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This paper examines exit from aid-dependence. By ‘exit from aid’, we mean substantial and enduring decline over time in foreign aid as a share of national income. The relevant macroeconomic variables are identified by systematically comparing two groups of countries. These are countries that...
Foreign acquisition of farmland has become a contentious political issue in African countries targeted by these deals. This paper studies the welfare e§ects of FDI in farmland on the local population. We build a heuristic microeconomics model of local peopleís occupational choice in the context...
Utilizing the 2007 and 2010 labor force surveys, this paper documents that very high youth unemployment is a key feature of the Swaziland labor market and analyzes policy options that could help address this challenge. First, the paper characterizes the Swazi labor market and its youth segment with...
We are deeply grateful to Kofi Awusabo-Asare for coordinating our household survey and his numerous suggestions along the way. We are also grateful to the management of Social Security and National Insurance Trust (SSNIT) Fund of Ghana for providing access to individual records; and the team of...
The study analyzed the impacts of regional trade agreements on intra-trade in three selected agrifood products which are maize, rice and wheat in the three regional economic communities (RECs), namely the Common Market for Eastern and Southern Africa (COMESA), the East African Community (EAC) and...
This paper sets out to evaluate the impact of human capital endowments on measured inequality using the 2007 Cameroon household consumption survey. In particular, the paper (1) estimates determinants of household economic well-being using the control function econometric approach in which human...
Food assistance is one of the most common forms of safety net programs in developing countries. Though there are strong humanitarian arguments for such programs, they are often criticized on the grounds of their possible influence on creating disincentives to work and on crowding out private...
L’intégration régionale est une composante fondamentale des stratégies de développement des pays africains. Elle possède plusieurs avantages : elle permet de briser les frontières étroites et de constituer de vastes marchés dans lesquels circulent librement les personnes, les biens et les capitaux...
Most countries in Sub-Saharan Africa (SSA) have experienced a period of high economic growth beginning around the mid 1990s, leading to renewed optimism about the region’s development prospects.2 Furthermore, most countries in the region weathered the global economic crisis of 2008–2009 remarkably...