Publications

This publication addresses the issue of private sector involvement (PSI) in the financing of crisis resolution. The author synthesizes what has been learned about PSI in previous cases, proposes relev...chevron_right

The paper addresses the issue of globalization and its effects on world poverty and inequality. The author argues that globalization is not the cause, but neither the solution to world poverty and ine...chevron_right

This publication addresses the issue of private and public investments in Africa and challenges the claim that the lack of sufficient investment in Africa is the major obstacle to economic development...chevron_right

This publication assesses the usefulness of the International Monetary Fund's (IMF) policy of adjustment lendings in achieving reasonable growth and containing policy distortions. The author argues th...chevron_right

This publication analyzes the developing countries' access to the import markets of industrial countries. For this reasons the author sets up an index of trade policy, designed to synthesize the state...chevron_right

This publication assesses the dependence of economic development on geographic endowments, focusing on tropics, germs and crops. The authors find evidence that the three groups affect development thro...chevron_right

This publication analyzes the proposals put forward by the G7 in their 2001 meeting in Genoa to reform the Multilateral Development Banks (MDBs). The author critically addresses three key issues raise...chevron_right

This publication assesses the dynamics behind the high net resource transfers by donors and creditors to sub-Saharan African countries. The authors analyze the determinants of overall net transfers fo...chevron_right

This brief illustrates that patents may raise the prices of pharmaceutical drugs paid by governments and consumers in poor countries, but may also provide incentives for corporate investment in resear...chevron_right

This publication assesses the international Monetary Fund’s (IMF) “financial programming” model, which derives monetary and fiscal programs that should achieve macroeconomic targets in countries under...chevron_right

This publication argues that the welfare of the poor turns in large measure not only on technocratic development “policies,” but the effective delivery of key public services. Thus, the authors put fo...chevron_right

This brief describes the African Growth and Opportunity Act (AGOA), which took effect in January 2001, that allows qualifying sub-Saharan African countries to export qualifying goods duty free to the ...chevron_right

This publication examines the correlation of inequality with growth and long-run economic development. By analyzing cross-country data, the author concludes that commodity endowments predict the middl...chevron_right

This paper discusses the severity of growth disruption from major financial and/or currency crises in emerging market economies. In order to do so, the author takes the examples of Mexico, Argentina, ...chevron_right

This publication reviews the literature on the relationships between commodity dependence and slow growth and assesses the usefulness of the trade/GDP ratio as measures of trade “openness.” The author...chevron_right