Guinea-Bissau is currently one of the least developed countries in the world, ranking 178th out of 189 countries on the Human Development Index (2019). We study the economic and human development outlook to 2040. We show that economic growth will improve the human condition in Guinea-Bissau...

Per capita income in the richest countries of the world exceeds that in the poorest countries by more than a factor of 50. What explains these enormous differences? This paper returns to an old idea in development economics and proposes that complementarity and linkages are at the heart of the...

The aim of the present article is to further develop the line of research initiated by Oreiroet al. (2019) by expanding the database used to calculate the EQI and the EQG, but also to control the effects of variables other than the EQG, such as the amount of capital per worker, over the PCIG and...

The M&A market roared in 2021, bolstered by increasing (and perhaps excessive) optimism about COVID-19 vaccine rollouts, pent-up demand, copious liquidity and significant macroeconomic support. While 2020 was a tale of two cities, with a first chapter marked by a significant number of unsigned...