The paper presents and estimates a model of the prices of oil and other storable commodities, a model that can be characterized as…
We propose and implement a new technique for measuring the total magnitude of a growth episode: the change in output per capita resulting…
The majority of the poor and hungry people in the world live on small farms and struggle to subsist on too little land with low input - low…
Green growth requires green technologies: production techniques that economize on exhaustible resources and emit fewer greenhouse gases.…
This paper, written for a World Trade Organization compendium, investigates the possibilities open to developing nations for controlling…
The author’s 2012 book On Global Justice argues that the standpoint of humanity’s collective ownership of the earth should be central to…
Income per capita in Uganda has doubled in the last 20 years. This remarkable performance has been buoyed by significant aid flows and…
It has long been known that countries only converge conditionally i.e. poor countries catch up with richer ones only if they adopt policies…
The comparative advantage of a location dictates its industrial structure. Current theoretical models based on this principle do not take a…