Cash crops provide the livelihoods for millions of people in sub-Saharan Africa. This new CEPR/World Bank book explores the effects of increasing competition in these markets and finds that while competition improves welfare for farmers on the whole, policymakers should still consider the potential winners and losers in each case.
In a recent speech David Miles, a CEPR Research Fellow and member of the Monetary Policy Committee, suggested that UK growth through the UK's economic recovery period is expected to be only around the trend rate, rather than above it, as might have been expected had we not witnessed the extraordinary circumstances of "probably the most serious banking crisis in the UK's history", coupled with a sharp rise in commodity prices and a fall in world trade "at a pace that one associates with the start of a world war".
Although the dispute over China's exchange rate regime intensified in the run up to the Seoul G20 Summit, the 8th Global Trade Alert Report reveals that pressures for across-the-board protectionist measures have been contained, for now.
CEPR/ESI 2010 Prize for the Best Central Bank Research Paper awarded to Andrea Ferrero of the Federal Reserve Bank of New York
CEPR hosted a major conference on regulatory reform in London on 4 October 2010. It brought together leading academics, regulators and practitioners from Europe and around the world to take stock of reforms to date and to consider the challenges and difficulties that remain. The conference featured original presentations from leading scholars and panel discussions involving regulators and financial sector practitioners.
The European Economic Association has named CEPR Research Fellow Hélène Rey as the first winner of the Birgit Grodal Award.
CEPR Research Fellow Chris Pissarides has been awarded the 2010 Nobel Prize in Economics.