Author/Editor: Emilio Sacerdoti, Gonzalo Salinas, Abdikarim Farah.

Release Date:March, 2009

We develop a simple macroeconomic model that assesses the effects of higher foreign aid on output growth and other macroeconomic variables, including the real exchange rate. The model is easily more...

Author/Editor: Gonzalo Salinas, Abdikarim Farah, Emilio Sacerdoti.

Release Date:March, 2009

Author/Editor: James Y Yao, Gamal El-Masry, Padamja Khandelwal, Emilio Sacerdoti.

Release Date:March, 2005

Mauritius has achieved remarkable success since its independence in 1968. It has one of the highest per capita GDPs in Africa, the economy has diversified from complete dependence on the sugar crop, more...

Author/Editor: Emilio Sacerdoti, Yuan Xiao.

Release Date:October, 2001

The paper analyzes the dynamics of inflation in Madagascar in the period 1971-2000, applying cointegration analysis and error correction modeling. The empirical results, based on quarterly data, more...

Author/Editor: Sonia Brunschwig, Emilio Sacerdoti, Jon Tang.

Release Date:November, 1998

This paper analyzes the impact of human capital on growth, on the basis of refined calculations of human capital, and with a focus on West Africa. Using a growth-accounting methodology, it more...

Author/Editor: Paulo Silva Lopes, Emilio Sacerdoti.

Release Date:September, 1991

Poverty has remained widespread in Mozambique, mostly on account of the prevalent war situation. This paper provides a profile of the lowest income groups in Mozambique and examines how they were more...