The use of renewable energy implies a more variable supply of power. Market efficiency may improve if demand can absorb some of this variability by being more flexible, e.g. by responding quickly to changes in the market price of power. To learn about this, in particular, whether demand responds...

This research contains an econometric analysis of energy demand in trade and industry which allows for substitution between electricity and other energy carriers when relative prices change. Long-run substitution towards electricity is a means of electrifying energy demand and therefore...

Most econometric analyses of persistence focus on the existence of non-stationary unemployment but not the origin of this. The present research contains a multivariate econometric framework for identifying and comparing different sources of unemployment persistence (e.g. hysteresis versus a...

Foreign aid looms large in the public discourse; and international development assistance remains squarely on most policy agendas concerned with growth, poverty and inequality in Africa and elsewhere in the developing world. The present review takes a retrospective look at how foreign aid has...

This paper reviews and assesses the process of economic transformation in Mozambique with emphasis on the strategies and policies pursued by the Frelimo government in the first decade after dependence in 1974. Focus is on the agrarian sector and its various sub-sectors, and both main...

Quantitative project analysis drifted out of focus in academia during the 1980’s. Nevertheless, discrete projects remain the bulk of international development assistance. The present state of affairs is outlined: the application of basic principles is examined in case-context; and serious...

Globalization poses special challenges for economies in transition, particularly those which have been slow to reform systems of administered prices. Such allocation mechanisms now encounter significant friction from external market forces, and it is vital for policymakers to better anticipate...

This paper presents and uses a new, stylized single country dynamic CGE model to explore the trade-development linkages in Vietnam. Application of this framework involves addressing three basic questions: 1. Does a model that properly determines capacity additions and more fully captures...

This study estimates the capital or stock value of Vietnam’s natural resources. Natural resources are special economic goods because they are not produced. As a consequence, natural resources yield economic profits—rents—if properly managed. These rents can be an important source of...

Denne artikel har til hensigt at belyse, hvor meget fødevarebistand udviklingslandene får behov for I 1990erne. Desuden diskuteres perspektiverne for, at dette behov viI blive tilfredsstillet. Eksisterende prognoser gennemgås, og det påvises, at der i de kommende år vil blive brug for...