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Publications (7)
Mozambique, over the last two decades, has experienced explosive growth, with an average GDP growth rate of almost 8 percent between 1997-2015. Not only that, but, for the most part, Mozambique has a track record of solid macroeconomic policies, like controlling inflation, reducing current account...
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Ethiopia has experienced rapid economic growth since 2005. Real gross domestic product (GDP) grew at an average rate of 10.5 per cent per annum for the period between 2004–05 and 2013–14. Public investment in key infrastructure and interventions in the agriculture sector have made important...
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Over the past twenty years, Mozambique has achieved remarkable progress in promoting macroeconomic growth and stability. Nonetheless, poverty rates remain high and labour market activity is dominated by smallholder farming. We use recent household survey data to dig into these trends and provide an...
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Can African countries learn from the development experiences of other regions? Or are the continent’s development challenges unique? This paper looks at the development experience of the Nordic countries, especially Sweden, from the nineteenth century and discusses the extent to which the observed...
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Africa’s formal economies responded poorly to economic reform measures in the 1980s and 1990s while informal markets and institutions responded dynamically and proved to be more resilient. Using comparative analysis of African informal economies, this study explains why this was the case. It...
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– A Comparative Study of Ghana and Tanzania
This paper compares reform ownership in Ghana and Tanzania over the past two decades. It finds that on several dimensions, Ghana’s early economic reforms enjoyed a high degree of ownership. That ownership was not embedded, however, in a politico-institutional framework that ensured that ownership...
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– Impact on Efficiency and Growth
This essay examines some outcomes of two decades of market oriented reforms in the West African Economic and Monetary Union (WAEMU). In general, economic performance, measured by growth of per capita incomes, has not been encouraging, despite far reaching reforms, including privatization...
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