Economics – An Apology
Mainstream economics, it has been claimed, has failed rather miserably in recent years and needs an overhaul. True, most economists […]
Catch-Up and the Curse of Oil
New paper with Gylfi Zoega Abstract Because of convergence, initial income is an important explanatory variable in many growth regressions. […]
Principal Components of Institutions, Diversification, and Growth
Fresh look at the cross-country relationship between natural resource dependence and economic growth, based on joint work with Gylfi Zoega
Double Diversification with an Application to Iceland
With Per Magnus Wijkman. Published in S. Mahroum and Y. Al-Saleh (Eds.), Economic Diversification Policies in Natural Resource Rich Economies […]
Toward Greener Priorities: Madagascar
Joint article with Jean-Pascal N. Nganou, based on our longer paper.
Diversifying and Benchmarking Madagascar
Prepared for presentation at the Global Conference on Economic Diversification 2024 at Mohammed Bin Rashid School of Government, Dubai, 31 […]
Principal Components of Institutions, Diversification, and Growth
This chapter aims to reassess the cross-country interplay among economic performance, natural resources, and institutions, including inequality. We now assess […]
Diversifying and Benchmarking Madagascar
Because excessive specialization can be risky, diversification matters for sustainable development. A case study of Madagascar, this paper begins by […]
From Cultural Capital to Growth
Makes the case for music and visual arts as an important part of economic and social development.
Mongolia
Balancing Natural Resources and Human and Social Capital Pathways to Economic Diversification in Mongolia Prepared for 23rd Journées Louis-André Gérard-Varet […]