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Publications (18)
Book Chapter
– Is Africa Different?
This chapter revisits the link between exchange rate regimes and trade in the context of Africa’s exchange rate arrangements. Applying an augmented gravity model that includes measures of currency unions and pegged regimes, the paper compares Africa’s experience with that of the world. Our results...
Working Paper
pdf
– The Case of Africa
Scholars and policy makers believe that democracy will bring prosperity through integration into the global economy via increased international trade. This study tests two theories as to why democracies might trade more. First, political freedom may be correlated with economic freedom, thus...
Journal Article
– Evidence from Tunisia
The purpose of this paper is to study the determinants of the inefficient functioning of the Tunisian labour market. The study takes advantage of the recent development in the stochastic frontier techniques and estimates, the matching function for Tunisia using disaggregated data.We include control...
Working Paper
pdf
– Is Africa Different?
This paper revisits the link between exchange rate regimes and trade in the context of Africa’s exchange rate arrangements. Applying an augmented gravity model that includes measures of currency unions and pegged regimes, the paper compares Africa’s experience with that of the world. Our results...
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 total factor productivity as the primary culprit...
Working Paper
pdf
– Evidence from Ghana’s Microfinance Sector
This paper examines the combined effect of interest rates and poverty levels of microfinance clients on loan size. Cross section data on 2,691 clients and non-clients households from Ghana is used to test the hypothesis of loan price inelasticity. Quantile regression and variants of least squares...
Working Paper
pdf
– Evidence from Tunisia
This paper studies the determinants of the inefficient functioning of the Tunisian labour market. The study takes advantage of recent developments in the stochastic frontier techniques and estimates the matching function for Tunisia using disaggregated data. We include control variables as...
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. Africa’s growth rate for 2009 and 2010 has recently been revised substantially downwards by international financial institutions. For instance the...
Working Paper
pdf
– The Importance of Policy Syndromes and Governance
The current paper, 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 total factor productivity as the primary culprit...
Working Paper
pdf
This paper defines a role for human rights and human rights workers in the discussion of humanitarian emergencies. The approach is to look at how human rights law, monitoring, and information can be useful in two ways: (1) to warn of an impending humanitarian emergency, and (2) as part of efforts to...
Working Paper
pdf
– Policy Implications for the Small- and Medium-Size Enterprise Sector
In this paper, the role of small and medium size enterprises in the economic transformation of the countries of Central Europe is assessed. It argues that although these fulfil an important role, they are less significant as agents of macroeconomic transformation than the re-structuring of large...
Working Paper
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Since 1992 a series of radical and successful reforms of their ownership and governance structures have been conducted by China's small and medium enterprises (SMEs). Innovative arrangements such as 'joint-stock co-operatives', 'joint-stock partnerships', 'grafted joint ventures' and 'small...
Working Paper
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This study presents an up-to-date survey of the comparison issue between state-owned enterprises (SOEs) and township and village enterprises (TVEs) in China. Although TVEs are disadvantaged in areas such as technology, labour skills, education levels of staff, access to bank loans and government...
Working Paper
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This paper explains correlations between humanitarian emergencies and political economies of 'failing states' in Liberia and Sierra Leone. In both, Cold War era rulers acquired personal power through their influence over economic exchange, irrespective of conventional public/private distinctions...
Working Paper
pdf
– The Political Economy of Emergency in Haiti
Towards the Abyss? The Political Economy of Emergency in Haiti analyzes the various factors that have contributed to create a protracted humanitarian emergency situation in Haiti. The first section deals with the economic causes, the interplay between population growth, erosion and falling rural...
Working Paper
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This diagnostic study explores the political conditions that are associated with humanitarian emergencies. It employs a risk rather than cause-effect methodology. Humanitarian emergencies are not random events. They occur most frequently in states having the following characteristics: i) more than...
Displaying 16 of 18 results