This paper examines the relative magnitudes of "sheepskin effects" in the returns to education for the three main ethnic groups in the Metropolitan Region of Salvador (MRS), Bahia state, in Northeastern Brazil, and ascertains whether their pattern is consistent with a simple signalling model. We...

This paper provides a theoretical view of the central-local relationships in China. Decentralization and the autonomy of local governments have been a crucial element for the reform process. These intergovernmental …scal relations have been changing since 1978 and they are founded on a...

This article aims to establish a connection between the political economy of the reform process in Sub-Saharan African countries and the intervention of the International Monetary Fund (IMF). It focuses on the impact of IMF conditionality on the internal factors of the government decision-making...

The relationship between the real exchange rate and urban/rural per capita real income disparity is modeled and applied in the case of China. Contrary to the effect usually expected, the model predicts that the real depreciation of the Chinese currency during the 1978-94 period may have raised...

The Government of Algeria has pursed a relatively expansionary fiscal policy in recent years, thanks to rising oil prices and revenues. The paper explores the potential effects of such a stance on real exchange rate and uncovers a relatively small appreciating effect of increased government...

Institutional change is considered as a key feature in the process of development. The changing role of central plan in Chinese economy suggests the emergence of new actors and some problems of adjustment. The topic of this paper is to show how regional governments have been in the same time...

This paper tries to understand the fundamental causes and caracteristics of China's gradual market-oriented reform strategy. This will be discussed from two points of view, the "acceptability" and the "faisability". The majority of the society and the leadership did not accept a more radical...

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The transition of China towards a market economy was accompanied by a vast fiscal decentralisation movement. Econometric analysis of the determinants of budgetary and extra-budgetary expenditure of the provinces does not permit us to reject the hypothesis that the provinces observe a similar...

The reduction of child mortality is one of the most universally accepted millennium goals. However, a significant debate came out on the means of reaching it and on its realism with regard to the situation of most of the least developed countries. The recommendations made for the achievement of...