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Publications (4)
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...
– Will local content do the trick?
Extractives and interlinked industries are expecting a boom in Mozambique. This could be good news for the country’s economy, in theory. But can extractives really work as a driver to diversify the Mozambican economy? It is unlikely that the extractives sector can any time soon be used to finance...
– How can natural resources support inclusive growth in Africa
For a growing number of countries in Africa the discovery of natural resources is a great opportunity, but one accompanied by considerable risks. There is an extensive literature linking natural resource dependence to poor economic performance. One cause is that resource-abundant economies tend to...
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