Energy subsidies cost Ecuador 7% of its public budget, or two thirds of the fiscal deficit. Removing these subsidies would yield local economic and environmental benefits and help implement climate…

The book discusses the foundations of economics development and institutions. The chapters touch on several issues such as : 1) Institutions,Clientalism and Inequality 2) Institutions and Growth 3)…

The interdependence between agriculture and industry sectors has increased in developing countries where smallholder farmers dominate agricultural production. However, methodology for assessing the…

The loss of ecosystems in cities may involve high long-term economic costs and severe impacts on social, cultural, and economic values. However, it is difficult to put a number on the benefits of…

The Environment Operational Directions 2013–2020 of the Asian Development Bank (ADB) identified strengthening environmental governance in developing member countries (DMCs) as a priority area. Studies…

We propose a multivariate dynamic intensity peaks‐over‐threshold model to capture extremes in multivariate return processes. The random occurrence of extremes is modeled by a multivariate dynamic…

Economic development in sub-Saharan Africa has increased carbon emissions and will continue to do so. However, changes in emissions in the past few decades and their underlying drivers are not well…

Researchers and officials interested in people’s attitudes toward risk when designing public policies should make sure that their questions about risk are asked in the specific context of the policy…

Literature on the resource curse argues that resource windfalls, such as those resulting from a commodity price boom, crowd out several determinants of long-term fiscal income (Papyrakis and Gerlagh…

This paper examines the welfare angle of Pay As You Go (PAYG) type social security under differential mortality among different income groups. Empirical evidence suggests that agents who have low…