Since the implementation of the economic reforms in 1978, there is a remarkable diversification trend in rural China characterized by an impressive development of rural enterprises. The main objective of this paper is to understand the forces driving this agro-industrial diversification which...

P. Guillaumont et S. Guillaumont Jeanneney reviennent ici sur la politique de change du Vietnam à la lumière de la crise asiatique et des expériences monétaires des pays de la région. Ils en déduisent que la politique d'ancrage du dông au dollar et de flottement contrôlé menée par le...

This paper tries to take into account two points of view of the litterature, the first one shows that financial development has positive effect on economic growth, and the second one stresses on the unfavourable effect of financial crisis. Our main assumption is that financial instability is...

On propose un modèle théorique simple dans lequel l'activité de rébellion de l'opposition est une fonction croissante des activités de prédation et de répression du gouvernement, et une fonction décroissante de ses activités de redistribution. Ces prédictions sont testées sur des...

This paper investigates the influence of invariance axioms in the decomposition of observed poverty variations into growth and inequality effects. After a complete and critical review of the invariance axioms suggested in the literature, we show that few information is needed for the ordering of...

Financial development may lead to productivity improvement in developing countries. In this paper, based on the Data Envelopment Analysis (DEA) approach, we use the Malmquist index to measure China’s total factor productivity change and its two components (i.e., efficiency change and technical...

This paper presents the concepts and mesures of growth and poverty, and the complex interrelations between distribution and poverty reduction. Growth alone will not be able to eradicate poverty, and some specific actions must be directed toward some special groups of poors.

In this paper, we try to establish a connection between the political economy of the reform process and the issue of external aid. We therefore stress the vicious circle brought about by the aid dependency of the actors implicated in economic reforms. Two levels of dependency are thus identified...

L’analyse empirique des relations entre l’environnement institutionnel et les modes organisationnels et leurs influences sur les performances productives reste relativement rare dans la littérature, faute de données. Cet article essaie de développer une méthodologie empirique permettant...

Currency substitution – the use of foreign money to finance transactions between domestic residents – is increasingly common in low income and transition economies. Traditionally, however, empirical models of the demand for money tend to concentrate exclusively on the other dimension of...