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Publications (6)
Mozambique, over the last two decades, has experienced explosive growth, with an average GDP growth rate of almost 8 percent between 1997-2015. Not only that, but, for the most part, Mozambique has a track record of solid macroeconomic policies, like controlling inflation, reducing current account...
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Over the past twenty years, Mozambique has achieved remarkable progress in promoting macroeconomic growth and stability. Nonetheless, poverty rates remain high and labour market activity is dominated by smallholder farming. We use recent household survey data to dig into these trends and provide an...
Working Paper
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– An Alternative Transition Path
This paper examines the nature of the unorthodox ownership and governance structures that are emerging among firms and the way these structures are supporting the remarkable economic growth in the transition economies of East Asia, as represented in particular by China and Vietnam. These economies...
Working Paper
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– Transition as a Socialist Project in East Asia
In analyzing Viet Nam's recent economic adjustments, this paper attempts to distinguish events and policies that are properly assigned to the transition effort (defined as the process of increasing the market determination of economic outcomes) and those more properly associated with economic...
Working Paper
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– 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...
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