Our answer: Not so well. We reached that conclusion after reviewing recent research on the role of technology as a source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing instead to demand factors as the main force behind the...

Agricultural price policies are under closer review now in many developing countries. There is a growing tendency to rely more on market forces. What impact have agricultural price policies had on the performance of the agricultural sector in developing countries until now?

The growth strategies pursued by the vast majority of developing countries considerably neglect the agricultural sector. The following article discusses the main determinant factors for this discrimination, namely the shortcomings of macroeconomic as well as sectoral and project policies.

The low agricultural output of many developing countries is often blamed on discrimination against the farm sector, especially as a result of low state-regulated prices. Accordingly, it is argued that agricultural prices should be raised to offer producers incentives to expand production....

This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework. It gauges whether particular policies and reforms matter more for increasing productivity...

There are signs indicating that in many developing countries land ownership has become more concentrated in the past decade. This is all the more significant as in developing countries the large majority of the population derives its income from farming. Land reforms are needed to ensure a more...

Development technology will have a crucial role to play in the realization of the Third World’s ambitious industrialization plans. Professor Havemann presents a system of development technologies which is expected to help in establishing appropriate organizational and research facilities.

Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmission and income inequality are explored in a global Computable General Equilibrium...