Why do images and reports of starving and malnourished Africans appear so often in the media? What are the actual dimensions of the problem? What has trade and climate got to do with it? In How Africa Eats: Trade, Food Security and Climate Risks,…
The finite nature of certain fossil fuels, which are essential inputs in production, imposes a substantial constraint on the economy's long-term growth potential. This paper develops an endogenous directed technical change model under uncertainty…