Research Interests: Development Economics, Macroeconomics, Political Economy, Intellectual Property, Forestry, and 80 moreNatural Resources, Property Rights, International Trade, Transaction Costs, Telecommunications, Economic Growth, Carbon, Social Capital, Productivity, Developing Countries, Economic policy, Agriculture, Economic Development, Public sector, Financial Markets, Free Trade, Price Elasticity, Elasticity, Technological change, Industrialization, Diversification, Emerging Market, Financial System, Efficient Market Hypothesis, Developing Country, Industrial policy, Trade Policy, Moral Responsibility, Public Goods, Rate of return, Externalities, Sustainable Growth, Developing World, Industrial development, Rent Seeking, Economic Impact, Economic Policies, Comparative Advantage, Cost of Capital, Decision Tree, Income, Structural Change, Debt, Communication technologies, GDP, Econometric Modeling, Developed Countries, Benchmark, Full employment, Empirical evidence, Private Sector, Purchasing Power Parity, Tax Credits, Empirical Studies, Capital Accumulation, Low Income Countries, Working Capital, Interest Rate, Capital Goods, Economic Developments, Price elasticity of demand for goods, Productivity Growth, Gross Domestic Product (GDP), Government Intervention, Information Asymmetry, Living Standards, Environmental, Income Elasticity, Economies of Scale, Comparative Advantages, Marginal cost, Advanced Countries, Per Capita Income, Efficient Markets, Shadow Prices, Competitive Market, FACTORS OF PRODUCTION, Market Failures, Economic sectors, and Efficient Market
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ABSTRACT This paper identifies the twin problems of higher education financing in Africa—inadequate resources and poor use of existing resources—and traces them to the preponderance of free, public tertiary education in most countries,... more
ABSTRACT This paper identifies the twin problems of higher education financing in Africa—inadequate resources and poor use of existing resources—and traces them to the preponderance of free, public tertiary education in most countries, despite a weak economic rationale for such an approach and unintended consequences of inequitable access and politicization of higher education. It proposes a reform of higher education finance based on principles of rationalizing government's role, taking into account the politics of such reforms and the institutional changes needed for a well-functioning system of tertiary education in Africa. Copyright 2011 , Oxford University Press.
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This DPR Debate is based on the contribution by Justin Lin, Chief Economist at the World Bank, and his colleague Célestin Monga, on 'Growth Identification and Facilitation: The Role of the State in the Dynamics of Structural... more
This DPR Debate is based on the contribution by Justin Lin, Chief Economist at the World Bank, and his colleague Célestin Monga, on 'Growth Identification and Facilitation: The Role of the State in the Dynamics of Structural Change'. The article under consideration is ...