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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...
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Blog
From the Editor's Desk (January 2012)
Tony Addison January saw the snow arrive in Helsinki. As I look out across the harbour, the scene is one of various shades of white and grey. The...
Blog
From The Editor's Desk (December 2012)
Tony Addison This year has rushed by at speed. For UNU-WIDER it’s been a year of big successes. We will have published some 110 working papers by the...
Book Chapter
Poverty, Inequality, and Prices in Post-Apartheid South AfricaPart of Book Growth and Poverty in Sub-Saharan Africa
Blog
Perspectives for Busan: From ReComTony Addison, Lucy Scott, and Annett Victorero Aid effectiveness was a recurrent theme during the UNU-WIDER conference on ‘Foreign Aid: Research and...
Blog
The Macroeconomic Management of Foreign AidTony Addison, Tseday Mekasha, Milla Nyyssölä, Lucy Scott, Finn Tarp, Tuuli Ylinen To meet development objectives, aid recipients and their donor...
Research Brief
DebtIn 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...
Research Brief
Policy processes and the global food price crisis 2007-08The recent food price crisis and the responses of the policy makers in developing countries provide an unprecedented opportunity to analyse the policy processes in these countries. Policy responses differed depending on the nature and magnitude of...
Blog
UNU-WIDER Interview with Dr Kaushik Basu29 November 2012 Carl-Gustav Lindén In November 2012 UNU-WIDER had the pleasure of hosting a public event with Dr Kaushik Basu, the newly appointed...
Working Paper
Role of economists in policy-makingThis paper reviews the many areas in which economists play an important role in policy-making, including the quantification of objectives set by political processes, formulation of macroeconomic policy where economists have a dominating role, and...
Journal Special Issue
Macroeconomic Perspectives on AidMuch criticism of aid rests on no evidence at all, on out-of-date studies (many of which are methodologically weak) or on a misunderstanding of causation and country context. Many critics correlate weak or negative growth with aid flows, without much...
Journal Article
The Macroeconomics of AidPart of Journal Special Issue Macroeconomic Perspectives on Aid
Journal Special Issue
FDI, Employment, and Growth in China and IndiaThe project centers on the inter-linkages between the major developing countries of Brazil, India, China and South Africa and the global economy, with a special emphasis on the implications of China's growth on smaller economies and the rest of the...
Working Paper
An Integrated Approach to Modelling Energy Policy in South AfricaWe link a bottom-up energy sector model to a recursive dynamic computable general equilibrium model of South Africa in order to examine two of the country’s main energy policy considerations: (i) the introduction of a carbon tax and (ii)...
Blog
The Impact of the Global Economic Crisis on the Millennium Development Goals in Latin AmericaMarco V. Sánchez and Rob Vos Substantial slowdown in progress towards the Millennium Development Goals (MDGs) should be expected as a consequence of...
Blog
On Aid and Growth: Reflections ahead of Busan
Finn Tarp This is the first in a series of articles that Angle will be running before and after the 4th High Level Forum on Aid Effectiveness in Busan...
Journal Article
Growth of African EconomiesRecent evidence from an exhaustive political-economy study of growth of African economies—the Growth Project of the African Economic Research Consortium—suggests that ‘policy syndromes’ have substantially contributed to the generally poor growth in...
Working Paper
Is There a Brazilian Model of Development?Brazil’s recent growth has been intensely pro-poor, and both poverty and inequality have declined significantly in the last decade. It has been suggested that Brazil’s unexpected successes are the outcome of a new model of development. The paper...
Journal Special Issue
Climate Change and the Zambezi River ValleyThe articles in this special issue set forth a set of technical contributions that will improve the understanding of the impacts of climate change in developing countries. They are drawn from the Development Under Climate Change (DUCC) project...
Policy Brief
Policy Responses to the Global Economic Crisis in AfricaAfrica is the developing region most at risk from the global economic crisis. Its recent strong growth has been interrupted. Already home to the largest number of low-income countries in the world, the region is now likely to experience higher...
Journal Article
Is Economic Volatility Detrimental to Global Sustainability?In a dynamic panel data model allowing for error cross-section dependence, output volatility is found to impede sustainable development. Through a financial development channel (liquidity liability ratio), output volatility exerts a significant...
Working Paper
The Main Obstacles to Firms’ Growth in SenegalProductivity gains are the prime engine of economic growth. This paper uses a rich amount of firms’ accounting information from the Single Information Collecting Centre in Senegal over the period 1998-2011. To investigate the two main obstacles to...
