Working Paper
Income Distribution Changes and their Impact in the Post-World War II Period
This paper analyses the trends in within-country inequality during the post-World War II period, with particular attention to the last 20 years, on the basis of a review of the relevant literature and of an econometric analysis of inequality trends...
Working Paper
The Characteristics of Macroeconomic Shocks in the CFA Franc Zone
In this paper we fit a VECM in output and prices to data from ten countries of the CFA Franc Zone. This model allows for various cross-country interactions in both the short run and the long run. The VECM parameters are used to estimate persistence...
Working Paper
Monetary Policy in the CFA Zone
This paper examines whether the BCEAO has made use of the various policy instruments at its disposal for steering credit in the individual CFA zone member countries to complement interest rate policy at the zone level. We estimate whether private...
Blog
Aid fungibility, ownership and the effectiveness agenda
by
Zunera Rana
June 2023
For many people, aid fungibility is a misunderstood topic—it is mostly confused with the idea of corruption. Aid fungibility, on the other hand, is...
Journal Article
Firm-Level Corruption in Vietnam
This article uses panel data from a survey of small- and medium-sized enterprises in Vietnam to uncover which firms pay bribes and which do not. We also study how bribe paying evolved between 2005 and 2007 and test how the determinants of bribes...
Working Paper
The Effect of Climate Change on Economic Growth
This paper is a contribution to the empirics of climate change and its effect on sustainable economic growth in Sub-Saharan Africa. Using data on two climate variables, temperature and precipitation, and employing panel cointegration techniques, we...
Working Paper
Poverty Mapping with Aggregate Census Data
Spatially disaggregated maps of the incidence of poverty can be constructed by combining household survey data and census data. In some countries (notably China and India), national statistics agencies are reluctant, for reasons of confidentiality...
Working Paper
Estimating the level and distribution of global wealth, 2000–14
Davies et al. (2008, 2011) provided the first estimates of the global distribution of wealth, using 2000 as the benchmark year. These estimates have been revised and updated since 2010, and the purpose of this paper is to explain the ways in which...
Book
Made in Africa
Over the past forty years, industry and business interests have moved increasingly from the developed to the developing world, yet Africa’s share of global manufacturing has fallen from about 3 percent in 1970 to less than 2 percent in 2014. Industry...
Blog
From the Editor's Desk (December 2013)
10 December 2013 Tony Addison Our November-December Angle comes amid intense activity on our ReCom—Research and Communication on Foreign Aid—programme...
Working Paper
The Legacy Effect of Squatter Settlements on Urban Redevelopment
The paper presents a theoretical model that seeks to answer the question of why former squatter settlements tend to upgrade/redevelop at a slower pace than otherwise similar settlements originating in the formal sector. We argue that squatter...
Working Paper
Foreign Aid and Mobilization of Growth Factors in Sub-Saharan Africa
This study addresses the macroeconomic effect of foreign aid on the factors of growth. Specifically, we examine the effects of foreign aid on capital investment (human capital, physical capital) in sub-Saharan Africa. Our methodological approach...
Working Paper
Is the Clean Development Mechanism Effective for Emission Reductions?
This research studies whether the Clean Development Mechanism (CDM) of the Kyoto Protocol achieves its objective of emission reductions in the host countries. It empirically investigates the impacts of CDM projects on CO₂ emission reductions for 60...
Journal Article
Is the Clean Development Mechanism effective for emission reductions?
The UNFCCC COP 17 Durban conference confirmed the need to reach an all-party-inclusive global climate agreement by 2015 as the successor of the Kyoto Protocol. Although this Durban ‘road map’ is promising, the international negotiation process for...
Working Paper
Can fungibility of development aid lead to more effective achievement of the SDGs?
In this paper, we explore the relationship between foreign aid fungibility and aggregate welfare. Using panel data from 35 low-income and lower-middle-income countries, we first check the presence of sectoral aid fungibility in our sample and find...