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Publications (5)
Working Paper
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The sub-Saharan Africa region recorded the fastest conversion of forest land to agriculture in the past 20 years. The region also has the widest yield gap and together with Latin America and Caribbean has the largest unused arable land. However, there are wide variations across countries and this...
Working Paper
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Foreign aid can contribute to sustainable forestry in many ways. The goal is to secure forest benefits of the future, without compromising the needs of the present generations. This paper elaborates on forestry aid as it has evolved in the past. Future directions are suggested, referring to short...
Working Paper
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The emergence of climate finance has the potential to catalyze positive changes in the institutional architecture and distribution mechanisms for financial flows to lower income countries. The nature of the challenge of development in the context of climate change argues for recipient country...
Working Paper
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– The Role of Natural Resources, Market Size, Government Policy, Institutions and Political Instability
Data from several investor surveys suggest that macroeconomic instability, investment restrictions, corruption and political instability have a negative impact on foreign direct investment (FDI) to Africa. However, the relationship between FDI and these country characteristics has not been studied...
Working Paper
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This paper explores two proposals to tax financial flows in developing economies—the package of policies implemented to various degrees by Chile and Colombia during the 1990s, widely referred to today as the Chilean model—and securities transactions taxes (STTs). I find that each provides a viable...
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