Category: E. Economic Development
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There’s More to Life than Money: Exploring the Levels/Growth Paradox in Income and Health is forthcoming in the Journal of International Development. It discusses historical and recent cross-country evidence relating income to measures of health. After a review of the literature on income and the quality of life, the paper looks at long-term historical evidence…
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What Do We Know About Economic Growth, Redux is an unpublished short paper. It revisits the cross-country growth literature six years after What Do We Know About Economic Growth Or, Why Don’t we Know Very Much? Since then, even more evidence has piled up that growth is a complex, context-dependent process difficult to explain using…
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Is Anywhere Stuck in a Malthusian Trap? is an unpublished short paper. The key features of the Malthusian model are that (i) income determines population growth, with rising wages increasing survival rates and (ii) there is a vital factor of production (land) which is fixed, implying decreased returns to scale for all other factors. The…
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Putting Life Back into Miracles is an unpublished short paper. If you type "Middle East Miracle" into Google, you get a paltry 151 hits, compared to 29,000 for "East Asian Miracle." And yet despite a grim economic performance, between 1962 and 2002 life expectancy in the Middle East and North Africa increased from around 48…
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Is Africa a Failure? is an unpublished short paper. The usual way to refer to the performance of African countries over the forty or so years since independence is as a ‘crisis,’ or even a ‘rot.’ In these versions of Africa’s recent history, there is but one thing to argue over –who is to blame.…
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Why Are We Worried About Income? Everything That Matters is Converging was published in World Development 33, 1, 2005. Convergence of national GDP/capita numbers is a common, but narrow, measure of global success or failure in development. This paper takes a broader range of quality of life variables covering health, education, rights and infrastructure and…
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What Do We Know About Economic Growth Or, why don’t we know very much? was published in World Development 29, 1, 2001, co-authored with David Williams. The last 10 years has seen an explosion in cross country econometric studies of growth, driven by two factors—new mathematical models of the growth process that lend themselves to…
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Why Aren’t Countries Rich? Weak States and Bad Neighbourhoods was published in The Journal of Development Studies 35, 5, 1999. This article challenges a common viewpoint that the policy choices made by state leaders are central to explanations of economic growth. It argues that there are two possible flaws in this viewpoint. First, that state…
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Senegal and the Entropy Theory of Development was published in the European Journal of Development Research, 10, 1, 1998. This analysis uses Senegal as a test case to study the assumptions made by the governance agenda. After briefly charting the growth of the governance model and the theoretical assumptions on which it rests, the study…