To explain the process of development historically documented, we consider a model with three economic sectors (agriculture, manufacturing and services) characterized by different productivity gains and by saturation levels in the demands of agricultural and manufactured goods. Our parsimonious...

Over the last decade, a growing body of literature dealing with the phenom-enon of the "middle-income trap" (MIT) has emerged. The term MIT usually refers to countries that have experienced rapid growth and thus reached the status of a middle-income country (MIC) in a very short period of time,...

Using surveys and administrative data from post-war Liberia, the hypothesis that peacekeeping deployments build peace "from the bottom up" through contributions to local security and local economic and social vitality was tested. The hypothesis reflects official thinking about how peacekeeping...

Using surveys and administrative data from post-war Liberia, the hypothesis that peacekeeping deployments build peace "from the bottom up" through contributions to local security and local economic and social vitality was tested. The hypothesis reflects official thinking about how peacekeeping...

The global education goals, with their emphasis on the quantitative indicators such as the enrollment rates or the number of years of schooling, may have led to too narrow a focus in linking education to human capital development. While many low-income countries have made remarkable progress...