Various development objectives are worthy, but to my mind, one objective dominates all others: reducing the scourge of absolute economic misery in the world. In this paper, I focus on an important but relatively underemphasized approach to poverty reducti

To continue its economic growth and create new and better livelihoods, Africa must transform the productive side of its economy. Ongoing globalization.in trade, finance, and technology.opens up new possibilities for structural transformation, but also new

Economy-wide and hydrological-crop models are combined to estimate and compare the economic impacts of current climate variability and future anthropogenic climate change in Zambia. Accounting for uncertainty, simulation results indicate that, on average, current variability reduces gross...

Climate change may damage road infrastructure to the potential detriment of economic growth, particularly in developing countries. To quantitatively assess climate changeâ..s consequences, we construct a climate-infrastructure model based on stressor-response relationships and link this to a...

This paper examines the macroeconomic policies and outcomes experienced by the Latin American economies during the period 1990-2010. Macroeconomic policies refer to exchange rates, monetary and aggregate fiscal policies, while macroeconomic outcomes, on the other hand, refer to the patterns of...

The aim of this paper is to analyse the effect of institutional reforms on the revival of African economies. We study the impact of positive changes in business environment indicators of the Doing Business project and the Economic Freedom Index of the Heritage Foundation on the private sector...

This paper examines whether foreign aid, together with other economic, social and environmental factors, contributes to sustainable development. It starts with a theoretical model where sustainable development is modelled as a different kind of growth tha

This paper provides a synthesis of the three papers on the non-Nordic developed economies, Ireland, Japan and Switzerland along the following themes: role of the state, openness, education and human capital, and macroeconomic stability. It then draws lessons for developing countries of today.

The role of agriculture in development remains much debated. This paper takes an empirical perspective and focuses on poverty, as opposed to growth alone. The contribution of a sector to poverty reduction is shown to depend on its own growth performance, its indirect impact on growth in other...

Macroeconomic instability has been increasingly considered as a factor lowering average income growth and, in this way, is a factor slowing down poverty reduction. But it can also result in slower poverty reduction for a given average rate of growth, due to poverty traps, often examined at the...