Publications

Does local internet diffusion spur manufacturing performance in developing countries? To answer this question, we conduct instrumental variable estimations, using repeated cross-section data on 44,073 manufacturing firms from 109 developing and transition economies, and find large positive spillo…

La gouvernance mondiale d’après 1945 s’est structurée autour des États-Unis. Les institutions spécialisées comme le FMI et la Banque mondiale sont régulièrement contestées pour la nature des programmes qu’elles instillent et pour la domination qu’y exercent les pays développés. Cette gouvernance …

Cet article examine les prêts des banques publiques en Afrique en période de crise. Pour ce faire, nous exploitons un ensemble de données original couvrant toutes les banques opérant dans huit pays d’Afrique de l’Ouest. L’échantillon final prend en compte 112 banques, dont 24 banques publiques, sur la période 2000-2019. Nous nous concentrons sur la […]

This paper examines public bank lending in Africa in times of crisis. To do so, we exploit an original data set covering all banks operating in eight West African countries. The final sample considers 112 banks, including 24 public banks, over the period 2000-2019. We focus on how public banks react during and in the […]

Understanding the landscape and trends of emissions is essential if we are to reach ‘net zero’. This column examines patterns of CO2 equivalent emissions worldwide, with a focus on 49 African countries and taking a comparative perspective. Africa’s CO2e footprint, while following the worldwide do…

This paper studies how the presence of multinational enterprises affects the export performance of Bulgarian manufacturing firms—export spillovers from FDI. Using export data at the firm/product/destination level for the period 2004–2006, it finds positive forward spillover on export value and quantity, related to quality upgrading. Conversely, it finds negative (or insignificant) backward and horizontal spillover […]

The effect of immigration on host and origin countries is mediated by the way migrants take their labour supply decisions. We propose a simple way of integrating the traditional random utility maximisation model used to analyse location decisions with a classical labour demand function at destination. Our setup allows us to estimate a general upper […]