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Why the UN Arms Trade Treaty will be Good for ExportersAlisa DiCaprio The global arms trade is a lucrative business. In 2010, total arms transfers were estimated at US$40 billion. Despite the global...
Alisa DiCaprio The global arms trade is a lucrative business. In 2010, total arms transfers were estimated at US$40 billion. Despite the global...
GUESTAngle John Langmore and Perrin Wilkins When delivering the eighth WIDER Annual Lecture on rethinking growth strategies in 2004 Dani Rodrik...
The real value of official aid flows fell for much of the 1990s, and private capital flows to low-income countries remain mostly limited. The decline in aid flows may endanger the development process, since they finance much of the development budget...
In recent years there is a growing concern within the international donor community regarding the plight of a special group of countries labeled as 'Fragile States'. These states, which according to current donor lists currently numbers more than 40...
Political motives, geography, and the uneven distribution of gains trumped the traditional efficiency gains across Africa’s Regional Economic Communities (RECs). The small, sparsely populated, fragmented, and often isolated economies across Africa...
This paper proposes a reformed architecture of the international monetary system based on three pillars. The first is a representative apex organization, which can be understood as a transformation of the G-20 into a representative international...
The policy advice given by economists in international institutions is influenced by their prior academic work. In my case, applied general equilibrium work resulted both in a belief in the necessity of decentralized markets and in a distrust of...
Projections of regional changes in seasonal surface-air temperature and precipitation for the eastern and western Zambezi River Basin regions are presented. These projections are cast in a probabilistic context based on a numerical hybridization...
Over the past decade, Africa has been experiencing an economic resurgence. Yet, the continent is facing several difficult challenges and many economies of the region continue to be among the least competitive in the world. Africa’s competitiveness is...
To continue its economic growth and create new and better livelihoods, Africa must transform the productive side of its economy. Ongoing globalization—in trade, finance, and technology—opens up new possibilities for structural transformation, but...
A substantially higher rate of growth of exports is crucial to ensure success of the major outward-oriented, 'market friendly' economic reforms being pursued in India and Sri Lanka. The international economic and trade environment, however, is far...
The emerging trends in global trading patterns point to the increasing role and significance of regional economic cooperation in promoting the process of growth and development. The formation of the South-Asian Association for Regional Cooperation...
This state of the art paper reviews literature published up to the end of 1994 on economic, security and environmental regionalization in southern Africa. In the field of economic regionalization a distinction is made between three main integration...
This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. International financial crises...
Part of Book Resetting the International Monetary (Non)System
Part of Book Resetting the International Monetary (Non)System
Resource-Led Growth - A Long-Term Perspective surveys the 1870-1914 experience of growth in resource-rich economies: the so-called regions of recent settlement, some tropical countries and some mineral-based export economies. First, three contrasting...
Part of Journal Special Issue Climate Change and the Zambezi River Valley
This paper reviews main S&D provisions for developing countries under the GATT-WTO trading system and discusses issues relating to the future of S&D treatment from the perspective of the least-developed countries (LDCs). It argues that negotiations...
The paper identifies and examines those factors that have affected growth in the CFA franc zone countries relative to the non CFA countries. It examines the special arrangements between franc zone countries and France, which give some advantages that...
This paper outlines the impact of the global economic crisis on Africa. Recovery requires coordinated and consistent efforts to assist individual countries in mitigating (reducing) the risk, coping with the impact, and reducing risk over the longer...
The West African Economic and Monetary Union (UEMOA) has a history of monetary stability and low inflation. Nevertheless, there is substantial variation in relative prices within some UEMOA countries, in particular in the price of food relative to...
North Korea's economic reform began in the mid-1980s. It was motivated by the increasing seriousness of the problems typical of centrally planned socialist economies.In general, the country's reforms have so far been limited both in scope and depth...
This paper investigates the economic consequences of a scenario in which the European Union (EU) imposes economic sanctions on Sudan. The idea of the paper is motivated by the deteriorating relations between Sudan and the EU arising from the...
The partial effect of nominal exchange rate volatility on exports from each EMU member to the rest of the EMU is estimated on annual data for 1967-97, using modern time-series methods. The long-run relations between exchange rate volatility and...
An interesting theory of transition must give a convincing account of structural adjustment and supply side improvement. In this paper, I discuss the incentives for government to undertake costly supply side improvement and how these relate to...
The emergence of the euro as a key currency, perhaps eventually rivalling the US dollar in importance, may have important macroeconomic implications for industrial as well as developing economies in the years ahead. This paper focuses on two related...
The purpose of this paper is to explore economic and political implications of Europe's Economic and Monetary Union (EMU) for developing countries. In strictly economic terms, influences will be communicated through both trade and financial channels...
From the book: Oxford Handbook of Africa and Economics, Vol. 2.
From the book: Oxford Handbook of Africa and Economics, Vol. 2.
The rise of the emerging southern economies – China, India, Brazil, and South Africa (CIBS) – as both economic and political actors, is having significant and far-reaching impact on the world economy. Notwithstanding the increasing amount of study...
by Andrés Solimano There is a growing recognition of the importance for economic growth and development of ‘intangibles’ such as technology, ideas...
Energy is linked to most of the major global challenges of the twenty-first century. Poverty eradication, climate change, ecosystem management, world health and security are all influenced by energy, its availability, cost, emissions and other...
Part of Journal Special Issue Aid and Institution-Building in Fragile States
The aim of this paper is to explain the divergent developmental outcomes between South Korea, Taiwan, and South Vietnam. Whilst US aid has correctly been cited as key factor in explaining the rapid post-war development of South Korea and Taiwan, the...
Following an overview on the fast changing global context of agriculture, and food and nutrition security, this paper provides a framework for identifying the set of essential international public goods for a well-functioning world agriculture and...
The current climate change crisis has repeatedly alerted mankind to the urgency of tackling this pressing global challenge before it is too late. Developing countries, which have contributed negligibly to the present climate change problem are...
The Brazilian Ministry of Social Development’s co-operation with sub-Saharan Africa has shifted from an initial engagement in cash transfers to a recent engagement in food and nutritional security. This paper aims at understanding the main drivers...
Over 1.8 billion people, from Central Europe to East Asia, have been involved in the great systemic transformation to market economy, civic society and democracy. The process has brought mixed fruits. The diversification of the current situation is a...
Since October 2000 Israel and the Palestinians of the West Bank and Gaza Strip have become entangled in a bloody confrontation. This paper focuses on the economic relationship between the Israeli economy and the Palestinian economy of the West Bank...
Japan has emerged in recent years as a leading donor country to African countries. At one level, Japan’s renewed assertiveness in providing foreign aid to Africa is on par with the more active approach by other donor countries. Some might argue that...
It is now more than fifty years since the United Nations system and the Bretton Woods institutions were created. The world has changed since then, and so have its governance needs in terms of institutions and rules. It is time to think about the...