Filter by...
Reset all
Publications (6)
Working Paper
pdf
– Are There Lessons for Countries in Africa?
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 argues that Brazil’s unique combination of economic...
Working Paper
pdf
– Analysis with evidence from Swaziland
The shortages of entrepreneurial skills have lowered search effectiveness of potential young entrepreneurs and the rate of youth start-ups. Our paper contributes to closing the gap in the entrepreneurship and development literature with a model of costly firm creation and skill differences between...
Policy Brief
pdf
Talent (combining creativity, education, skills, and knowledge) is associated with human capital and provides a very valuable economic resource. In the past, the emigration of human capital from developing countries raised fears because of the associated 'brain drain'. This is still a valid concern...
Working Paper
pdf
– Policy versus Non-Policy Factors
All centrally planned economies suffered from over-investment. Due to low capital productivity, reasonable growth rates in output could be maintained only with high investment/GDP ratios. Nevertheless, the sharp reduction in investment during transformational recession and its slow growth during...
Working Paper
pdf
– The Impact of Demographic, Investment and Social Policy Changes
This paper analyses the long-term growth and welfare impact of the transition to the market economy in the countries of Eastern Europe. We define welfare as the average real net wage after payments of social security contributions to fund a paygo-type pension system, and of taxes to service the...
Working Paper
pdf
– What Makes the Russian Economic Transformation a Special Case
This paper seeks to explain, why Russian (and CIS) economic transformation was neither a shock therapy nor a gradual transition case, but instead followed a sort of middle ground inconsistent shock therapy path. It is argued that there were some objective constraints, mostly of a social and cultural...
Displaying 6 of 6 results