After decades of heavy trade restrictions, fiscal distortions, and currency overvaluation, Cameroon implemented important commercial and fiscal policy reforms. Almost simultaneously, a major CFA devaluation cut the international price of Cameroon's currency in half. The authors examine the effects of these reforms on the incentive structure that manufacturing firms...

Index number theory informs us that if data on matched prices and quantities are available, a superlative index number formula is best to aggregate heterogeneous items, and a unit value index to aggregate homogeneous ones. The formulas can give very different results. Neglected is the practical case of broadly comparable items. This paper provides a formal analysis...

Index number theory informs us that if data on matched prices and quantities are available, a superlative index number formula is best to aggregate heterogeneous items, and a unit value index to aggregate homogeneous ones. The formulas can give very different results. Neglected is the practical case of broadly comparable items. This paper provides a formal analysis...

Index number theory informs us that if data on matched prices and quantities are available, a superlative index number formula is best to aggregate heterogeneous items, and a unit value index to aggregate homogeneous ones. The formulas can give very different results. Neglected is the practical case of broadly comparable items. This paper provides a formal analysis...

This article discusses the political economy of the Arab Spring. It draws attention to the economic and social factors underlying the recent uprisings in the Arab world. Essentially the article relates the internal dynamics in the Arab countries with their status and role in the global economy. It also notes especially the rising awareness in the Arab world on the ...

This article discusses the political economy of the Arab Spring. It draws attention to the economic and social factors underlying the recent uprisings in the Arab world. Essentially the article relates the internal dynamics in the Arab countries with their status and role in the global economy. It also notes especially the rising awareness in the Arab world on the ...

This article discusses the political economy of the Arab Spring. It draws attention to the economic and social factors underlying the recent uprisings in the Arab world. Essentially the article relates the internal dynamics in the Arab countries with their status and role in the global economy. It also notes especially the rising awareness in the Arab world on the ...

This article discusses the political economy of the Arab Spring. It draws attention to the economic and social factors underlying the recent uprisings in the Arab world. Essentially the article relates the internal dynamics in the Arab countries with their status and role in the global economy. It also notes especially the rising awareness in the Arab world on the ...