Using economic rates of return from more than 1,200 public and private sector projects implemented in 61 developing countries, the authors analyze determinants of investment productivity. Results from Tobit estimation demonstrate that the degree of countrywide policy distortions - macroeconomic,...

This report reviews Kazakhstan’s initial social policy response to the Covid-19 pandemic, highlighting three points. First, there was obvious continuity from the pre-pandemic days in the government’s policy response as it tried to guide the country through the pandemic and prepare the...

The objective of this paper is to investigate the effect of alternating heads of state on structural transformation in sub-Saharan Africa (SSA). Indeed, the alternation of a head of state is an institutional tool likely to promote the reallocation of labor, innovation and human capital and thus...

Wheat is one of the most important cereal crops cultivated in wide range of agro-ecologies in Ethiopia. But, its productivity has remained low. Hence, this study intends to examine the impact of agricultural technology adoption on wheat productivity in north Shewa zone of the Amhara region,...

The essence of this study is to examine the impact of macroeconomic variables and some salient socio-economic and political variables on the manufacturing sub-sector of the Nigerian economy by using the autoregressive distributed lag to analyze data source from 1986 to 2019 within the context of...

We develop a quantitative framework in which income inequality arises endogenously in response to productivity shocks. The framework accommodates sectoral inputoutput linkages, arbitrary elasticities of factors and intermediates, and heterogeneous workers that endogenously choose to supply their...