This paper develops a dynamic model that explains the pattern of population and production allocation in an economy with an urban location and a rural one. Agglomeration economies make urban dwellers benefit from a larger population living in the city and urban firms become more productive when...

This Africa's pulse newsletter includes the following heading: recent global economic trends and prospects; factors driving the region performance; risk to economic prospects; and rising commodity prices.

This Africa's pulse newsletter includes the following headings: Sub-Saharan African countries continue to grow at a steady pace; the region's decade-long economic expansion appears sustainable; and for newly resource-rich countries, strong governance will be key to harnessing resource wealth for...

This Africa's pulse newsletter includes the following heading: recent economic trends; and the challenge of employment in Africa: raising the productivity of the informal sector.