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Publications (3)
– Bad Luck or Bad Policy?
16 December 2014 John Page On 20 November 2014 the United Nations celebrated the 25th Africa Industrialization Day. But perhaps ‘celebrate’ is not exactly the right word. Africa’s experience with industrialization over the past quarter century has actually been disappointing. In 2010, sub-Saharan...
Blog
Tony Addison, Tseday Mekasha, Milla Nyyssölä, Lucy Scott, Finn Tarp, Tuuli Ylinen To meet development objectives, aid recipients and their donor partners need to effectively manage the macroeconomic effects of aid. Aid can improve the economy's supply-side and raise growth. But if the macroeconomic...
Journal Article
Using panel data from rural Ethiopia, the article discusses the determinants of consumption growth (1989–1997), based on a microgrowth model, controlling for heterogeneity. Consumption grew substantially, but with diverse experiences across villages and individuals. Rainfall shocks have a...
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