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What is the impact of natural resource booms on income inequality? Some lessons from Australia
Commodity price shocks can have powerful but unequal effects on labour, capital and land. A large literature, often referred to as the ‘Dutch Disease’ literature, documents the effects of these commodity booms on factors of production. An increase in global … Continue reading
Posted in Institutions and Growth
Tagged Agriculture, Exports, Inequality, Institutions, Natural Resources, Trade
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The rise and fall of (Chinese) African apparel exports
Even the tiniest signs of industrial take-off in Africa always attract the attention of economists and policymakers, both of whom are eagerly waiting for the elusive African growth miracle. One such episode of excitement was the surge of apparel exports … Continue reading
Posted in Institutions and Growth, Jobs, Finance and Skills, Policies to Protect the Poor
Tagged Exports, Firms, Trade
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