This paper disentangles different
aspects of land fragmentation and its impact on the
efficiency of resource use. The paper uses information on
the incidence of crop shocks to assess whether fragmentation
provides benefits in reducing risk and parcel coordinates
and terrain-adjusted travel times between parcels to more
precisely account for the associated costs in 2010/11 data
from Rwanda. While fragmentation increases the time required

Firms normally keep certain inventories,
including raw materials, work-in-progress, and finished
goods, to operate seamlessly and not to miss possible
business opportunities. But inventory is costly, and the
optimal firm inventory differs depending on various economic
conditions, including trade and transport costs. The paper
examines firm inventory behavior in East Africa, in which
transport connectivity, especially to the ports, is

The expansion of international trade has
been essential to development and poverty reduction. Todays
economy is unquestionable global. Trade as a proportion of
global GDP has approximately doubled since 1975. Markets for
goods and services have become increasingly integrated
through a fall in trade barriers, with technology helping
drive trade costs lower. But trade is not an end in itself.
People measure the value of trade by the extent to which it

Within the debate about rural development policy (RDP), there has been increasing call for a stronger territorial focus emphasising the potentials, resources and demands of regions. Investments in territorial capital and regional capacity building have been considered as the two main cornerstones of a place-based approach to rural development (OECD, 2006). On the basis of an analytical literature review, we developed a framework to operationalise a place-based approach of RDP.

Costa Rica stands out for being among the most politically stable, progressive, prosperous, and environmentally conscious nations in the Latin America and the Caribbean region. Its development model has brought important economic, social, and environmental dividends, with sustained growth, upward mobility for a large share of the population, important gains in social indicators, and significant achievements in reforestation and conservation. However, there are a number of development challenges that need to be addressed to maintain the country’s successful development path.

The Africa Competitiveness Report 2015
comes out at a promising time for the continent: for 15
years growth rates have averaged over 5 percent, and rapid
population growth holds the promise of a large emerging
consumer market as well as an unprecedented labor force that
- if leveraged - can provide significant growth
opportunities. Moreover, the expansion of innovative
business models, such as mobile technology services, is

What are the socioeconomic impacts of
resource abundance? Are these effects different at the
national and local levels? How could resource booms benefit
(or harm) local communities? This paper reviews a vast
literature examining these questions, with an emphasis on
empirical works. First, the evidence and theoretical
arguments behind the so-called resource curse, and other
impacts at the country level, are reviewed. This

The devastating civil war in Syria is
arguably one of the major civil conflicts in recent times.
The conflict started with protests in March 2011 and soon
after escalated to a violent internal war with no end in
sight to this date. The conflict has by the end of 2014
caused well in excess of 150,000 fatalities, and 6 million
internally displaced people (UN), and led 3 million refugees
to move out of the country (UNHCR). Beyond the human

Transition countries provide a natural experiment to study the development of land markets. This paper provides survey-evidence of the variation in the development of land markets, identifies a series of patterns, and provides a set of hypotheses to explain these variations in land market development.

This paper examines the micro and macro
correlates of aid project outcomes in a sample of 3,821
World Bank projects and 1,342 Asian Development Bank
projects. Project outcomes vary much more within countries
than between countries: country-level characteristics
explain only 10–25 percent of project outcomes. Among macro
variables, country growth and the policy environment are
significantly positively correlated with project outcomes.

Drawing on a new set of nationally
representative, internationally comparable household
surveys, this paper provides an overview of key features of
structural transformation—labor allocation and labor
productivity—in four African economies. New, micro-based
measures of sector labor allocation and cross-sector
productivity differentials describe the incentives
households face when allocating their labor. These measures

This paper uses a stochastic dynamic
programming model to characterize the optimal
savings-consumption decisions and the role of livestock
inventories as a buffer stock in rural Ethiopia. The results
show that relatively land-rich households use accumulation
and liquidation of cattle and other animal inventories for
partial consumption smoothing, while low-income households
appear not to do so. The results highlight the need for