Whereas Senegal has long been sold as a showcase of democracy in Africa, including peaceful political alternance, things apparently changed fundamentally with the Senegalese presidentials of 2019 that brought new configurations. One of the major issues was political side-switching that has been...

We study the impact of exchange rate risk on an exporting firm in a developing country when there is no forward market in the foreign currency. However there exists a forward traded asset in this country the price of which is highly correlated to the foreign currency. By indirectly hedging its...

We study the impact of exchange rate risk on an exporting firm in a developing country when there is no forward market in the foreign currency. However there exists a forward traded asset in this country the price of which is highly correlated to the foreign currency. By indirectly hedging its...

We study the impact of exchange rate risk on an exporting firm in a developing country when there is no forward market in the foreign currency. However there exists a forward traded asset in this country the price of which is highly correlated to the foreign currency. By indirectly hedging its...

The existing theoretical analysis of microfinance focuses on the nature of the loan contract such as group liability. We draw attention to the role of missing or imperfect labor market in understanding some of the important `second generation' debates in microfinance. Our analysis helps explain...

In recent years, the international community has expanded efforts in programme evaluation to improve the accountability of development projects. This paper presents approaches to implementing state-of-the-art evaluations in rural electrification projects, taking into account specific challenges...

During the 2000s, recurrent food price shocks due to volatility in international markets and extreme weather events affected consumption and nutritional patterns of Mexican urban households. This research quantifies the impacts of food price shocks on the purchase of nutrients and on the weight...

This paper explores the urban-rural welfare gap in 2002 and 2009/10 for the case of Sri Lanka. This was a period of high growth and falling poverty rates in the country. The paper attempts to explore three issues: (a) what are the determinants of urban and rural household welfare, (b) does the...

In recent years, the international community has expanded efforts in programme evaluation to improve the accountability of development projects. This paper presents approaches to implementing state-of-the-art evaluations in rural electrification projects, taking into account specific challenges...

During the 2000s, recurrent food price shocks due to volatility in international markets and extreme weather events affected consumption and nutritional patterns of Mexican urban households. This research quantifies the impacts of food price shocks on the purchase of nutrients and on the weight...