Vencatachellum, Désiré

Désiré is Director of the Development Research Department since January 1, 2011. He joined the Bank as Principal Research Economist in September 2005, and was promoted to Lead Research Economist in April 2008. He served as Acting Manager of the Networking and Partnership Division (Research Department) from May 2008 to April 2009.
Since joining the Bank, Désiré has led studies on the impact of high oil prices on African economies, debt relief and social service delivery in Africa, and the criteria which the Bank uses for allocating aid to its low income countries. Désiré has overseen the production of some of the Department’s flagship publications such as the African Economic Outlook and the African Development Report.
More recently, Désiré has a developed a methodology, and put together a team, to assess ex-ante the development outcomes of all private sector operations in which the Bank has been approach to participate, and the additionality of the Bank, as well as other Development Finance Institutions, in these transactions. The Additionality and Development Outcome Assessment (ADOA) has been since 2008 an integral part of the Bank decision process when deciding whether or not to participate in private sector operations.
Prior to joining the African Development Bank, Désiré was Professor of Economics at HEC Montréal, Université de Montréal. Désiré holds a Ph.D. in Economics (Queen’s University, Canada) and a Magistère Ingénieur-Économiste (Université d’Aix-Marseille II, France). He is a citizen of Mauritius.
Selected Publications
- ‘Asymmetric Information and Adverse Selection in Mauritian Slave Auctions’, (with Georges Dionne and Pascal St-Amour), Review of Economic Studies, Volume: 76, No. 4, 2009
- ‘Horizontal R&D Cooperation and Spillovers: Evidence from France’ (with B. Versaevel), Economics Bulletin, November 2008.
- ‘Debt Relief and Social Service Expenditure: The African Experience, 1989-2003’ (with Sylvain E. Dessy), African Development Review, Volume 19, Issue 1, 2008.
- ‘Intergenerational Education Mobility of Black and White South Africans’ (with Alain-Désiré Nimubona), Journal of Population Economics, Volume 20, Issue 1, 2007.
- ‘Dynamic R&D with Strategic Behavior’, (with Michèle Breton and Georges Zaccour), Computers and Operations Research, Volume 33, Issue 2, p. 4426-437, February 2006.
- ‘Coordination Failure and Employment in South Africa’, (with David Fryer), Journal of African Finance and Economic Development, Volume 6, No. 1, 2004.
- ‘Human Capital Externalities in South Africa’, (with Pierre-Carl Michaud), Economic Development and Cultural Change, Volume 51, No. 3, p. 603-628, 2003.
- ‘Explaining Cross-Country Differences in Policy Response to Child Labour’, (Dessy, Sylvain), Canadian Journal of Economics, Volume 36, No. 1, p. 1-20, 2003.
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16/12/2011 - AfDB promotes statistical development with the launch of the Open Data for Africa platform
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12/12/2011 - AfDB-IMF joint seminar on “Economic policies for financial stability”
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29/11/2011 - First edition of Emerging Issues Series focuses on how Africa is coping with global uncertainty
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25/11/2011 - AfDB and IMF organize training on balance of payments for statisticians
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16/11/2011 - More and more Africans are growing old but face uncertain future, reports AfDB
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25/10/2011 - What Will Africa Be Like in 2060?
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11/10/2011 - Helping Africa's Poor to Manage Risks key to Region’s Progress, Says New Report
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30/09/2011 - New AfDB Study Takes in-depth Look at China-Africa Partnership
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26/09/2011 - The achievement of the 2011 Making Finance Work for Africa Partnership Forum
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20/09/2011 - China-Africa Relations Scrutinized in AfDB’s New Book
