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The East Asian Financial Crisis : A Year Later
East Asia Crisis Workshop, IDS, 1998Purpose of this paper is to analyze the causes and consequences of the East Asian financial crisis with the view to discovering whether intrinsic instabilities in the international capital markets helped set it in motion and also whether they deepened the crisis, particularly in Thailand, Malaysia, Indonesia,and Korea.DocumentThe Measurement of Dynamic Poverty with Geographical and Intertemporal Price Variability: Evidence from Rwanda
Centre for the Study of African Economies, Oxford, 1998Little attention has been devoted to the effects of absolute and relative prices variability at local and seasonal levels, for the measurement of living standards in LDCs. In particular, it is not known if a substantial share of welfare or poverty indicators may be the consequence of price differences rather than of differences in living standards across households and seasons.DocumentThe political economy of ethnicity
Centre for the Study of African Economies, Oxford, 1998Paper investigates the effects of ethnic diversity on economic performance and the risk of violent conflict. Diversity has various detrimental microeconomic effects, tending to reduce public sector performance, increase patronage, and lower the level of trust among individuals. However, whether diversity adversely affects overall economic growth depends upon the political environment.DocumentPolicy Rules and Bidding Behaviour in the Ethiopian Foreign Exchange Auction
Centre for the Study of African Economies, Oxford, 1998Ethiopia adopted a repeated Dutch auction for foreign exchange in May, 1993. Various African countries with rudimentary financial systems and thin foreign exchange markets have successfully employed auctions in transition from centralised, controlled systems to decentralised interbank markets. This paper characterises the rules, regime shifts and auction outcomes in Ethiopia.DocumentRates of return on physical and human capital in Africa's manufacturing sector
Centre for the Study of African Economies, Oxford, 1998In this paper two sets of issues are addressed using panel data from the manufacturing sector of five African countries. First, how high are the returns to human relative to physical capital. Second, what is the relative importance of technology and endowments of human and physical capital in determining differences in earnings and productivity across the countries.DocumentMeasures of Participation in the Digital Techno-structure: Internet Access
Science and Technology Policy Research, Sussex, 1998Paper offers a conceptual alternative to current survey measures of digital participation. Current measures (whether for home or work) dwell on physical access and the mere presence of digital appliances in people's lives. Almost nothing is known about variations in skills and use.DocumentIndia's software industry
Institute for Development Policy and Management, Manchester, 1998Book focusing on India's billion-dollar software outsourcing trade: production figures; number of workers; the Indian producer firms and the US and European clients involved; costs; productivity data; divisions of labour and skills; impact of automated programming tools and other threats; historical trends and future directions; etc.DocumentDistilling the Lessons from the ESAF Reviews [IMF Enhanced Structural Adjustment Facility]
International Monetary Fund, 1998Paper begins with a brief summary of lessons for program design; the staff and Executive Directors are encouraged to view this as a checklist (Section II) of areas where programs need to be strengthened.