto al 1990. Nonostante i progressi, il livello della fame nel mondo rimane "grave", con 870 milioni di persone a soffrirne, secondo le stime...