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Publications (19)
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A sustainable pathway for Africa in the twenty-first century is laid out in the setting of the development of innovation capabilities and the capture of latecomer advantages. Africa has missed out on these possibilities in the twentieth century while seeing the East Asian countries advance. There...
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Africa’s improved growth performance over the last 15 years provides an opportunity for the continent to transit from recovery to structural transformation. This paper reviews the evolution of development theory and practice, the role of agriculture therein, and the pace of structural transformation...
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Countries need capacity for a variety of reasons, including sustaining economic growth, generating jobs, reducing poverty, effectively managing development programmes, and transforming societies and economies. A lot of effort has been expended to develop capacity in Africa with mixed results. This...
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This paper discusses dimensions of inequality in sub-Saharan Africa and their causes. It starts with a review of the empirical evidence about inequality during the colonial period as well as the post-independence era. Then it discusses the forces that determine inequality change, focusing on factor...
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– Ideas, Opportunities, and Finances
This paper examines China and Africa co-operation from the angle of structural transformation as a major driver of growth and job creation. Being a bit ahead in the structural transformation process, China can provide ideas, tacit knowledge, opportunities as well as development finances in Africa’s...
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This study utilizes panel data from 14 provinces of Kazakhstan and investigates the link between the point-source resources (oil and gas) and economic growth via institutional quality. Labour force migration from manufacturing to non-traded sector occurs as a result of wage increase in the...
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– Productivity, Policy Syndromes, and the Importance of Institutions
Recent evidence from an exhaustive political economy study of growth of African economies—the growth project of the African Economic Research Consortium (AERC) suggests that ‘policy syndromes’ have substantially contributed to the generally poor growth in sub-Saharan Africa during post-independence...
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Rapid urbanization is an important characteristic of African development and yet the structural transformation debate focuses on agriculture’s relative merits without also considering the benefits from urban agglomeration. As a result, African governments are often provided conflicting...
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– Evidence from Thailand
This paper attempts to contribute to the understanding of the impacts of secure rural agricultural land rights on labour structural transformation from agriculture to non-agriculture as well as on urbanization, with a specific focus on Thailand. Using province-level panel data and instrumental...
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This paper first shows that important economic arguments in favor of the Prebisch-Singer hypothesis of falling terms of trade of developing countries have implicitly relied on the role of multinational corporations and foreign direct investment. As of yet, the relationship between the latter and...
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– Empirical Evidence from South Africa
This paper provides empirical evidence on the relationship between exports, and in particular export diversity, and regional growth in a developing country context. Using export data for 19 sectors from 354 subnational (magisterial) districts of South Africa, we construct various measures of...
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– Theory and Evidence
This paper presents a model allowing one to analyze the joint determination of inequality, taxes, human capital and growth. We consider the political economy of redistribution between three income groups in a dynamic economy. The paper seeks to explain the effect of corruptibility (exemptions) and...
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– India and Japan in Comparative Perspectives
The objective here is to understand how the mobility of technical talent might be changing the structural relationship between rich and poor countries. This paper examines the under-researched relationship between India and Japan in the context of globalization, migration, and developmental impact...
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The paper presents a model in which credit-constrained firms might delay the adoption of new and more productive technologies because of the very high external financing costs they face. Our point of departure is that the efficiency of the banking system can have a profound impact on real resource...
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Using panel data this paper examines the effects of institutions on the success of reforms and integration in the Maghreb. Institutional quality measures are developed using fuzzy-set based transformations of civil liberties and political rights. We posit that these transformations are quite...
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– The Relationship between Classical Growth and Early Development Theories
This paper extends the history of thought narrative on Allyn Young to recognize the close relationship that the classical growth theory has with the early development theory, as Young’s externalities-fuelled, cumulative growth process influenced the theoretical thought of the early development...
Displaying 16 of 19 results