The design of effective aid programs depends on the diagnosis of the problem. To say that institutional failures are central to Africa's poor economic performance is not to repudiate early interpretations...
In parallel (dual) foreign-exchange markets - extremely common in developing countries - a market-determined exchange rate coexists with one or more pegged exchange rates. The authors report the main lessons...
Measuring the independence of central banks and its effect on policy outcomes. On the transmission of world agricultural prices. How small enterprises in Ghana have responded to adjustment. The dynamics...