The purpose of this paper is to develop a strategy for PCT in the DRC, drawing from the experience of other countries that have gone through this triple transition. These experiences will be used to identify the tasks that need to be carried out in the DRC, to illustrate domestic policies that...

This paper takes advantage of a massive school construction program that took place in Indonesia between 1973 and 1978 to estimate the effect of education on fertility and child mortality. Time and region varying exposure to the school construction program generates instrumental variables for...

Peer review and public-private partnerships hinge on transparency. Transparency is about commonly shared knowledge about the economy, its performance, and the way policy influences it. The Composite Indicator of Economic Activity in Mozambique (ICAE) is a tool of knowledge whose construction is...

The so-called “accession economies” preparing to enter the European Union are experiencing increased inward capital flows based upon positive interest spreads and expectations of currency appreciation. While the authorities of these countries have tried to manage these flows and to prevent...

The five former Soviet republics have become separate states, developing at different rates and in different directions, and with different political and economic regimes. As a result, the cohesion of the region has broken down and economic development is hampered by internal and regional...

Timor Leste, the first new nation of the twenty-first century, is a young country facing many of the most challenging problems of underdevelopment: illiteracy, malnutrition, low skills base and high unemployment. It also is on the threshold of facing the potential pitfalls of being a relatively...

In spite of the remarkable developmental performance of Cape Verde, the private sector remains dominated by small and micro-enterprises which generate little employment and provide scant tax revenue. The authors suggest creating new forms of innovative and wide partnerships between the state,...

The paper attempts to explain why single factor explanations of the poverty of nations are usually found to be unsatisfactory. Middle- and low-income countries excluding sub-Saharan Africa, for instance, have an income per head which stands at about one third of the rich countries’ income per...

How do multinational firms affect both the demand for and supply of skills in host country labour markets? On the demand side, inward FDI can stimulate demand for skilled workers in host countries through several channels. Most empirical evidence indicates that these channels work mainly within...

This paper studies the puzzling lack of correlation between income and schooling in macro regressions. It is argued that the root of the puzzle is threefold. First, there is a problem of a proper definition of the way in which years of schooling should enter into a production function. Second,...