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Reconnecting the Peripheral Wagons to the Euro Area Core Locomotive: Mission Impossible?

This paper investigates the drivers of shock synchronization using quarterly data for 27 European countries over the period 199-2013, comparing the “core” euro area  (the euro area locomotive) with non-core EU member states and EU candidate countries (the peripheral wagons).

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Resources mobilization by Self-Help approach to Rural Development Program in Vietnam: Lessons from Saemaul Undong in Korea

Since the introduction of the Doi Moi policy in 1986, Vietnam has witnessed high economic growth accompanied by rapid urbanization, but an increasing gap between rural and urban areas. This study compares and contrasts rural development in Vietnam with Korea.

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Land Reform and Poverty in Kenya

Land is the foundation of Kenya’s development, as recognized by two recent highly publicized government documents. This paper studies how land tenure reform has impacted on poverty reduction, using the Kenya Integrated Household Budget Survey

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An Analysis of Poverty and Regional Inequalities in Ghana

This paper examines regional inequalities in Ghana based on the last three rounds of the Ghana Living Standard Survey, as well as other socio-economic variables across regions in Ghana.

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Lessons for ASEAN Countries Stuck in a “Middle-Income Trap” from Korea’s Economic Development & Institutions

This paper analyzes this phenomenon, known as the middle-income trap (MIT), with a particular focus on the select ASEAN countries of Indonesia, Thailand, Malaysia and the Philippines.

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Impacts of Price Changes on Poverty: The Nigerian Experience

The proportion of people living in extreme poverty, especially in Nigeria, fell only marginally between 1990 and 2006. The primary objective of this study is to systematically capture the impact of price changes on poverty in Nigeria.

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Role of Copper in the Chilean and Zambian Economies: Main Economic and Policy Issues

The paper examines the existing differences between the problems of abundance and dependence on natural resources by considering the cases of copper in Chile and Zambia.

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Economic Growth, Employment Generation and Poverty Reduction in Nigeria

This study attempts to critically examine the interconnection between income inequality, employment and poverty reduction in the process of economic growth in Nigeria.

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A Contribution to the Public-Private Wage Inequality Debate: The Iconic Case of Romania

In Romania, the public sector still employs about 30 percent of the workforce, and the wage bill is around 20 percent of the current budget expenditures. The purpose of the research is to shed light on the determinants of the public-private wage differential and on the dynamics and decomposition of wage inequality between the private and public sector in 2004 and 2009.

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Subgroup and Shapely Value Decompositions of Multidimensional Inequality: An Application to South East European Countries

This paper attempts to construct a multidimensional inequality index with three variables – in addition to the usual one of income – by including health, education and housing quality in the context of three large South-East European countries – Bulgaria, Romania and Serbia – for which comparable Household Budget Surveys were available.

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