The Millennium Development Goals set quantitative targets for poverty reduction and improvements in health, education, gender equality, the environment, and other aspects of human welfare. At existing...
When foreign aid undermines institutional development aid recipients can exhibit the symptoms of aid "dependence" - benefiting from aid in the short term but damaged by it in the long term. The authors...
The authors review the arguments for taxing imports, considering two cases: one in which a country has market power in the export commodity, and one in which it does not. They conclude that for countries...
The authors develop a simple analytical framework that shows how the composition of public spending affects economic growth. Distinguishing between productive and unproductive government spending (that...
The authors develop a simple, formal framework for clarifying the tradeoffs involved in choosing between a fixed and flexible exchange rate system. They apply this framework to the countries of Africa's...
For most of the 13 African members of the CFA Franc Zone, the 1980s have been a decade of slow or negative growth in per capita gross domestic product, worsening balance of payments, debt crises, financial...
This paper addresses the issue of revenue constrained partial tariff reform. This is an increasingly important issue, as more & more countries are caught between the conflicting demands of restoring price...
This paper examines Thailand's curiously successful adjustment experience using a six sector general equilibrium model which is calibrated to reproduce the actual behaviour of the economy from 1973-82...