Journal Article
The Return to Foreign AidPart of Journal Special Issue Macroeconomic Perspectives on Aid
Journal Article
Fiscal Reforms and the Fiscal Effects of Aid in UgandaPart of Journal Special Issue Macroeconomic Perspectives on Aid
Journal Article
The Fiscal Effects of Aid in Ethiopia: Evidence from CVAR ApplicationsPart of Journal Special Issue Macroeconomic Perspectives on Aid
Journal Article
Does Conditionality Mitigate the Potential Negative Effect of Aid on Revenues?Part of Journal Special Issue Macroeconomic Perspectives on Aid
Journal Article
The Real Exchange Rate, Foreign Aid and Macroeconomic Transmission Mechanisms in Tanzania and GhanaPart of Journal Special Issue Macroeconomic Perspectives on Aid
Journal Article
Aid, the Real Exchange Rate and Why Policy Matters: The Cases of Morocco and TunisiaPart of Journal Special Issue Macroeconomic Perspectives on Aid
Working Paper
Scoping Paper on Industry in SenegalSenegal is a typical sub-Saharan economy, which conducted an import substitution policy over 1960-86, followed by a policy of support for the private sector and liberalization of the economy. It suffers from a low level of economic development...
Blog
Africa’s Recovery from the Global Economic CrisisAugustin Fosu and Wim Naudé African economies have been shaken by the global economic downturn which followed the US-centered financial crisis of 2008...
Policy Brief
What Can the European Central Bank Learn from Africa?The 14-member Franc Zone in West and Central Africa represents the largest monetary union in the southern hemisphere, predating the European Monetary Union by decades. With monetary unions planned for other parts of Africa in the near future...
Working Paper
Poverty, Inequality, and Prices in Post-Apartheid South AfricaPost-apartheid poverty and inequality trends have been the subject of intensive analysis, yet relatively little attention has been devoted to the impact of differential price movements on the measurement of poverty and inequality. This paper aims to...
Working Paper
Stock-and-flow-consistent macroeconomic model for South AfricaWe develop a stock-and-flow-consistent model for South Africa with four financial instruments and detailed balance sheets for the household, government, financial, non-financial, and foreign sectors and the Reserve Bank. Though micro-founded, the...
Book
Resetting the International Monetary (Non)SystemThis is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. International financial crises...
Book Chapter
Global monetary co-operation and the exchange rate systemPart of Book Resetting the International Monetary (Non)System
Working Paper
Gendered Perspectives on Economic Growth and Development in Sub-Saharan AfricaResearchers have linked sub-Saharan Africa’s (SSA) poor growth performance in recent decades to several factors, including geography, institutions, and low returns to investment. This literature has not yet integrated the research that identifies...
Book Chapter
The African Economic Growth Record, and the Roles of Policy Syndromes and GovernanceThe current chapter, first, finds that although the post-independence growth of African economies has fallen substantially below that of other regions, this comparative evidence is less than uniform across time and countries. Second, it uncovers...
Working Paper
Policies to Roll-back the State and Privatize?This paper investigates poverty reduction strategy papers (PRSPs), launched by the International Monetary Fund/World Bank in 1999 as conditions for debt relief and loans. It queries whether PRSPs really represent a shift away from the controversial...
Working Paper
Climate Uncertainty and Economic DevelopmentWe apply a probabilistic approach to the evaluation of climate change impacts in the Zambeze River Valley. The economic modeling relies on an economywide modeling approach. Taking a distribution of shocks as inputs, we create hybrid frequency...
Working Paper
The Uncertainty of Debt Service Payments and Economic Growth of HIPCsThis paper investigates whether, and to what extent, the uncertainty with respect to the annual debt service payments may adversely affect economic growth of the group of highly indebted poor countries (HIPCs). We find supportive evidence for this...
Working Paper
Assessing the Risk of Cyclone-Induced Storm Surge and Sea Level Rise in MozambiqueThis article considers the impact of sea level rise and storm surge on the port cities of Maputo and Beira in Mozambique. By combining a range of sea level rise scenarios for 2050 with the potential maximum storm surge level for the current 100-year...
Working Paper
The Political Economy of Food Price PolicyRice is a key agricultural commodity in Vietnam, and the agriculture, forestry, and fisheries sector remains a major source of employment and value addition. This paper uses episodes of rice price volatility to understand how the interplay of market...
Working Paper
Poverty, Inequality and Growth in Zambia During the 1990sZambia has undergone a dramatic transformation of economic policy during the 1990s. The election in 1991 of the Movement for Multi-party Democracy government saw the introduction of a series of major economic reforms designed to transform the Zambian...
Working Paper
The Political Economy of Food Price PolicyIndia did not experience any food price spikes during 2007–08 when global food prices erupted. It was partly due to India’s ban on exports of wheat and common rice. But the fiscal stimulus that the government provided in 2009 in the wake of G8...
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