Africa represents a small share of global production and trade, while hosting half of the extreme poor worldwide. To catch up with the rest of the world, there is no alternative: the continent needs to link its production and trade to the global economy to take advantage of unlimited demand and...

The role of property rights in resource allocation has been one of the central themes in development economics. There exists extensive theoretical arguments that property rights in land are closely associated with the productive efficiency of agricultural resources as well as investment...

The complexity of the operational concept and definition of food insecurity has complicated the study of the 'food insecure’ and efforts to determine clear policy directions. Previous findings on the prevalence and severity of food insecurity are inconsistent and often depend on the measure...

This paper contributes to the discussion on Africa's pathways to economic transformation by examining the roles of trade patterns-specifically, South-South and North-South trade-focusing on intermediate and capital goods sourced from both the Global North and the Global South. The paper relies...

One of the striking features of many developing Regional Integration Areas (RIAs) is the strong asymmetry between countries. In this paper, we consider a three-country two-sector model in a footloose capital framework. Two of these countries are involved in a regional integration process while...

This paper analyzes and reconciles macro and micro evidence on savings and factors that affect savings, as well as possible policy implications. At the aggregate level, the main question is how savings are affected by growth and macroeconomic policies and variables (fiscal policy, exchange rate,...

Eurasian cities, unique in the global spatial landscape, were part of the world's largest experiment in urban development. The challenges they now face because of their history offer valuable lessons to urban planners and policy makers across the world from places that are still urbanizing to...

Intra-subsaharan African trade appears to be very limited, an outcome that is often justified on the grounds of the size of the exporting and the importing economies. If that were the explanation, there would be no untapped trade potential. We argue instead that the main determinant of this...