Working Paper

• Commercial policy
• Economic development
• Industrialization

Book

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...

• Macroeconomics
• Financial institutions, International
• Foreign exchange

Book Chapter

Part of Book Resetting the International Monetary (Non)System

• Financial institutions
• International
• Foreign exchange

Journal Special Issue

The project centers on the inter-linkages between the major developing countries of Brazil, India, China and South Africa and the global economy, with a special emphasis on the implications of China's growth on smaller economies and the rest of the...

• Economic development
• Equality and inequality
• International trade

Working Paper

Productivity gains are the prime engine of economic growth. This paper uses a rich amount of firms’ accounting information from the Single Information Collecting Centre in Senegal over the period 1998-2011. To investigate the two main obstacles to...

• Econometric models (Economic development)
• Education
• Environment

Journal Article

Part of Journal Special Issue Macroeconomic Perspectives on Aid

• Macroeconomics
• Foreign aid

Journal Article

Part of Journal Special Issue Macroeconomic Perspectives on Aid

• Macroeconomics
• Foreign aid

Journal Article

Part of Journal Special Issue Macroeconomic Perspectives on Aid

• Macroeconomics
• Foreign aid

Journal Article

Part of Journal Special Issue Macroeconomic Perspectives on Aid

• Macroeconomics
• Foreign aid

Journal Article

Part of Journal Special Issue Macroeconomic Perspectives on Aid

• Macroeconomics
• Foreign aid

Journal Article

Part of Journal Special Issue Macroeconomic Perspectives on Aid

• Macroeconomics
• Foreign aid

Working Paper

Senegal is a typical sub-Saharan economy, which conducted an import substitution policy over 1960-86, followed by a policy of support for the private sector and liberalization of the economy. It suffers from a low level of economic development...

• Economic growth
• Industrial policy
• International trade

Blog

Augustin Fosu and Wim Naudé African economies have been shaken by the global economic downturn which followed the US-centered financial crisis of 2008...

• Economic development
• Economic policy
• Financial crisis

Policy Brief

The 14-member Franc Zone in West and Central Africa represents the largest monetary union in the southern hemisphere, predating the European Monetary Union by decades. With monetary unions planned for other parts of Africa in the near future...

• Central banking
• Institutional economics
• Macroeconomics

Working Paper

Post-apartheid poverty and inequality trends have been the subject of intensive analysis, yet relatively little attention has been devoted to the impact of differential price movements on the measurement of poverty and inequality. This paper aims to...

• Equality and inequality
• Inflation
• Macroeconomics

Journal Article

Recent evidence from an exhaustive political-economy study of growth of African economies—the Growth Project of the African Economic Research Consortium—suggests that ‘policy syndromes’ have substantially contributed to the generally poor growth in...

• Econometric models (Economic development)
• Macroeconomics
• Social conflict

Working Paper

Brazil’s recent growth has been intensely pro-poor, and both poverty and inequality have declined significantly in the last decade. It has been suggested that Brazil’s unexpected successes are the outcome of a new model of development. The paper...

• Economic development
• Economic growth
• Macroeconomics

Working Paper

In 1991 the Ethiopian Revolution Democratic Front (EPRDF) toppled the old ‘socialist’ regime that had ruled the country for seventeen years. In contrast to the previous policy regime of hard control, EPRDF initiated a wide range of reforms that...

• Fiscal policy
• Income distribution
• Macroeconomics

Working Paper

‘Globalization’ implies change, and uncertainty over future change may affect household welfare. We use data on Lorenz curves over the last fifty years for a sample of 53 (mostly developing) countries. Treating each country-quintile-year as an...

• Consumption
• Econometric models (Economic development)
• Globalization

Working Paper

This paper surveys 50 years of empirical research on the macroeconomic impact of aid, looking mainly at studies examining the link between aid and growth. It argues that studies dating until the late 1990s produced either contradictory or...

• Economic assistance and foreign aid
• Econometric models (Economic development)
• Macroeconomics

Working Paper

This paper studies the postwar economic and political reconstruction in Lebanon. The paper shows that the ‘reconstruction boom’ was short-lived. The economy experienced a growth trap early in the reconstruction period, and entered a cyclical crisis...

• Distribution
• Public expenditures
• Fiscal policy

Working Paper

This paper offers a substantive contribution to the debate on the role of international trade on the development of emerging countries. The aim is to detect empirically the phenomenon of vulnerability induced by trade openness. The methodology adopts...

• Econometric models (Economic development)
• International trade
• Macroeconomics

Working Paper

The impact of globalization on poverty is a matter of keen debate but empirical work in this area has been dominated by cross-country regressions. This paper attempts to link the more macro impacts of globalization, particularly as manifested through...

• Globalization
• Labour market
• Macroeconomics

Working Paper

This study explores the effects of macroeconomic factors on total factor productivity (TFP) in 34 sub-Saharan African countries for the period 1980-2002. The econometric analysis shows that external debt is negatively and significantly related to TFP...

• Econometric models (Economic development)
• Macroeconomics
• Productivity

Working Paper

This paper uses trade theory to examine the effects of trade liberalization on countries that do not participate in it. These include both countries that fail to participate in multilateral trade negotiations, and also countries that lie outside of...

• Globalization
• International trade
• Macroeconomics

Working Paper

We consider an overlapping generations model with two production factors and two types of agents in the presence of financial intermediation and its application to the Russian default of August 1998. The paper focuses on the analysis of the...

• Financial crisis
• Finance infrastructure
• Macroeconomics

Working Paper

Although the finance–growth nexus has become firmly entrenched in the empirical literature, studies that question the strength of the empirical results have appeared and seem to have become more frequent as well. In this paper we re-examine the core...

• Econometric models (Economic development)
• Finance infrastructure
• Macroeconomics

Working Paper

We investigate domestic private investment behaviour in a panel of 24 low-income and middle-income countries spanning a period of 1981-2000. The paper rigorously addresses (i) the cross-country heterogeneity in private investment behaviour, and (ii)...

• Econometric models (Economic development)
• Finance infrastructure
• Investments

Working Paper

This paper argues that poverty originates in the structural injustices of a social order which incapacitates the poor from participating in the growth generating sectors of the economy and leaves them captives in the so called informal sector...

• Economic development
• Informal sector
• Macroeconomics

Working Paper

Debt relief and the scaling up of aid to low-income countries should allow for greater fiscal space for expenditure programmes to create long-term growth and lower poverty rates. But designing a suitable medium-term fiscal framework that fosters a...

• Economic assistance and foreign aid
• Economic policy
• Fiscal policy

Working Paper

This paper looks at historical and current frameworks to manage macroeconomic linkages among economies. It considers first the evolving nature of global payments imbalances. It then focuses on the mechanisms of macroeconomic dialogue and cooperation...

• Financial institutions, International
• Foreign exchange
• Macroeconomics

Working Paper

This paper examines the macroeconomic policies and outcomes experienced by the Latin American economies during the period 1990-2010. Macroeconomic policies refer to exchange rates, monetary and aggregate fiscal policies, while macroeconomic outcomes...

• Economic development
• Equality and inequality
• Macroeconomics