Most of the world's equipment is produced in a small number of rich countries. In 1996, countries in the top decile of cross-country income distribution produced 61% of world equipment and countries in the bottom decile produced only 0.2%. Rich and poor countries also differ in their dependence...

Artículo de revista ; The COVID-19 crisis has had a very uneven impact on the different productive sectors of the economy, with those requiring less personal contact or that are less labour-intensive, such as industry, being the least affected. This appears to have been a determining factor...

Marriage is an important institution for both individuals and society as a whole. It is a significant event in the life cycle of individuals; for society at large it represents the creation of a new unit of production, consumption, distribution and exchange of goods and services. In most...

The study of demographic trends in sub-Saharan Africa though crucial in the assessment of the impact of population size and growth on the overall socio-economic development in the region, has received the least attention due to lack of reliable data for most of the countries. This paper focuses...

African countries have accumulated substantial foreign currency reserves in recent years, mostly from higher commodity exports as well as aid flows. In the context of macroeconomic stabilization, which remains at the forefront of national economic policymaking and aid conditionality, African...

This paper examines the question of whether inflation targeting monetary policy is an appropriate framework for sub-Saharan African countries. The paper presents an overview of inflation targeting, reviews the justification for the regime, and summarizes some major critiques. Monetary policy...

In my first paper I examine the impact of short-term economic shocks on physician migration using a new panel dataset on physician migration from 31 African countries to the US and the UK. I estimate distributed-lag regressions of log migration on economic growth, I also instrument for growth...

The birth-interval approach to the study of fertility reflects two aspects of the process of reproduction: (1) the quantum of fertility as indicated by the proportion of women who move to the next higher parity; and (2) the tempo of fertility, as measured by the time it takes to make the...

Does emigration really drain human capital accumulation in origin countries? This paper explores a unique household survey purposely designed and conducted to answer this specific question for the case of Cape Verde. This is allegedly the African country suffering from the largest "brain drain",...

We analyze the evolution of Sub-Saharan Africa’s agricultural total factor productivity (TFP) over the past 45 years, looking for evidence of recent changes in growth patterns using an improved nonparametric Malmquist index. Our TFP estimates show a remarkable recovery in the performance of...