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Geography, demography and economic growth in Africa

Article Abstract:

Africa is home to some of the poorest countries in the world. Possible reasons why most of the countries in the region is poor lies mainly in the geographic factor. The geographic location of the continent itself, offers no opportunity for cross-cultural interaction. Demographic data shows that the small temperate zones at the north and south have higher incomes than their tropical core counterparts. No definite correlation exists between physical climate and economic climate, but trends are beginning to establish its possibility.

Author: Sachs, Jeffrey D., Bloom, David E.
Publisher: Brookings Institution
Publication Name: Brookings Papers on Economic Activity
Subject: Economics
ISSN: 0007-2303
Year: 1998
Analysis, Economic development, Africa, Economic history, Economic geography

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Financial crises in emerging markets: the lessons from 1995

Article Abstract:

A study on the effects of the Dec. 1994 Mexican peso crises on emerging markets presented during the Brookings Panel on Economic Activity held from Mar. 28 to 29, 1996 is discussed. It is shown that countries with overvalued real exchange rates, lending booms and low foreign exchange reserves were the most vulnerable to financial crisis, and deeply felt the effects of the Mexican peso crises.

Author: Velasco, Andres, Tornell, Aaron, Sachs, Jeffrey D.
Publisher: Brookings Institution
Publication Name: Brookings Papers on Economic Activity
Subject: Economics
ISSN: 0007-2303
Year: 1996
Developing countries, Mexico

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Fixed versus flexible exchange rates: which provides more fiscal discipline?

Article Abstract:

Differences in the way that flexible and fixed exchage rates affect fiscal discipline are examined in detail.

Author: Velasco, Andres, Tornell, Aaron
Publisher: Elsevier B.V.
Publication Name: Journal of Monetary Economics
Subject: Economics
ISSN: 0304-3932
Year: 2000
Economics, Research and Development in the Social Sciences and Humanities, Foreign exchange, Fiscal policy

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Subjects list: Economic aspects
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