In this paper, Arbache, Go, and Page examine the recent acceleration of growth in Africa. Unlike the past, the performance is now registered broadly across several types of countries-particularly the oil-exporting and resource-intensive countries and, in more recent years, the large- and...

This paper uses a new, nationally-representative household survey from Ghana to analyze within a rigorous econometric framework how the receipt of internal remittances (from within Ghana) and international remittances (from African or other countries) affects the marginal spending behavior of...

Devarajan, Go, Page, Robinson, and Thierfelder argued that if aid is about the future and recipients are able to plan consumption and investment decisions optimally over time, then the potential problem of an aid-induced appreciation of the real exchange rate (Dutch disease) does not occur. In...

Using the most recent purchasing power parity data for 44 sub-Saharan African countries, this paper examines the characteristics of long run growth in Africa between 1975 and 2005. The authors investigate the following issues: cross-country income structure, income convergence, the country level...

Low and highly volatile growth define Africa's growth experience. But there is no evidence that growth volatility is associated to long term economic performance. This result may be misleading if it suggests that volatility is not important for economic and social progress. In this paper we use...

Few studies have examined the impact of international migration and remittances on poverty in a broad cross-section of developing countries. Adams and Page try to fill this gap by constructing a new data set on poverty, international migration, and remittances for 74 low- and middle-income...

The links between individual ability, human capital investment, and labor productivity are generally hard to address because productivity is unobservable. We overcome this problem by examining artist productivity as reflected in art auction prices. First, we observe an inverted-U shaped...

A considerable amount of research has been conducted on the topic of migration and remittances over the last few years. Early studies on immigration policy assumed that migrants leave their countries, settle in a new country, start integrating in their new society, and abandon their ties with...

What is pro-poor growth, and is it a useful concept for African development policy? This paper examines the debate between proponents of growth and poverty reduction, highlighting the diversity of regional and country experiences in promoting development with these two objectives. The author...

This book is a collection of essays that seeks to answer three interrelated sets of questions about Africa's recent growth recovery. The first set of essays addresses questions about the drivers and durability of Africa's growth. How different is current economic performance compared to Africa's...