๐ Autumn reading time! Let our AI Librarian find your perfect cozy read ๐ซ
Explore the literary world of this author
This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models are estimated using data on bila...
Perspectives From the Middle East and North Africa
This paper takes stock of the economic performance of resource rich countries in the Middle East and North Africa (MENA) over the past forty years. Wh...
Evidence from Panel Techniques that Allow for Multiple Breaks
In this paper, we re-examine two important aspects of the dynamics of relative primary commodity prices, namely the secular trend and the short run vo...
The Advent of Investment Platforms
This paper investigates the emerging global landscape for public-private co-investments in infrastructure. The creation of the Asian Infrastructure In...
Evidence from Giant Oil Discoveries
This paper explores the effect of news shocks on the current account and other macroeconomic variables using worldwide giant oil discoveries as a dire...
In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are...
The Role of Total Factor Productivity and Administrative Capacity
This paper studies the optimal public investment decisions in countries experiencing a resource windfall. To do so, we use an augmented version of the...
This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil ex...
A survey of the complex and intertwined set of forces behind the various commodity markets and the interplay between these markets and the global econ...
A Reappraisal
This paper studies the volatility of commodity prices on the basis of a large dataset of monthly prices observed in international trade data from the ...
The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have ...
Evidence from a New Dataset
The paper provides a detailed description of a novel dataset on education attainment in public administrations covering the period 1981-2011 for 178 c...
Panel Data Evidenceon the Voracity Effect
This paper examines the effect that windfalls from international commodity price booms have on net foreign assets in a panel of 145 countries during t...
The 2007-2008 upsurge in agricultural commodity prices gave rise to widespread concern about investors causing a "global land rush". Large land deals ...
Evidence from the UNESCO World Heritage List
The present paper investigates whether tourism specialization is a viable strategy for development. We estimate standard growth equations augmented wi...
Lessons from South Africaโs Capital Account Liberalization
We examine the relationship between South African Rand and gold price volatility using monthly data for the period 1980-2010. Our main findings is tha...
This paper studies the spillover effects both within the bond markets for individual U.S. states and between the latter and the market for U.S. Treasu...
This a prepublication excerpt of Shifting Commodity Markets in a Globalized World....
Evidence From the European Debt Crisis
This paper examines the spillover effects of sovereign rating news on European financial markets during the period 2007-2010. Our main finding is that...
Policies to Harness the Power of Natural Resources
Countries with an abundance of natural resources, many of which are in sub-Saharan Africa, often show a record of relatively poor economic performance...
We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 count...
The Role of Political Institutions
We use a new dataset on non-resource GDP to examine the performance of commodity-exporting countries in terms of macroeconomic stability and economic ...
The paper presents evidence that the contribution of differences in total factor productivity (TFP) to income differences across countries steadily in...
We examine the behavior of expenditure policy during boom-bust in commodity price cycles, and its implication for real exchange rate movements. To do ...
Is South Africa Different?
Over the past decade, South Africa has attracted relatively little foreign direct investment (FDI), but considerable amounts of portfolio inflows. In ...
We examine the effects that international commodity price shocks have on external debt using panel data for a world sample of 93 countries spanning th...
Evidence from Sub-Saharan Africa
We use annual variation in rainfall to examine the effects that exogenous, transitory income shocks have on remittances in a panel of 42 Sub-Saharan A...
We examine the effect that revenue windfalls from international commodity price shocks have on sovereign bond spreads using panel data for 30 emerging...