This paper uses three waves of panel surveys at the household level to study growth and poverty in Albania over the period 2002-2004. It attempts to answer two main questions. The first question is directed at finding the micro determinants of growth and aims to expose the obstacles households...

For decades, the notion of ‘sustainable development’ has been a source of international contention and debate. While the meanings and implications of sustainable development are widely disputed, it is interpreted by many as an ideal that encompasses social, environmental and economic spheres...

Privatization and private sector development have been primary methods of development throughout Uganda and Africa for the last 20 years. These two valuable tools, however, have been plagued by corruption as many former State Owned Enterprises are being divested into the pockets of political...

Arabica coffee production in Cameroon is struggling. Coffee growers and their plants are aging rapidly due to a lack of incentives to continue production. The downturn in arabica production started in the 1980’s, with the drop in the world price of coffee and the privatization of formerly...

Microcredit is not a 21st century phenomenon, but it has gained remarkable momentum recently, with the awarding of the 2006 Nobel Peace Prize to the founder of the Grameen Bank of Bangladesh. Fondo Esperanza saw a need for such facilitated access to small loans around Chile. Though Chile is...

Copper fuels the Chilean economy more than any other good or sector. But despite being Chile’s greatest resource, copper does very little for the average Chilean because most of the benefits are captured by mining companies and the government. Furthermore, the copper producing sector is...

The Mexican economy experienced a geographical dispersion of the manufacturing sector localization that favored the northern border region and the states surrounding Mexico City during the period 1980-2003. The result was caused by the previous higher concentration and because of the economic...

Human development is the beginning of economic growth. The main purpose of wealth should be to enrich people’s lives, to broaden people’s choices and to enable every citizen, every child, every woman and every man to reach her or his full potential. Yet, as the experience of many countries...

Empirical evidence illustrates that diversity generates both economic costs and benefits. This paper develops a theoretical model that accounts for the positive and deleterious effects of heterogeneity. First, an expanded Solow Growth Model demonstrates that the direct effects of diversity can...