A note on the effects of graduation under the US GSP on Africa

The Trade and Tariff Act of 1984 includes a new measure, country graduation, designed to shift a greater share of the benefits of the US Generalized System of Preferences (GSP) from the more advanced developing countries to poorer beneficiary countries. This note presents estimates of the effects of graduating Hong Kong, South Korea, Singapore and Taiwan on the poorest countries of Africa. Our results show that the removal of these four countries will do little to increase the GSP benefits of the African beneficiary countries.     

A note on crop mixtures under indigenous conditions in Northern Nigeria

This note contends that crop mixtures are employed by farmers primarily as risk precautions and that the immediate objective of farmers is not only one of profit maximisation but also of stability of income. The results of an income stability model employed to verify this hypothesis seem to agree relatively well with existing information in parts of Northern Nigeria.     

The IMF and the mobilisation of foreign aid

Particularly in the context of the Millennium Development Goals, there has been much discussion of the association between the International Monetary Fund and bilateral aid flows. What role should the Fund be playing in helping to achieve the MDGs? Some observers have suggested that the Fund should seek to reduce its role in poor countries and should be minimising its own lending. They see aid donors taking on a larger role and present the IMF and aid donors as substitutes. Others envisage a much bigger lending role for the Fund. This may hint at complementarities. Although this discussion raises important policy issues there are very few studies that examine the relationship empirically. This paper attempts to help fill this gap. It explores the extent to which the IMF has had a catalytic effect on Official Development Assistance and the potential channels through which catalysis might work. It finds strong evidence of a positive association and suggests that this may have more to do with conditionality than with the provision of IMF resources. But it may not represent catalysis in the conventional sense. There is a synergy between the IMF and bilateral aid that may yet be more fully developed and exploited.     

A note on the alleged decomposition of sociology

The Decomposition of Sociology, by Irving Lewis Horowitz, 1993, New York. Oxford University Press.