Failure to accumulate human capital is one of the pressing problems of developing countries. Lacking human capital formation bears consequences on an economy wide level, since education contributes to labor productivity. We examine the impact of increased school enrollment with regard to...

Trade liberalization in the early 1990s in Bangladesh has enabled the private sector torespond with market-stabilizing inflows of rice and wheat following major productionshortfalls. At the same time, easing of restrictions on foreign investment, combined withsubstantial depreciation of the...

Two sets of issues loom large on the economic horizon of Malawi: poverty alleviation and the country’s vulnerability to shocks emanating from the outside world. In this paper, simulations with a Computable General Equilibrium (CGE) model of Malawi are used to analyze aspects of these issues....

We compare the impact of alternative domestic and global trade liberalization scenarios on fiveeconomies in Southern Africa. The study applies a computable general equilibrium model thatemploys standardised 12-sector social accounting matrices for Malawi, Mozambique, Tanzania,Zambia, and...

This working paper documents the construction of a 1993-94 Social Accounting Matrix(SAM) for Bangladesh. 1 The SAM distinguishes 10 agricultural sectors—including twodifferent kinds of rice technology—and 19 manufacturing sectors, out of 43 sectors intotal. It also differentiates between...

The last few years have seen a proliferation of attempts by various institutions to create a framework that would enable analysts to have a broad overview of all transactions in the Malawian economy. A first attempt was made by Lodh and Chulu (1994) to construct a macro accounting framework...

This study quantitatively analyzes the general equilibrium effects of declines in world demand for tobacco products. The study finds that tobacco exports and production in the three developing countries, Malawi, Zimbabwe, and Turkey, would be badly hit if world tobacco prices fall due to the...