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Publications (3)
Research Brief
pdf
– IMF financing versus debt-restructuring
In the twentieth and early twenty-first centuries, debt crises have plagued low-, middle-, and high-income countries at various times. Indebted countries have generally addressed balance of payments crises either by (a) obtaining International Monetary Fund (IMF) emergency financing; or (b)...
Research Brief
pdf
While South Africa’s democratic transition precipitated a period of growth, this growth was not inclusive and both poverty and inequality remain high A significant trend in the South African labour market has been the rising share of workers in the public sector High levels of demand for skilled...
– Four lessons for Africa
Industrial policy has finally moved away from the arid debate on ‘picking winners’ versus ‘levelling the playing field’. Today, there is growing understanding that the market imperfections on which the theoretical arguments for industrial policy rest are pervasive, especially in low-income countries...
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