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Publications (2)
Working Paper
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The paucity of non-agricultural paid employment, and under utilization of female labour in Uganda, and other sub-Saharan African countries, is often seen to be the next major obstacle to further poverty reduction and development in the region. Despite this there have been few empirical...
Working Paper
pdf
– Lessons from China
Using a survey of 300 state-owned enterprises (SOEs), we argue that the acceleration of inflation in China after 1984 was caused by the decentralization reforms in the state sector. These reforms allowed the SOEs to realize their innate tendencies to over-consume and over-invest. The evidence...
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