This book is the third volume in a forward-looking series on the future of international trade and development, and it addresses one of the most pressing questions confronting Africa today: How to convert continental integration from political…
Despite starting with comparable economic conditions in the mid-20th century, Southeast Asia (SEA) and Sub-Saharan Africa (SSA) have followed different economic trajectories. SEA has emerged as a widely recognised model of successful economic…
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…