Book Chapter
Poverty, Inequality, and Prices in Post-Apartheid South AfricaPart of Book Growth and Poverty in Sub-Saharan Africa
Part of Book Growth and Poverty in Sub-Saharan Africa
In the twentieth and early twenty-first centuries, debt crises have plagued low-, middle-, and high-income countries at various times. Indebted countries have generally addressed balance of payments crises either by (a) obtaining International...
The recent food price crisis and the responses of the policy makers in developing countries provide an unprecedented opportunity to analyse the policy processes in these countries. Policy responses differed depending on the nature and magnitude of...
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...
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...
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...
Researchers have linked sub-Saharan Africa’s (SSA) poor growth performance in recent decades to several factors, including geography, institutions, and low returns to investment. This literature has not yet integrated the research that identifies...
The current chapter, first, finds that although the post-independence growth of African economies has fallen substantially below that of other regions, this comparative evidence is less than uniform across time and countries. Second, it uncovers...
The articles in this special issue set forth a set of technical contributions that will improve the understanding of the impacts of climate change in developing countries. They are drawn from the Development Under Climate Change (DUCC) project...
Africa is the developing region most at risk from the global economic crisis. Its recent strong growth has been interrupted. Already home to the largest number of low-income countries in the world, the region is now likely to experience higher...
This paper reviews the many areas in which economists play an important role in policy-making, including the quantification of objectives set by political processes, formulation of macroeconomic policy where economists have a dominating role, and...
Much criticism of aid rests on no evidence at all, on out-of-date studies (many of which are methodologically weak) or on a misunderstanding of causation and country context. Many critics correlate weak or negative growth with aid flows, without much...
Part of Journal Special Issue Macroeconomic Perspectives on Aid
We link a bottom-up energy sector model to a recursive dynamic computable general equilibrium model of South Africa in order to examine two of the country’s main energy policy considerations: (i) the introduction of a carbon tax and (ii)...
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...
Part of Journal Special Issue Macroeconomic Perspectives on Aid
Part of Journal Special Issue Macroeconomic Perspectives on Aid
Part of Journal Special Issue Macroeconomic Perspectives on Aid
Part of Journal Special Issue Macroeconomic Perspectives on Aid
Part of Journal Special Issue Macroeconomic Perspectives on Aid
Part of Journal Special Issue Macroeconomic Perspectives on Aid
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...
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...
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...
We develop a stock-and-flow-consistent model for South Africa with four financial instruments and detailed balance sheets for the household, government, financial, non-financial, and foreign sectors and the Reserve Bank. Though micro-founded, the...
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
A sharp rise in unemployment and a sharp rise in mortality have been two recurrent aspects of the process of transition. In response to the unemployment challenge transitional economies have equipped themselves with labour market policies (LMPs)...