Students' expectations about their future wages are established in the literature as relevant determinants of the choices made for education progression and, at the university level, for the area and course to be studied. In this paper, the first comparable analysis in sub-Saharan Africa, we...

Despite rapid economic growth in recent decades, informality remains a persistent phenomenon in the labour markets of many low- and middle-income countries. A key issue in this regard concerns the extent to which informality itself is a persistent state. Using panel data from Ghana, South...

The primary policy response to suppress the spread of COVID-19 in high-income countries has been to lock down large sections of the population. However, there is growing unease that blindly replicating these policies might inflict irreparable damage to poor households and foment social unrest in...

Foreign Direct Investment (FDI) can bring in much needed capital, particularly to developing countries, help improve manufacturing and trade sectors, bring in more efficient technologies, increase local production and exports, create jobs and develop local skills, and bring about improvements in...

Given the significant inflows of foreign aid to sub-Saharan Africa (SSA) the possibility of Dutch Disease has been a concern. Most macroeconomic models predict that aid inflows, especially if large and/or unanticipated (shocks), will lead to an appreciation of the real exchange rate and...

Growth improved substantially in most countries in sub-Saharan Africa (SSA) since 1990, but poverty in SSA as a whole has fallen by about a third, compared to by half or more in other developing regions. While some countries have had little or no success in reducing poverty, many have had...