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From the Editor's Desk (March 2012)Tony Addison With the ice floes now gone from the harbour outside the UNU-WIDER building, and with the snow replaced by an icy hail, there is a...
Tony Addison With the ice floes now gone from the harbour outside the UNU-WIDER building, and with the snow replaced by an icy hail, there is a...
Part of Book External Finance for Private Sector Development
Luc Christiaensen and Lionel Demery Escalating food prices in 2007-2008, climate change and land grabbing have woken the world up to the extraordinary...
Part of Journal Special Issue Economics of climate change impacts on developing countries
The goal of this paper is to evaluate the results of regional economic growth model estimations at multiple spatial scales using spatial panel data models. The spatial scales examined are minimum comparable areas, microregions, mesoregions and states...
Book review on: T. Besley and T. Persson (2011). Pillars of Prosperity: The Political Economics of Development Clusters.Timothy Besley and Torsten Persson embark on a new research agenda in their book ‘Pillars of Prosperity: The Political Economics...
This paper examines to what extent the central bank for the West African Economic and Monetary Union (BCEAO) has used interest rate policy in response to domestic economic developments. We show that while in the long run the BCEAO matches changes in...
The purpose of this paper is to study the determinants of the inefficient functioning of the Tunisian labour market. The study takes advantage of the recent development in the stochastic frontier techniques and estimates, the matching function for...
Commodity price fluctuations have been troublesome in their destabilising effects on the foreign exchange earnings of developing countries. Recently, however, attention has been drawn to their role in transmitting inflation and in inducing...
Part of Journal Special Issue Inequality and Multidimensional Well-being
Part of Journal Special Issue Policy Arena: Small Island Developing States
Development aid aimed at increasing productivity in the fisheries sector has at times had a negative effect by encouraging or facilitating overfishing. A percentage increase in capacity enhancing or bad subsidies in sub-Sahara Africa, all else being...
In a recent UNU-WIDER working paper 'Fiscal composition and aid effectiveness: A political-economy model' Paul Mosley examines the claim that aid would have, in the long term, a negative impact on productivity and stability of expenditure in...
The question of whether aid is effective in promoting economic growth is a complex and controversial one. While there is a general consensus around the idea that aid can have positive effects at the micro and meso levels, recent studies, such as...
The micro-macro paradox has been revived. Despite broadly positive evaluations at the micro- and meso-levels, recent literature doubts the ability of foreign aid to foster economic growth and development. This paper assesses the aid-growth literature...
The micro-macro paradox has been revived. Despite broadly positive evaluations at the micro and meso-levels, recent literature doubts the ability of foreign aid to foster economic growth and development. This paper assesses the aid-growth literature...