of basic food items cause great distress to the poor sections of society who spend a large part of their income on food … significantly boosts production. Government intervention through procurement and off-take plays a stabilising role …

and significantly affects income per capita. Our dynamic panel data results suggest that countries only slowly converge to … their long-run income values as predicted by current democracy levels, however. African countries may therefore be currently … too democratic relative to their income levels. In keeping with this possibility, a significant number of countries are …

does in fact appear to be associated with better health outcomes, with the relationship particularly pronounced for lower-income …

by 2050 the “converging†middle-income countries could become affluent societies. Historically, however, many fast …-growing countries have stagnated upon reaching middle-income status, a phenomenon known as the “Middle Income Trap.†This article … quantifies possible opportunity costs of Asian countries falling into or staying in the Middle Income Trap rather than sustaining …

analysis is done at the regional level and presents results on household assets, liabilities, net wealth, income and …