Macroeconomic events and policies strongly influence agricultural sector outcomes. Chapters synthesized here delineate both feed-forward and feedback linkages between agriculture and the macroeconomy, examining how relationships change as countries develop and undergo structural transformation....

This paper takes a fresh look at two issues in the aid effectiveness debate. We begin by providing theoretical foundations for the various claims made with regard to the effectiveness of aid in stimulating long-run productivity. When foreign aid is modelled as an exogenous transfer of income or...