devaluation of the Central African Franc (CFA) in January 1994 had highly significant effects on the GDP growth of 10 CFA …

constraints and small economic size. This paper explores the potential linkages between export structure and economic growth and … industries. The empirical analysis finds that export diversification may promote economic growth and reduce economic volatility …

recognized as being critical building blocks for the structure, development and functioning of LCBMs. This Working Paper seeks to … for the development of LCBMs that would adequately address common challenges and impediments …

; (iv) ultimately, a superior option-for both the world's climate and growth prospects-is the development of clean energy … capacity, thus causing global warming and blocking a similar, fossil-fuel driven development path for emerging markets and … developing economies (EMDEs). This paper develops a simple model of a sequential, fossil-fuel driven development process to …

This paper provides evidence of a strong relationship between the short-term dynamics of growth and inequality in … developing economies. We find that reductions in inequality during growth upswings are largely reversed during growth slowdowns … channel through which fluctuations in growth affect future dynamics in inequality. These findings suggest that both the …

marriage is not only critical from a development perspective but it also has important economic implications. This paper is the … first to quantify the relationship between child marriage and economic growth. Applying a simultaneous equations model, the … analysis shows that eliminating child marriage would significantly improve economic growth-if child marriage were ended today …

We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different … than investment in infrastructure in promoting long-run economic development when investments earn their average estimated …