“...According to recently developed models of trade based on imperfect competition and heterogeneous firms, lower trade costs increase bilateral trade, not only...”

“...A large body of econometric studies in the past two decades has yielded considerable knowledge of the connection between financial development and economic...”

“...We revisit the debate about the root causes of income divergence, and ask whether geographical variables or institutions are the main determinants of income...”

“...It is clear that a lot remains to be learnt about the role of the financial sector in African growth and development process. All three papers in this volume...”

“...While there is a large body of literature on the determinants of allocation of intergovernmental fiscal transfers in developed countries, this kind of study is...”

“...The food crisis encountered in 2002 in Malawi was arguably one of the worst in the recent history of the country. The World Food Programme estimated that...”

“...This paper investigates how the possibility to ostracise, which is a familiar punishment mechanism to subjects in the experiment, affects harvest in a common...”

“...The majority of African countries recognise the need for structural transformation. They acknowledged this need very early after attaining independence some...”

“...The essays in this volume document in various ways the limited extent of structural change in Africa over the past 40 years. They also document and analyse the...”