This paper examines the best common currency criteria for Asian countries through the regional cooperation in trade and investment, political and economic integration and investigates the benefits of a common currency by which the money inflows from developed countries to reduce the exchange...

The paper explores the quality of the recent high-growth episode in sub-Saharan Africa by examining the following two questions: (i) what has been the nature and pattern of SSA growth over the past 15 years and how does it compare with previous episodes? (ii) has this growth had an impact on...

Development economists have considered physical infrastructure to be a precondition for industrialization and economic development. Yet, two issues remain to be addressed in the literature. First, while proper identification of the causal effectiveness of infrastructure in reducing poverty is...

In this study we calibrate a CGE model to Mozambique’s newest social accounting matrix (SAM) to consider economywide growth, poverty, and nutrition impacts under alternative agricultural growth scenarios. Scenarios are compared over the period 2009–2019, which coincides with the...

This report assesses the impact of the International Food Policy Research Institute’s (IFPRI) Global Research Program on Priorities for Public Investment in Agriculture and Rural Areas (“GRP-3â€). Initiated in 1998, the stated objectives of the research program were (1) to...

Ethiopia’s national development strategy, A Plan for Accelerated and Sustained Development to End Poverty for 2005/06 to 2009/10 (PASDEP) places a major emphasis on achieving high rates of agricultural and overall economic growth. Consistent with the PASDEP, Ethiopia is also in the...

Because many rural poor live in areas far away from markets, we investigate whether better road access could help improve their livelihood and reduce rural poverty. We use three waves of a primary panel survey at the household level conducted in 18 remote natural villages in China to study how...