Macro vulnerability in low income countries and aid responses
Macro vulnerability of the poor countries, an increasing concern of the international community, is analyzed as the risk that their development be hampered by the shocks they face, natural or external. Structural vulnerability mainly results from the size of the shocks and the exposure to the shocks, while general vulnerability also depends on resilience, mainly determined by policy. We first explain how, through instability, vulnerability affects growth and development, arguing four main points. The ex post effects are at least as important as the ex ante or risk effects. Instability affects productivity growth rather more than the level of investment. Primary or exogeneous instabilities lower growth through intermediate and policy related instabilities. Instability also increases the level of poverty (and child mortality), beyond its effects through the rate of growth. Second we examine how, for operational purposes, a synthetic measure of structural vulnerability can be obtained in an Economic Vulnerability Index (EVI), as that developed at the UN. The components of such a structural vulnerability indicator should be related both to the size of the natural and external shocks and to the exposure to these shocks. They should be averaged so that to reflect the interaction between shocks and exposure. The last part considers the implications for aid policy of the macro vulnerability of poor countries. It relies on the view that aid dampens consequences of vulnerability (i.e. vulnerability increases aid effectiveness) and that the aid volatility issue must be reexamined with this regard. Three aid responses are considered. Vulnerability (EVI) can be used as a criterion for aid allocation. Aid can be also designed as an insurance, if it can be disbursed quickly and effectively. Finally, but difficultly, aid can be oriented to contribute to the long-term reduction of vulnerability
The Economic Influence of Natural Disaster and Climate Change in Sub-Saharan African Economic Development
This article looks at the links among natural disasters, economic development and climate change. It attempts to outline a framework for thinking about these links. The work summarizes the limited knowledge of the long term economic impact of natural disasters. It is essential to draw links among disasters, conflicts, resource management, and other transmission channels to develop an appropriate response to natural disasters. The paper argues that African governments, along with their development partners, need to develop a more robust adaptation and response capability to disasters as part of their overall development planning. The work makes the case for more market-based financing mechanisms than have been used hitherto and for an emphasis on forecasting research. It also argues for more work on the links between climate change and disasters and a novel way of observing the disaster resilience as a continuum to development plans. Keywords : Climate change, Economic development, Natural disaster, Sub-Saharan Africa
Old English Manuscripts in the Early Age of Print: Matthew Parker and his Scribes
Covering the first dedicated program in the study of and publication of Anglo-Saxon texts, my dissertation examines the sixteenth-century origins of medieval studies as an academic discipline. By placing recent scholarship on media, materiality, cognition, and intellectual history in conversation with traditional paleographical methods on medieval and renaissance manuscript culture, I argue for a new way of understanding how early modern scholars studied and presented the medieval past. I take as my focus a corpus of emulative Anglo-Saxon manuscript transcriptions produced under Elizabethan Archbishop Matthew Parker. Equal parts facsimile and edition, these transcriptions are a unique example of early modern scholars navigating the often competing demands of late sixteenth century manuscript and print culture. This dissertation is, in part, an attempt to catalogue and document the extent of Parkerian Anglo-Saxon manuscript transcriptions. Temporally displaced from their source texts, Parker and his scribes directly modified many of the medieval manuscripts they recovered by editing, rebinding, cropping, and annotating them according to their own interpretive desires and publication needs. These transcriptions place Parker’s early modern scribes into the textual community of early medieval scribal culture, but their printed manuscript editions are an attempt to bring medieval documents into contemporary discourse. They developed new typefaces modeled on manuscript exemplars and attempted to reframe the printed version of a medieval text as an authoritative surrogate