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Recent years have seen a considerable shift in economic conditions in sub-Saharan Africa. Economic growth has been robust, international reserves are on the rise and levels of external debt are falling. Combined with the global boom in commodity prices, as well as expansion of Chinese interests...
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Studies on the causes of income differences between the rich and the poor have received an extensive attention in the inequality empirics. While ethnic diversity h asalso been identified as one of the fundamental causes of income inequality, the role of institutions as a mediating factor in the...
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The paper reviews Sub-Saharan Africa’s (SSA) (i) own market access commitments in the Uruguay Round, and (ii) the nature of the constraints on SSA policies set by the Uruguay Round. It concludes that SSA failed to use the Uruguay Round to lock domestic reforms to an international anchor. Apart...
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productivity. In particular, we find that doubling agricultural credits generates around 4-5 percent increase in agricultural … productivity. We use two different agricultural production measures: (i) the agricultural component of GDP and (ii) agricultural … labor productivity. Employing a combination of panel-data and instrumental-variable methods, we show that agricultural …
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