In analysing Argentina's variable growth record over the period 1913 to 1984, the study develops a comprehensive framework which disaggregates the economy into three sectors: agriculture, nonagriculture and government. The aim is to examine the relative performance of these sectors in the...

This study develops a conceptual framework for analysing the ways in which changes in the economic environment modify factor productivity. It focuses on the technology actually used in production — implemented technology — rather than the generation of technology. Implementation reflects the...

Aid ineffectiveness, fragmentation, and volatility have already been highlighted by scholars and OECD studies. Far fewer studies have been devoted to another problem of capital flows: herding behaviour. Building upon a methodology applied to financial markets, where herding is a common feature,...

The rapid and massive increase in rural-to-urban worker flows to the coast of China has drawn recent attention to the welfare of migrants working in urban regions, particularly to their working conditions and pay; serious concern is raised regarding pay discrimination against rural migrants....

This study provides a general analysis of economic relations between Spain, as a donor of official development assistance (ODA), and Ecuador, as a partner and recipient of development aid. It seeks to assess the potential (in)coherence between Spain’s foreign economic activities and the goals...

In this paper we test the impact of elections on fiscal policy in Latin American economies in comparison to OECD countries over the period 1990-2006. We find that in Latin American countries, the average primary balance declines by an amount close to 0.7 per cent of GDP during an election year,...

The last decade has exemplified a retrenchment of bank lending in developing countries. International banks strive to boost capital ratios, thereby raising equity, reducing their less profitable assets and rebalancing portfolios towards less risky claims. In that context of underfinanced...

This paper provides a theoretical and empirical overview of the relationships among trade, aid and FDI, both in terms of policy interactions and interactions among resource flows. Aid flows from one country to another can have positive or negative effects on trade flows between those countries....

The paper examines the effect of differing policies in the post-independence period on the agricultural and overall economic performance of Zambia and Zimbabwe. It focuses on the interaction between macroeconomic and agricultural policy reforms. It shows that macro and micro reforms need to be...